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Discover the potential of this exceptional 5.25-acre estate view lot nestled within the prestigious gated community of The Ranches at Sky Mesa. This rare offering is ideal for builders, contractors, or investors seeking privacy, natural beauty, and high-end development potential. Perched at approximately 2,700+ feet in elevation, the north-facing parcel boasts breathtaking, unobstructed views of snow-capped mountains, Lake Perris, Phantom Lake, rolling hills, and dramatic sunsets. The natural terrain features striking rock outcroppings—ideal for designing custom waterfalls, sparkling pools, and serene ponds to create a true resort-style oasis. This exclusive community features million-dollar custom homes, underground utilities, and excellent 24/7 gated security enhanced by high-tech surveillance cameras. Each parcel maintains a minimum of five acres and allows up to four horses, with mobile homes prohibited to preserve the estate-quality aesthetic. Homes must be a minimum of 2,800 square feet with at least a three-car garage, ensuring architectural consistency and luxury throughout the neighborhood. A site plan has already been prepared for this lot, offering a head start on your dream home or investment project. Utilities include district water, electric, and phone lines located in the paved street, and the property is in a propane and septic area. The lot has clearly marked corners and is accessible through gated entry points north off Nuevo Road and south off Juniper Flats Road. There's ample space for additional structures such as patios, garages, horse facilities, walking trails, or other outdoor amenities. Conveniently located near I-215, Highway 74, and the Ramona Expressway, this property offers easy access to shopping, schools, medical centers, parks, and regional airports. It sits between Perris and Diamond Valley Lakes and is just 20 miles from Lake Elsinore—Southern California’s largest freshwater lake—offering year-round opportunities for fishing, boating, water sports, and more. Centrally located for commuting to Riverside, San Diego, Orange, Los Angeles, and San Bernardino Counties. As a bonus, financing may be available (OMC) with as little as 15% down, making this an outstanding opportunity for qualified buyers and investors. Don't miss the chance to secure this stunning view lot in one of Southern California’s premier private communities. Call today—must see to appreciate!
Listing agent: Shawn Smithson DRE #01706033 shawn@smithsonrealtygroup.com, Listing office: RE/MAX One
MLS data updated 11/3/2026, 11:31:32 AM PT
Source: CRMLS, MLS #: OC26057224
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 16, 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
$149,000Original asking price · Mar 16, 2026ZIP 92548 · 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.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.