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Located in the beautiful gateway to Avila Beach, the Cerros Avila project is an amazing opportunity for a developer looking for a project with highly desirable home sites that can get underway very soon. The Final Tract Map #3117 is ready for recordation for 22 residential parcels ranging in size from 0.3 to 1 acre and 1 non-buildable open space parcel. The seller would like to retain Lot 7 at close of escrow for his own residence, resulting in a net of 21 buildable lots. Cerros Avila offers views of Squire Canyon and the surrounding hills of Avila Valley with large but manageable lot sizes. The site plan is designed to maximize the amount of single story residences, which should result in more marketable, higher priced homes. ENTITLEMENT SUMMARY • Final Tract Map #3117 approved and ready to record • CEQA approval through a mitigated negative dec • Draft working house plans • PG&E preliminary design completed and deposits paid • Wastewater seepage pits drilled and developed • Property features a high producing on-site well for landscape irrigation HIGHLIGHTS • Final map is signed off and improvements plans are close to final approval • Located in the beautiful gateway to Avila Beach • Large lots designed for high end single level residences • Lots with various options from mountain views to more secluded sites • Gated development with two private drives See brochure for additional details.
Listing agent: Jason Hart DRE #01334694 Jason@HartCRE.com, Listing office: Hart Commercial Real Estate
MLS data updated 10/29/2026, 3:00:15 AM PT
Source: CRMLS, MLS #: PI22244223
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 28, 2023
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
$4,000,000Closed sale · Sep 28, 2023ZIP 93424 · Sep 2023
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.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.