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Opportunity awaits at 22960 Penasco Circle in Nuevo. This 4 bedroom, 2 bathroom home offers 1,989 square feet of living space on a 6,970 square foot lot and was built in 2003. With a functional single-story layout, spacious living areas, and a large kitchen that opens to the main living space, the home has solid bones and strong upside potential. The property is in cosmetic fixer condition and is ready for updates, making it ideal for an investor looking for their next project or an end user who wants to renovate and create value with their own vision. The backyard features a wide concrete patio and hillside backdrop, offering privacy and room to enhance outdoor living. With nearly 2,000 square feet, a two-car garage, and a desirable floor plan, this is a value-add opportunity in an established neighborhood with strong rental and resale demand. Bring your contractor and imagination. Call your Realtor to schedule a tour and make an offer today!
Listing agent: Jessica Nieto DRE #01923684 Jessica@Jessicanieto.com, Listing office: eXp Realty of California Inc
MLS data updated 10/27/2026, 6:52:05 AM PT
Source: CRMLS, MLS #: OC26041327
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 26, 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
$485,000Closed sale · Mar 26, 2026ZIP 92567 · Mar 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.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.