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PRICE REDUCTION! This 5-acre parcel in the desirable Ponderosa Basin offers a great opportunity at an unbeatable price. The property boasts some scenic views at the top of the parcel off Parker Dr, including glimpses of the surrounding mountain range. For added potential, if you drive around to the rear of the property, you'll find an road leading to a quiet cul-de-sac where there is an easement to offer access to the rear of the parcel —ideal for future development. Walk down the Shade Tree Extension road and you'll see a big fallen tree and the Survey stakes are clearly marked, the property is on the left after the survey stakes and making it easy to envision the possibilities for this land. Whether you're looking to build your dream home, invest, or explore development opportunities, this property offers great value and plenty of potential for a cheap price!
Listing agent: Kelly Salonen DRE #02063555 kellysalonenrealtor@gmail.com, Listing office: Yosemite Realty
MLS data updated 10/19/2026, 1:30:56 PM PT
Source: CRMLS, MLS #: MP24254057
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 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
$20,000Closed sale · Apr 18, 2025ZIP 95338 · Apr 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.