Opening page…
Opening page…
Opening home details…
$1.1 Million price reduction!!! Discover a rare development opportunity within an exclusive 15-estate gated enclave off Mulholland Drive in Calabasas. This exceptional 11.7-acre homesite is one of only three properties situated on a private cul-de-sac, offering unobstructed mountain views from both the front and rear of the parcel. The two neighboring cul-de-sac estates are owned and occupied by a well-known entertainment figure, further underscoring the privacy and prestige of the setting. Ideally positioned between the iconic Pacific Coast Highway and U.S. Route 101, the property lies within the protected Santa Monica Mountains, with development overseen by the California Coastal Commission. ***** The sale includes fully approved plans for an approximately 10,000 sq ft architectural estate designed for maximum privacy, dramatic vistas, and elevated living. The proposed residence features expansive indoor/outdoor entertaining areas, a formal dining room for twelve, screening room, library, home office, subterranean garage, pool, and spa. The floor plan provides five large ensuite bedrooms and thoughtfully separates circulation for residents, guests, and business visitors. *****All state, local, and HOA approvals and permits, including the California Coastal Development permit, grading permit, and building permits have been secured. Grading is complete and FOUNDATION WORK HAS COMMENCED. This allows the buyer to bypass the typical 5-10 year entitlement and permitting process and begin building immediately. While additional parcels within the community may be available for purchase, none offer the significant advantage of being fully approved, graded, and truly shovel-ready. This property stands alone in providing a rare opportunity to move directly into the construction phase as you begin to develop a world-class estate without the slightest delay. A full prospectus is available upon request.
Listing agent: Mark Mintz DRE #01859203 mintz@compass.com, Listing office: Compass
MLS data updated 10/16/2026, 5:30:46 PM PT
Source: CRMLS, MLS #: 26846309
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 25, 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
$3,000,000Asking price recorded · Aug 25, 2026ZIP 91302 · Aug 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.