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Rare Opportunity ... 2 buildable lots (totaling 3.55 acres) gentle and very usable, with ocean & mountain views, in the Cold Spring School District! could be spacious compound, or live on one lot and develop the other .... endless possibilities! Includes a slice of early California with an existing adobe hacienda with great-room floor plan sited for views to the harbor, ocean, islands, and mountains. Live here while building your dream home or compound; an ultimate retreat setting. Enjoy the ambiance of vaulted ceiling, living room with fireplace, open to the expansive covered veranda with city and ocean views for year-round gatherings. With 3 bedrooms and 2 baths, the primary bedroom suite, with stunning scalloped window detail and metal framed doors to the veranda and views,Traditional features including corner fireplaces, built-in storage, traditional painted tiles in the baths, and exceptional indoor/outdoor living. Other amenities include: a snuggly reading loft above the living room, a BBQ patio conveniently located off the kitchen, a wine cellar, fruit trees, a relaxing Koi-pond patio, and acres of serenity. Plus, many recent upgrades including new roof and AC. 231 E Mountain, 2.03 ac, hosts the Adobe Hacienda, and 229 E Mountain, 1.52 ac, is the adjacent vacant lot, being offered together to total 3.55 acres. Beautiful, gentle land, ample opportunity to live in adobe while developing your dream home.
Listing agent: Scott Westlotorn DRE #01875690 Scott@MontecitoLand.com, Listing office: Sotheby's International Realty
MLS data updated 10/20/2026, 8:40:58 PM PT
Source: CRMLS, MLS #: 22203119
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 4, 2023
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This home · nearest recorded event
$3,212,000Closed sale · May 4, 2023ZIP 93108 · May 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
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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.
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