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Some properties whisper "move-in ready." This one hollers "bring a truck, a plan, and a sense of humor" — and if it feels like you've seen it before, that's just the déjà vu talking. Tucked into the hills of rural Santa Margarita, this ±38.54-acre parcel is a rancher's, builder's, or dreamer's blank canvas. Two wells and two — possibly three — ponds mean water appears to be on your side (we don't really know the water situation), a rarity worth its weight in gold out here. The land carries a main house (currently not habitable — this is a project, not a punch list), a shop building for the tools and toys, a library/office space that hints at a former life of quiet afternoons, and an unpermitted apartment that adds bonus square footage and bonus paperwork in equal measure. This is a court-ordered sale, offered strictly as-is, where-is. The seller and agents are working with limited knowledge of the property's history and condition — no inspection reports are available, and any the buyer wants will be entirely their own to order, at their own expense. What you see (and what you don't yet know) is genuinely what you get. A few ground rules before you go wandering: this is emphatically not a drive-by. No one may enter the property at any time without first signing a release of liability — no exceptions, no peeking over the fence. And depending on the season, the road in can get rugged enough that a 4-wheel-drive vehicle isn't a suggestion, it's a requirement. If you've been waiting for a property that rewards patience, sweat equity, and a good set of tires, this is it. Showings scheduled only after the waiver is signed and received by the listing agent. Ask your agent to review the additional terms and conditions in the agent remarks prior to requesting to visit the property.
Listing agent: Alicia DiGrazia DRE #01427039 alicia.bartow@gmail.com, Listing office: RE/MAX Parkside Real Estate
MLS data updated 10/16/2026, 11:20:47 PM PT
Source: CRMLS, MLS #: NS26176645
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 12, 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
$425,000Original asking price · Aug 12, 2026ZIP 93453 · 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.