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Now priced for only $150,000, this spacious 23.41 acre ranch is ready for a country home to be built atop a large hill with commanding 360 degree views. Start your own Ponderosa Ranch. A well maintained paved road divides this lot. Utilities are to the lot and the owners have reserved a 1" water meter with Rainbow Water District (installation cost is $22,102). Located in peaceful Rainbow Glen and away from the maddening crowds, this lot would be perfect for a ranch or nursery. Lot is actually on Aspen Road 1/2 mile from Rainbow Glen. County assessor shows the street as Rainbow Glen. Aspen Road is privately maintained by all property owners on that street and is in very good condition. Neighborhoods: Rainbow Other Fees: 0 Sewer: Perc Update Needed
Listing agent: Steve Vance DRE #01369805 steve@vanceteam.com, Listing office: Carrington RealEstate Services
MLS data updated 10/19/2026, 8:20:36 PM PT
Source: CRMLS, MLS #: 150012177
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 18, 2016
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 92028 · Oct 2026
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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.