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For the discerning homeowner with visions of the ultimate custom dream home in their head, but without the perfect lot to build it on, here is your opportunity to see those dreams become reality. Located on a beautiful corner lot location and surrounded by views of lush mature trees and luxury homes in the highly sought after, prestigious community of Cowan Heights in North Tustin, this 0.96 Acre (41,987 SF) lot enjoys zoning that allows other uses than a single family residence. Situated on the corner of Newport Boulevard and Cowan Heights Drive, this property is surrounded by paved roads, with services and utilities available in the street and surrounding pavement. Owner financing is also available with 30% down and negotiable terms. Enjoying its status as one of the most affluent communities in Orange County, North Tustin has no Mello-Roos tax, and proudly boasts Blue Ribbon award-winning schools. Situated in a world of its own with a rural feel, North Tustin is conveniently located off the 55 freeway and just minutes from John Wayne Airport, Disneyland, the Performing Arts Center, Anaheim Stadium, Honda Center, and Orange County’s finest major malls, dining, and entertainment, only 25 minutes from the ocean and just an hour’s drive from outdoor recreation in the local mountains.
Listing agent: Amir Maloumi DRE #01922541 maloumi@gmail.com, Listing office: First Team Real Estate
MLS data updated 11/1/2026, 7:56:21 AM PT
Source: CRMLS, MLS #: PW18158199
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 24, 2019
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 92705 · Nov 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.