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40 Springs Valley is home to one of the most amazing private lakes and renovated cabins on the North Coast. Cabins are spring fed, but wells have been dug. First well produced 100+ GPM when drilled and has pump and propane generator installed. Water lines are plumbed into the 14+/- acre gentle bench below. Second well rated at 18 GPM and is located on another natural bench about 4 acres in size. No cannabis exclusion zones affect the developed area, and the sneaky 1,000 ft exclusion from public land stays well to the east. Also outside any areas of farmland importance so outdoor cultivation should be allowed. Possible growing area is all on ridge top so frost should not be a concern. Cabins have been very nicely appointed, there are springs and a pond to enjoy, wildlife all over it, and the views are just spectacular. In multiple legal parcels and easements and road cost sharing agreements have been done. Road is paved and gated at the entrance, but one section needs rebuilding to become 4290 compliant. Two of the parcels may need to be merged to make them compliant with cannabis ordinance. All of this can be done by talented operator, but if it was easy the price would be twice as high! Seller financing is available.
Listing agent: Bobby Dutcher DRE #01370651 bobby.dutcher@yahoo.com, Listing office: Wine Country Land and Ranches
MLS data updated 10/23/2026, 5:14:57 AM PT
Source: CRMLS, MLS #: LC20183677
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 28, 2020
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 95464 · Oct 2026
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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.
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