388 E Valmonte Norte, Palm Springs, California CA92262-6035
4 Bedrooms4 Total Baths 2,278 SqFt 0.280 Acres
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. 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%).
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