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Incredible development opportunity North of Montana, set on an expansive 7,511 sq ft lot in one of Los Angeles' most coveted neighborhoods. This rare property presents an exceptional canvas to create a custom residence surrounded by distinguished estates and impressive new construction. An ideal location just moments from the boutiques, cafes, and restaurants of Montana Avenue, as well as Palisades Park, Roosevelt Elementary School, and the beach. An outstanding combination of location and parcel size, offering a remarkable chance to build something truly special in one of Santa Monica's most desirable residential enclaves.
Listing agent: Jacqueline Cahen DRE #01954079 jacqueline.cahen@compass.com, Listing office: Compass
MLS data updated 10/16/2026, 7:22:06 PM PT
Source: CRMLS, MLS #: 26994547
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 1, 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
$3,995,000Original asking price · Oct 1, 2026ZIP 90402 · Oct 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.