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This Spanish Colonial estate was built in 1928 and named Belvedere. Per the Merriam-Webster dictionary, belvedere is the ideal term for a building with a view. It derives from two Italian words, bel, which means "beautiful," and vedere, which means "view." Belvedere is perched majestically on over one acre with a panoramic view that spans from Catalina Island to Palos Verdes. The grounds are magnificent with perfectly landscaped walkways, 8 fountains, an arbor covered in wisteria, pergola, outdoor kitchen and multiple entertaining areas. The courtyard includes a wood burning fireplace, fountain and ample space for entertaining. In 1991, the property was completely rehabbed including new plumbing, electric and structural upgrades, just to name a few. The highest quality materials and finishes are evident throughout with mahogany wood floors, imported tile from France, a La Cornue range, Sub-Zero refrigerator and pewter countertops. In the past year, new HVAC systems and ducting were added and the primary bathroom was just remodeled. The primary suite, which is nearly 1,000 sf, includes two separate balconies with panoramic views, a new marble steam shower, jetted tub and quartzite counters. A historical estate like this one is truly timeless and a rare and special opportunity.
Listing agent: Corine Peterson DRE #01908211 corine@corinepeterson.com, Listing office: BHHS CA Properties
MLS data updated 10/30/2026, 6:05:31 PM PT
Source: CRMLS, MLS #: PW23018746
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 12, 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
$3,850,000Closed sale · Jul 12, 2023ZIP 92705 · Jul 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.