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Newly reduced price presents an exceptional development opportunity and outstanding value compared to neighboring communities. Located within the prestigious 24-hour guard-gated community of Indian Springs Estates and nestled in the foothills of the Santa Susana Mountains, this vacant 2-acre flat lot offers privacy, space, and breathtaking natural surroundings with oak trees, boulders, and unspoiled beauty. Set behind two layers of gates, the property features stunning westerly-facing mountain views and convenient access to the 118 and 405 freeways along with top-rated schools. What sets this opportunity apart is the extensive work already completed. Over $400,000 has been invested into architectural planning and design, including professionally developed plans and renderings for a world-class estate saving you significant time and upfront costs. The submitted plans includes a luxury residence approximately 23,500 sq. ft of living space with a basement complemented by a separate 5,000 sq. ft. (apx) 20-car garage, designed not just for storage but as a multifunctional space ideal for entertaining, hosting events, and accommodating RVs. Additional planned features include a double-lane bowling alley and a private concrete shooting range, creating a truly one-of-a-kind compound. The current owner is relocating out of state, presenting a rare opportunity to step into a highly advanced project. This exceptional property offers a major head start, with architectural plans already drawn, soils report completed, tree report completed, and civil engineering completed, saving you significant time, expense, and hassle. Use the existing plans or take the opportunity to design and build your own custom home. The property can also be built to suit at a very competitive construction cost, offering a convenient path from purchase to a completed custom residence. Seller financing available at a great rate. Buyer is advised to independently verify the accuracy of all information, including square footage, lot size, permits, zoning, schools, and property features.
Listing agent: Lee Mintz DRE #01355531 Lee@LeeMintz.com, Listing office: Compass
MLS data updated 11/2/2026, 11:03:37 AM PT
Source: CRMLS, MLS #: 26945091
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 2, 2026
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This home · nearest recorded event
$1,695,000Original asking price · Sep 2, 2026ZIP 91311 · Sep 2026
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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.
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