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Investors dream. Live in one, lease the other. Lease them both. Or a family compound. Two beautiful homes on one lot in the heart of The Village. The front house, 515 Reed, is a classic 1929 Laguna cottage recently expanded and completely remodeled. The home boasts 2 bedrooms and 2 bathrooms with a bright and open kitchen, living, dining area and a large bonus room, currently being used as a 3rd bedroom. Hardwood floors and a brick fireplace add to the wonderfully warm feel of this home. Enjoy outdoor living on the private wood back patio and front deck-great for entertaining. Opposite end of the spectrum but equally impressive is 517 Reed. A brand new urban loft feeling contemporary home with 3 bedrooms and 2.5 baths. Polished concrete floors downstairs and in the entry, an open architectural steel and wood staircase leads up to hardwood floors where the light pours into the living room, kitchen and master bedroom suite. An attached 3 car garage serves both homes. Highest level of craftsmanship and materials used in each of the homes. Extensive landscaping creates space and privacy between the two homes. Close to beaches, restaurants, shops and more. So many options to consider.
Listing agent: Marcus Skenderian DRE #01115339 mskenderian@surterreproperties.com, Listing office: Surterre Properties
MLS data updated 11/2/2026, 3:07:00 PM PT
Source: CRMLS, MLS #: LG16163033
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 10, 2017
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
No recordNo property-price record in this range.ZIP 92651 · Nov 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.