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Off market
  • Zillow Home logoZestimate®
    $2,543,000

    388 E Valmonte Norte, Palm Springs, CA 92262

    3beds
    2,278sqft
    SingleFamily
    Built in 1935
    0.28 Acres Lot
    $2,543,000 Zestimate®
    $1,116/sqft
    $5,636 Estimated rent

    Home value

    $2,543,000

    $2.29M - $2.85M

    $5,636/mo

    Zestimate® history
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    $5,636/mo

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    Rent Zestimate®

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    $17,274/mo

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    What's special

    First time ever on the market! Designed by Frank Lloyd Wright protégé, architect Hiram Hudson Benedict, this classic Spanish-style estate has been lovingly maintained by the same family since it was built in 1935. Throughout its storied past, famous guests have visited this very special property, including Bob and Dolores Hope. Located in the heart of the coveted Movie Colony community on a large walled/gated lot, the 2,278-square-foot residence offers details, character and charm rarely found in homes today. Stunning great room with vaulted ceiling, wood beams, oversized wood burning fireplace, built-in bookshelves, hardwood floors, original windows, and french doors to the adjacent screened porch/sunroom. Formal dining room with Tiki style accents. Spacious kitchen featuring a vintage Gaffers and Sattler stove. Three bedrooms and three bathrooms plus office/den. Walk-in closets and plenty of storage throughout, including a full basement. Sparkling swimming pool and spa. Detached two-car garage with rooftop deck. Unobstructed mountain views (underground utilities). Situated on fee land (you own the land). Within a short walking distance to Ruth Hardy Park, restaurants, shops, and the casino. Enjoy the quintessential Palm Springs life!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Laundry: Individual Room
    Features
    • Beamed Ceilings, Built-In Features, Storage, Vaulted Ceiling(s)
    • Has fireplace: Yes
    • Fireplace features: Brick
    Interior area
    • Total interior livable area: 2,278 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached
    Features
    • Fencing: Block
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 507184010

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Tile
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: In Street Paid

    Community & HOA

    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $1,116/sqft
    • Tax assessed value: $2,548,978

    Price history

    DateEventPrice
    10/2/2023Sold$2,450,000+44.1%$1,076/sqft
    Source: Public Record Report a problem
    12/9/2021Sold$1,700,000$746/sqft
    Source: CDAR/ Desert Area MLS #219069268 Report a problem
    11/22/2021Pending sale$1,700,000$746/sqft
    Source: Greater Palm Springs Realtors #219069268 Report a problem
    10/29/2021Contingent$1,700,000$746/sqft
    Source: Greater Palm Springs Realtors #219069268 Report a problem
    10/21/2021Listed for sale$1,700,000$746/sqft
    Source: Greater Palm Springs Realtors #219069268 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,548,978 +2%
    2025$29,261 -2.7%$2,498,999 +2%
    2024$30,060 +35.4%$2,450,000 +41.3%
    2023$22,193 -0.1%$1,734,000 +2%
    2022$22,221 +496.8%$1,700,000 +518.4%
    2021$3,723 +4.5%$274,914 +1%
    2020$3,562 +1.7%$272,096 +2%
    2019$3,501 +1.9%$266,762 +2%
    2018$3,437 +1.5%$261,532 +2%
    2017$3,385 $256,405 +2%
    2016$3,385 +7.5%$251,379 +1.5%
    2015$3,148 +1.6%$247,605 +2%
    2014$3,099 $242,757 +0.5%
    2013-- $241,662 +2%
    2012-- $236,925 +2%
    2011-- $232,281 +0.8%
    2010-- $230,547 -0.2%
    2009-- $231,096 +2%
    2008-- $226,566 +2%
    2007-- $222,124 +2%
    2006-- $217,769 +2%
    2005-- $213,500 +3.9%
    2003-- $205,480 +2%
    2002-- $201,452 +2%
    2001$2,294 +2.4%$197,503 +2%
    2000$2,239 $193,632
    Find assessor info on the county website

    Neighborhood: The Movie Colony

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,543,000
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    Estimated market value
    $2,543,000