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If you want a home like this, it can't be found, but you can build it on this lot priced at $1,295,000. You can wait for years to find a turnkey home, or you can get busy building your dream on one of the best lots that remains in North Tustin. This beautiful lot has easy access without winding through the hills, so no need to fear the drive; it is located on a private street between 12132 and 12140 Skyline Drive and is a rare development opportunity with Saddleback Mountain and Panoramic Easterly Views over Tustin Ranch and Irvine. Build your own signature estate on this prime piece of land in the heart of Orange County where this lot encompasses .67 acres. Located at the end of a private and peaceful cul-de-sac. Renderings designed by LeMaster Architects included. A site such as this is a rare offering, to buy a home and teardowns in this area would be nearly $2 million. Lemon Heights is a semi-rural area with panoramic hillside views and the smells and sounds of early California but it’s truly more a great community to live in! Capture the lifestyle that offers you privacy and serenity yet the convenience of nearby amenities and award-winning Tustin schools. Surrounded by custom multi-million dollar homes, this lot affords limitless options and are only limited by your imagination. APN 502-311-06 is how it's currently identified. Potential buyers are advised to investigate and verify the square footage and zoning status of the property with the County of Orange, State of California and any and all governing agencies. This land must truly be experienced to be appreciated. Only reason Seller changed their mind to build on this lot is that it wasn't big enough to accommodate a much larger home then they originally were going to build (see rendering of original) and instead purchased a teardown on one acre flat in the area. This lot best accommodates a home 6,000 sq. feet or smaller.
Listing agent: Dean O'Dell DRE #01060767 dean@theodellgroup.com, Listing office: Seven Gables Real Estate
MLS data updated 10/30/2026, 10:58:29 PM PT
Source: CRMLS, MLS #: PW22260510
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 25, 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
$1,175,000Closed sale · Apr 25, 2023ZIP 92705 · Apr 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.