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Run this building through your preferred short term rental estimation tool. Try as a four bedroom or four separate studios. The earnings appear to be substantial, with plenty of space on the property to add additional units. Formerly a summer art school, Art Ranch of Pescadero, this beautiful property located in Pescadero, CA offers a unique opportunity to own a piece of land in a serene and picturesque setting. The school was founded in 1956 by Marques Rietze, after retiring as head of San Jose state’s art department. Later, the building served as apartments, and was later abandoned. After 40 years of complete neglect, the building was in a sad state. The current owner began to reverse the trend in 2017. The property is being sold as bare land however. You have the freedom to create a custom living space to suit your needs and desires.45 min to all airports in Bay Area. There is plenty of space for outdoor living, gardening, and recreation, horses, barns, and the like. The property is located in a tranquil area of Pescadero, known for its natural beauty and peaceful atmosphere. Surrounded by rolling hills, this location provides a sense of seclusion and tranquility, making it the perfect escape from the hustle and bustle of city life. Although the property currently has a building, it is not fit for habitation, having no working utilities. The former utilities are derelict -well, septic and electric. The potential for development is vast. Whether you are looking to create a weekend getaway, a full-time residence, or a vacation rental, this property offers a blank slate for you to bring your vision to life.
Listing agent: Brian Dombroski DRE #01919504 Brian@dombroskiRE.com, Listing office: Dombroski Realty
MLS data updated 11/1/2026, 7:58:47 AM PT
Source: CRMLS, MLS #: FR26019653
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 22, 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
$377,000Closed sale · May 22, 2026ZIP 94060 · May 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.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.