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Absolutely beautiful property filled with soaring old-growth redwoods, lush greenery, and two year-round creeks. This gorgeous and magical 5.1 acre parcel is easy to reach and is only 14 miles south of Carmel and only 3 miles from Scenic Hwy 1 on Palo Colorado Canyon. There is approximately 1000 feet of Rocky Creek river frontage along the south border of the parcel and the smaller Brandon Creek runs right through the middle of the property. There are several flat, usable areas, including a fantastic location to build your mountain dream home! Previous owners had received an approved combined development permit to build a 3200 square foot house, but they did not get the chance to build. There is an existing well on the property and the power lines are accessible at the street, so this is a fantastic opportunity for someone to pick up where the previous owners left off and build a fantastic mountain retreat that is only 20 minutes from town. Prior plans and reports are available.
Listing agent: Doug Toby DRE #01239501 dtoby@kw.com, Listing office: KW Coastal Estates
MLS data updated 11/3/2026, 7:11:29 AM PT
Source: CRMLS, MLS #: ML81966488
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 18, 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
$460,000Closed sale · Feb 18, 2025ZIP 93923 · Feb 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.