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Rare opportunity to acquire two adjacent vacant lots (APN: 8523-002-032 & 8523-002-033) being sold together in the desirable Monrovia foothills. With a combined lot size of approximately 100,501 square feet, this unique offering provides an excellent opportunity to build a custom estate or explore development potential in a well-established residential neighborhood. Located at 549 & 553 Norumbega Drive, the property offers beautiful hillside surroundings with scenic views of the San Gabriel Valley. The lots feature up-slope terrain, providing an elevated setting and privacy, while the current topography appears to include a LARGE GRADED PAD AREA that may be suitable for future construction, offering potential for a custom hillside residence. Based on the current condition of the property, it appears that RETAINING WALL IMPROVEMENTS HAVE BEEN COMPLETED AROUND PORTIONS OF THE LOTS, which may help facilitate future site planning and development. Utilities appear to be available nearby, adding to the property's potential. Enjoy the peaceful foothill setting while remaining just minutes from Old Town Monrovia, known for its charming shops, restaurants, and vibrant community atmosphere. The property also offers convenient access to the 210 Freeway, making commuting and travel easy. Whether you are looking to build your dream home or invest in land within one of Monrovia’s most desirable foothill locations, this is a rare opportunity to secure two parcels with outstanding potential. Buyer to verify zoning, lot size, utilities, building requirements, grading conditions, and development potential with the City of Monrovia.
Listing agent: Kevin Lee DRE #01720786 kevinlee@kmpmgroup.com, Listing office: Coldwell Banker Envision
MLS data updated 10/24/2026, 5:23:13 PM PT
Source: CRMLS, MLS #: TR26052090
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 17, 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
$649,999Asking price recorded · Aug 17, 2026ZIP 91016 · Aug 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.