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Your Dream Estate Awaits: Turnkey Development in Prestigious De Luz. Discover an exceptional opportunity to build your custom estate on this nearly 5-acre parcel in highly sought-after De Luz. This isn't just land; it's a prepped, and ready for immediate construction of your luxury home. Enjoy fantastic views of the surrounding hills from the engineered 1-acre building pad, thoughtfully designed with wide driveway access. Every detail has been considered: 1) Comprehensive Engineering: Civil, soil, and architectural engineers have completed all necessary plans, including a 1-acre buildable pad, slope stability reports, perc tests, septic tank, leach field designs, and even a ready-to-submit house plan for Phase II. 2) Extensive Site Work: The land has been professionally graded, with all drains installed, 600 feet of underground irrigation lines, a new 1-inch water meter and backflow system (inspected and approved by Rancho Water), and 270 feet of concrete V-gutter for superior water management. 3) Mature Landscaping & Infrastructure: Approximately 100 young avocado trees are already planted with an established irrigation system, adding to the property's value and charm. Slope stability coconut nets are also in place on the upper slope. The current owner has envisioned a two-home project, with significant progress already made: A) Phase I (Lower Part): Features a 2,549.5 sq ft two-story home with 4 bedrooms (including a 400 sq ft guest suite). Floor plans, architectural, soil, and electrical plans are all complete and ready to go. B) Phase II (Upper Part): A 4,000 sq ft building pad (including a 400 sq ft guest suite) is graded with full drainage mitigation. Civil plans for grading and the septic system are complete, with only a soil report update remaining. All plans and reports are available as PDFs, with AutoCAD files provided upon sale. Located adjacent to "Millionaire's Row" and close to town, this parcel offers the ultimate blend of privacy, prestige, and unparalleled readiness for your vision.
Listing agent: Fara Salamat DRE #00867268 fara@faraprime.com, Listing office: Fara Salamat
MLS data updated 10/24/2026, 6:38:16 AM PT
Source: CRMLS, MLS #: 25552493
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 19, 2025
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
$350,000Closed sale · Sep 19, 2025ZIP 92590 · Sep 2025
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.