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Imagine a blank canvas of 6.94± acres, where the beauty of the California coast meets the limitless potential of your imagination. This isn't just a homesite; its a rare invitation to design and build your legacy residence from the ground up in the prestigious enclave of Tehama. As one of the final remaining parcels featuring views of Point Lobos and the Pacific Ocean, this property offers the creative freedom to craft an architectural dream that perfectly reflects your vision and lifestyle. The setting is nothing short of breathtaking, it invites your own vision for an estate that honors the natural topography, this premier lot provides the space and inspiration to bring that dream to life. With over 70 of the 90 homesites already spoken for, the opportunity to secure such a significant piece of land and shape its future is increasingly rare. Life here is defined by a deep connection to the landscape and a world-class suite of amenities - the Tehama Club, offering dining, fitness center, swimming pools, and courts for tennis and pickleball. This is more than a construction project, it is the chance to curate a personal sanctuary and a lasting legacy on one of the most breathtaking stretches of the Carmel coastline.
Listing agent: BambacePetersonTeam DRE #70010145 bambacepeterson@compass.com, Listing office: Compass
MLS data updated 10/19/2026, 5:47:55 AM PT
Source: CRMLS, MLS #: ML82052929
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 3, 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
$4,675,000Original asking price · Jul 3, 2026ZIP 93923 · Jul 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.