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 backyard. 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.