Zooey Deschanel Charms in Valentino at the Vanity Fair Oscar Party

Zooey+Deschanel in 2011 Vanity Fair Oscar Party Hosted By Graydon Carter - Arrivals
Actress Zooey Deschanel arrives at the Vanity Fair Oscar party hosted by Graydon Carter held at Sunset Tower on February 27, 2011 in West Hollywood, California. (Getty Images)more pics » Zooey Deschanel Oscar Party Dress
All eyes were on Zooey Deschanel at this year's coveted Vanity Fair Oscar Party. Fans waited with bated breath for a glimpse of Deschanel 's red carpet dress and she certainly did not disappoint. The actress brought her signature feminine vintage aesthetic to the red carpet in a sheer Valento Spring 2011 dress. The intricate lace dress featured long sleeves and a daisy patterned skirt. Zooey added a burst of color to the look with red satin platforms. 

Zooey Claire Deschanel is an American actress, musician, model, and singer-songwriter. In 2010, Deschanel secured the role of Belladonna in the upcoming fantasy comedy film Your Highness alongside Academy Award winning actress Natalie Portman and Oscar host James Franco. Deschanel will star in the pilot for the HBO series I'm with the Band: Confessions of a Groupie, in which she plays the role of Pamela Des Barres, who wrote a memoir based on her own experience as a former groupie.

The 83rd Annual Academy Awards were held February 27, 2011 at the Kodak Theatre in Hollywood. James Franco and Anne Hathaway hosted the festivities, which honored the best films of 2010. Hathaway, who employed her stylist gal pal Rachel Zoe to dress her for the event, looked fabulous as always. And as well she should: Zoe's fee was reportedly astronomical!

Click the image to see more Oscar fashion and beauty:

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