NOT LISTED FOR SALE

387 E Valmonte Sur Palm Springs, CA 92262

The Movie Colony Neighborhood

Estimated Value: $2,385,000 - $2,443,049

4 Beds
4 Baths
2,619 Sq Ft
$925/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2016

Last sale price $800,000 $305 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $14,450 / mo

133 Days on Market

About This Home

As of September 2016

REDUCED! This Spanish Hacienda with Guest Casita on .28 acres is in the heart of the Movie Colony with pool and stunning mountain views. The kitchen and master bath have been beautifully renovated. The main home features 3 bedrooms and 2 baths. The spacious guest casita with bath is an ideal space for long term guests. Built in 1937, this home features vaulted and beamed ceilings, a vintage fireplace in the master. Spacious living room and adjoining dining room with walls of glass leading to a large pool with stunning mountain views. Each bedroom has a private exit to the pool. A large deck above the house offers fabulous views. With a little work and some imagination, this could be a truly magnificent Movie Colony estate and priced well into the 1-2 million dollar range.

Last Agent to Sell the Property

Ryan Cummings

Sotheby's International Realty License #01415106 Listed on: 03/21/2016

Sotheby's International Realty

Co-Listed By

John Moore

Sotheby's International Realty License #01923013

Last Buyer's Agent

Brady Sandahl

Keller Williams Luxury Homes License #01416687

Keller Williams Luxury Homes

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

Single Family

Year Built

1937

Lot Details

0.26 Acres

Listing Details

  • Active Date: 2016-07-17
  • Full Bathroom: 4
  • Building Size: 2619.0
  • Building Structure Style: Spanish
  • Driving Directions: Alejo to N Via Miraleste, Left on Granvia Valmonte, Left on Via Corta, Right on Valmonte Sur
  • Full Street Address: 387 E VALMONTE SUR
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-09-27
  • Property Condition: Fixer, Repair Cosmetic
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1937

Interior Features

  • Advertising Remarks: This Spanish Hacienda with Guest Casita on .28 acres is in the heart of the Movie Colony with pool and stunning mountain views. The kitchen and master bath have been beautifully renovated. This home is just waiting to be brought back to is grander. The ma
  • Total Bedrooms: 4
  • Builders Tract Code: 5620
  • Builders Tract Name: MOVIE COLONY
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: No
  • Fireplace Rooms: Master Bedroom
  • Floor Material: Carpet, Pavers
  • Kitchen Features: Granite Counters, Island, Remodeled
  • Laundry: Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 11326
  • Common Walls: Detached/No Common Walls
  • Other Structures: GuestHouse
  • Roofing: Clay Tile

Garage/Parking

  • Parking Features: Covered Parking

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Bought by
Current Estimated Value
$2,421,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$494,772
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$1,926,911

Purchase Details

Closed on
Jul 30, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 21, 2016
Closed on
Aug 16, 2016
Sold by
Bought by
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
Brady Sandahl
Keller Williams Luxury Homes
List Price
$949,000
Sold Price
$800,000
Premium/Discount to List
-$149,000
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$600,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in The Movie Colony, CA

  • Fatima Nordquist Real Estate Agent - Beverly Hills Fine Homes

    Fatima Nordquist

    Responds Quickly

    Beverly Hills Fine Homes

    (760) 501-2765

    117 Total Sales

    1 in The Movie Colony

    $2,295,000 Price

    Fatima Nordquist
     Section Image
  • Maureen Roman Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Maureen Roman

    Responds Quickly

    Berkshire Hathaway HomeServices California Properties

    (888) 431-4354

    42 Total Sales

    1 in The Movie Colony

    $1,675,000 Price

    Maureen Roman
     Section Image
  • Leonardo Montenegro Real Estate Agent - Keller Williams Luxury Homes

    Leonardo Montenegro

    Keller Williams Luxury Homes

    (760) 548-4123

    132 Total Sales

    4 in The Movie Colony

    $2.7M - $3.1M Price Range

    Leonardo Montenegro
     Section Image
  • Jasper Lansky Real Estate Agent - Compass

    Jasper Lansky

    Responds Quickly

    Compass

    (805) 538-1400

    16 Total Sales

    1 in The Movie Colony

    $290,000 Price

    Jasper Lansky
     Section Image
  • Reza Shirangi Real Estate Agent - The Oppenheim Group

    Reza Shirangi

    Responds Quickly

    The Oppenheim Group

    (949) 979-7429

    110 Total Sales

    1 in The Movie Colony

    $3,250,000 Price

    Reza Shirangi
     Section Image
  • James Bianco Real Estate Agent - Coldwell Banker Realty

    James Bianco

    Coldwell Banker Realty

    (760) 968-0847

    233 Total Sales

    3 in The Movie Colony

    $2,825,000 Price Range

    James Bianco
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
-- Commonwealth Land Title
-- Orange Coast Title Company
$800,000 Orange Coast Title Company
$700,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Previous Owner $100,000
Previous Owner $2,502,500
Previous Owner $3,340,000
Previous Owner $600,000
Previous Owner $630,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2016 09/27/16 Sold $800,000 -8.5% $305 / Sq Ft
07/17/2016 07/17/16 Price Changed $874,000 -5.9% $334 / Sq Ft
06/02/2016 06/02/16 Price Changed $929,000 -2.1% $355 / Sq Ft
03/21/2016 03/21/16 For Sale $949,000 -- $362 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $13,667 $1,177,989 $324,960 $853,029
2025 $14,036 $1,154,892 $318,589 $836,303
2023 $14,036 $1,110,048 $306,219 $803,829
2022 $14,321 $1,088,283 $300,215 $788,068
2021 $14,029 $1,066,945 $294,329 $772,616
2020 $13,382 $1,056,006 $291,312 $764,694
2019 $22,506 $1,806,000 $302,500 $1,503,500
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cummings Real Estate Agent - Sotheby's International Realty

    Seller's Agent in 2016

    Ryan Cummings

    Sotheby's International Realty

    (760) 409-0129

    77 Total Sales

    Ryan Cummings
    Section Image
  • John Moore Real Estate Agent - Sotheby's International Realty

    Seller Co-Listing Agent in 2016

    John Moore

    Sotheby's International Realty

    (760) 774-9614

    60 Total Sales

    John Moore
    Section Image
  • Brady Sandahl Real Estate Agent - Keller Williams Luxury Homes

    Buyer's Agent in 2016

    Brady Sandahl

    Keller Williams Luxury Homes

    (760) 656-6052

    5 in this area

    514 Total Sales

    Brady Sandahl
    Section Image
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Map

Source: The MLS

MLS Number: 16-107842PS

The MLS

APN: 507-193-012

California Riverside County Palm Springs 92262 The Movie Colony

387 E Valmonte Sur, Palm Springs, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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