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RECORD SALE
388 E Valmonte Norte
Palm Springs
Sold by Tim Smith Real Estate Group for $2,450,000 and $1,075.50/ SF marking the highest sales price and highest price per square foot ever recorded in The Movie Colony.
388 E Valmonte Norte
Embodying the Epitome of Resort Living
This sophisticated Movie Colony estate, envisioned by Frank Lloyd Wright's distinguished protégé, architect Hiram Hudson Benedict, has been masterfully reinvented with a touch of Spanish elegance. Occupying approx. 2,278 square feet of radiant living area, the luxurious four-bedroom, three-and-a-half-bathroom domicile is advantageously positioned a stone's throw from Palm Springs' premier dining and shopping locales. The idyllic haven has welcomed esteemed guests such as Bob and Dolores Hope. This sanctuary showcases an assortment of artisanal finishes, featuring Arto tile flooring and Talavera tiles dispersed throughout. Congregate and celebrate in the resplendent great room, bedecked with lofty beamed ceilings, a commanding wood-burning fireplace, pristine hardwood floors, casement windows, and refined French doors that usher you to the rear patio. Surrounded by an extensive walled lot, a shimmering new swimming pool and spa, complemented by majestic mountain panoramas, complete this picturesque retreat.
388 E Valmonte Norte Presents A Lifestyle Beyond Compare.
Additionally, the property comprises a detached two-car garage, generous walk-in closets, abundant storage, a full basement, a rooftop deck, and unobtrusive underground utilities. This 1935 estate has been recognized in the Citywide Historic Research Survey as a significant example of pre-World War II residential development. It’s “5S3” historic status code can also be attributed to the home’s classic Spanish Colonial Revival-style architecture and distinctive design details which pose potential for eligibility as a Mills Act residence. Resting on fee land (privately owned), and a casual stroll from Ruth Hardy Park, upscale eateries, high-end boutiques, and the casino, this opulent home affords unparalleled walkability on a tranquil, charming street. Palm Springs’ reputation as a premier vacation and second-home destination makes this offering a savvy investment, with the opportunity to apply for a coveted Short-Term Rental license within the Movie Colony enclave (which caps at 20%).
Coastal San Clemente... Southern California's Best Kept Secret
Located at Orange County’s southern-most end, nearly equidistant to Los Angeles and San Diego, the special stretch of land known as San Clemente has been a cherished destination for decades with its long stretches of beach and rolling hills. While home to more than 64,000 residents, world-class dining and shopping, San Clemente has managed its growth and maintained its charm over the course of 100 years with thoughtfully planned communities, parks, recreation and cultural attractions.
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Thanks for your interest. If you need immediate assistance, please call, or text: 949.478.2295.