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Nestled atop a picturesque knoll, this stunning 5.09-acre parcel offers breathtaking 360-degree views, including sweeping vistas of the valley, majestic mountains, and twinkling city lights. Located in the prestigious Santa Margarita Ranchos HOA and surrounded by multi-million dollar estates, this prime lot is just minutes from town while offering the serenity of a private retreat. The property boasts a generous building site where a very large flat pad can be developed, making it the perfect canvas for your dream home. With a minimum home size of 2,500 square feet, the possibilities for luxury living are endless. Essential utilities are close by, with power, phone, and water lines fronting the property, along with a fire hydrant for added peace of mind. The property is paid into the water district and qualifies for a 1" water meter, simplifying the development process. This rare offering combines convenience, privacy, and panoramic beauty – an unparalleled opportunity to create your custom estate. Financing Available – Stated income loans with as little as 20% down and a 10-year fixed rate for qualified buyers.
Listing agent: Rolf Rawson DRE #00920606 Rolf@RawsonTeam.com, Listing office: Rawson & Associates
MLS data updated 10/27/2026, 4:56:03 AM PT
Source: CRMLS, MLS #: SW26196269
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 10, 2026
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
$449,000Original asking price · Sep 10, 2026ZIP 92590 · Sep 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.