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Spectacular opportunity for sunny Carmel living. Situated in the prestigious Rancho Rio Vista area near the West entry into the Carmel Valley, this lot also affords easy access to Peninsula Towns and the Coast. Less than a five minute jaunt to all of the amenities in Carmel. Offering 1 acre, this lot is gently sloped and south facing, offering stunning views of Carmel Valley, The Santa Lucia Range and peeks of Point Lobos. Approved plans and secured .30 acre feet of Mal Paso water offer the buyer/builder numerous options in their build out. The flexible 3-5 bedroom floorpan also offers space for an additional guest suite, office, workshop, or possible ADU. The high efficiency South facing design is oriented for views and solar power. With the right materials this home could easily be a net zero green home. Opportunities for buildable lots in the Carmel Valley Corridor are becoming increasingly difficult to find. All of the leg work has been done. The adjacent lot, 4215 Marguerita Way is for sale by the same owners. Buy both lots and build both homes or start over with enough water to build your estate with a swimming pool. This could be your dream come true!
Listing agent: Jason Montgomery DRE #01519124 jason.montgomery@cbrealty.com, Listing office: Coldwell Banker Realty
MLS data updated 11/3/2026, 3:14:45 PM PT
Source: CRMLS, MLS #: ML81960881
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 3, 2024
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
$950,000Closed sale · Jun 3, 2024ZIP 93923 · Jun 2024
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.