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Welcome to 480 E Valmonte Norte, a prime .26-acre corner lot in the heart of the Movie Colony. Entering the private walled and gated grounds you are welcomed with lush lawns, a fountain, orange, grapefruit and fig trees. This beautiful Mid-Century Ranch home with a storied history has over 2,900 sq. ft. of living space including a large main living room with an oversized wood burning fireplace, an entertainer's kitchen with a large center island that can easily seat 6 people. With 3 bedrooms and 3 1/2 bathrooms, the master suite has a walk-in cedar closet, a dressing area, an updated bathroom and access to the back yard. Across the back of the home is the permitted enclosed sunroom which offers, a lounge/bar area, a dining area, an office, a spin room and the laundry. The newly refurbished Palm Springs swimming pool and pool-deck, palapa/BBQ island, cabana, mature night lit palm trees and a large outdoor fireplace create the perfect place for sun, fun and relaxation. The property has two separate gated driveways and a 2-car attached garage to securely park up to 6 vehicles. Gently used over the past 20 years as a corporate retreat, the original owner was said to be part owner of the Rams Football Team and the Riverside Motor Raceway with Bob Hope who frequented the property along with Frank Sinatra. Walking distance to the casino, shopping and restaurants, situated on FEE land (you own the land), this home Is perfect for a full-time residence or a part time retreat
Listing agent: Richard Pearson DRE #01320746 richardapearson@verizon.net, Listing office: Richard Pearson, Broker
MLS data updated 10/24/2026, 6:20:00 AM PT
Source: CRMLS, MLS #: 219059248DA
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 30, 2021
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
No recordNo property-price record in this range.ZIP 92262 · Oct 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
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.