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Spectacular opportunity to build a custom residence in North Tustin! This stunning Lemon Hill luxury lot is a dream for any builder. With predominantly flat topography and ocean/hill views, this is an amazing spot to create your own estate as the sky is truly the limit. Amenities include the property being accessible from multiple streets: both at the end of the Lemon Leaf Lane cul-de-sac and from Rockinghorse Lane. This would allow for the creation of a second driveway off the back of the property for access to a possible ADU, to store an RV, or for maintenance of the yard. The lot boasts the perfect location with the privacy and luxury provided by the highly prestigious North Tustin community combined with the proximity to local dining, shopping, and entertainment, including Old Town Orange, The Outlets, South Coast Plaza, and the Irvine Spectrum. Additional important construction-related information includes that a civil engineering feasibility study has been completed, which shows the proposed square footage for a home and yard with grading and retaining wall estimates; meetings have been held with Orange County representatives to confirm viability of building on the lot; and architectural firms have been interviewed for completion of building plans. Additionally, the property has easy access to hiking, biking, and walking trails in the highly acclaimed Peters Canyon Regional Park. Located within the California Distinguished Foothill High School district and near the 55/5 freeways and the 241/261 toll roads for ease of travel, you truly will not find a better place to build. Don’t let this stunning lot and the life it can afford pass you by!
Listing agent: Amir Maloumi DRE #01922541 maloumi@gmail.com, Listing office: First Team Real Estate
MLS data updated 10/31/2026, 10:52:26 AM PT
Source: CRMLS, MLS #: PW22076586
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 21, 2022
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
$725,000Closed sale · Jul 21, 2022ZIP 92705 · Jul 2022
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.