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Perched above one of the most stunning coastlines on the Pacific, in the highly sought-after Carmel Highlands, this 2.12-acre parcel offers the rare opportunity to create your own modern, coastal retreat. With significant preparatory and infrastructure work finished, and plans currently in the design approval process, this stunning 5,000+ sq. ft. residence is well on its way to realization. The home has been designed to frame sweeping ocean views through floor-to-ceiling glass and vaulted ceilings, with a thoughtful layout that includes 3 bedroom suites, 3.5 baths, an elevator, and a 3-car garage. The main-level primary suite captures dramatic ocean vistas with a spa-like bath, while the upper-level suite features a bar and private terrace, perfect for morning coffee or relaxing at sunset. Expansive living and sitting rooms share a double-sided fireplace, and multiple decks invite seamless indoor-outdoor living. With a gourmet kitchen, pantry, and private well, this property offers an exceptional opportunity to build an architecturally striking home surrounded by the natural beauty of the Carmel Highlands.
Listing agent: Tim Allen DRE #00891159 team@timallenproperties.com, Listing office: Coldwell Banker Realty
MLS data updated 10/20/2026, 6:41:23 AM PT
Source: CRMLS, MLS #: ML82026030
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 29, 2025
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
$3,100,000Closed sale · Dec 29, 2025ZIP 93923 · Dec 2025
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.