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Closed
- Listed price
- $1,700,000
- Listed Oct 21, 2021 · $746/sq ft
- Sold price
- $1,700,000
- Sold Dec 9, 2021
3 beds|3 ba|2,278 sqft|12,197 sqft lot|1935 Built|32 days listed
388 E Valmonte Norte, Palm Springs, CA 92262
Property Description
First time ever on the market! Designed by Frank Lloyd Wright protege, 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!
Listing agent: Joseph BabineauxDRE #01924348jbabineaux@windermere.com, Listing office: HK Lane Real Estate
MLS data updated 10/21/2026, 8:01:48 AM PT
Source: CRMLSMLS #: 219069268PS
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,700,000
Dec 9, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,700,000Closed sale · Dec 9, 2021ZIP 92262 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsOct 21, 2021 – Dec 9, 2021
ZIP 92262 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.