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A rare opportunity to build your dream home on this expansive 40-acre parcel in the Carmel Highlands. This superior parcel comes with approved plans & permits from renowned architectural firm Studio Schicketanz for a 5,500 SF Contemporary residence. The separate 2 bed/1 bath Guest House has the most spectacular views on the Lobos Ridge without interrupting the main house environment. A unique elevation of 1,100 feet. Offering a Big Sur feeling with spectacular, ocean and panoramic shoreline vistas overlooking the Point Lobos State Park, this property boasts inspiring views in all directions of Palo Corona Park, Carmel Bay, Pebble Beach & the Santa Lucia Preserve.There is a private domestic well, state of the art ozone purification system, two water storage tanks + underground utilities on the site. Building permits are "Shovel Ready" to build the residence now. Minutes to downtown Carmel! The Lobos Ridge Estates is an exclusive private gated subdivision of only 9 properties.
Listing agent: Michele Altman DRE #01310623 michele.altman@sothebys.realty, Listing office: Sotheby's International Realty
MLS data updated 10/21/2026, 9:25:16 AM PT
Source: CRMLS, MLS #: ML81916387
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 11, 2023
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
$2,600,000Closed sale · Sep 11, 2023ZIP 93923 · Sep 2023
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.