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LAST OF ITS KIND breathtaking 3.67 Acres of prime land in Cowan Heights! Set on a street of multi-million dollar properties, the location and topography could not be better. The current owner purchased the property with plans to be a "gentleman farmer" and live comfortably in sync with the land surrounded by ancient towering native trees...citrus and avocado groves reminiscent of Orange County's beginnings. Highlights include an 80 - foot deep new well, two entrances onto the property - either from Brier Lane or Cowan Heights Drive. Rare opportunity to build a family compound or subdivide. Maybe add a lake in the middle, shared sports court, let your imagination run wild! Zoning is E4 which allows for 1/2 acre lots. The home on the property was torn down with only the foundation still in place. Fabulous access with utilities close by. Located within the boundaries of North Tustin's award-winning schools and shopping centers. Live you dream life in the country surrounded by nature while still within close proximity of all of the modern conveniences. Plenty of space for equestrian facilities, great for car collectors, tennis court. Walk along nearby trails that lead into Peter's Canyon Regional Park.
Listing agent: Bonnie Gausewitz DRE #00937425 bonnieg@sevengables.com, Listing office: Seven Gables Real Estate
MLS data updated 11/1/2026, 6:20:28 PM PT
Source: CRMLS, MLS #: PW21082797
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 21, 2021
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92705 · Nov 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.