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This is the property, location and floor plan so many buyers have been waiting for--an exceptional opportunity in desirable Las Posas Estates. Set on a spacious, maturely landscaped lot, this diamond in the rough offers tremendous potential for the buyer with the vision and resources to restore and reimagine it. The home features dramatic vaulted wood-beamed ceilings, a striking central fireplace, generous living and dining areas, abundant natural light and French doors opening to the expansive rear grounds. Tax records indicate three bedrooms; the existing floor plan includes four rooms currently used as bedrooms, plus an additional room offering potential as an office. The property also includes an attached two-car garage and a detached garage/storage building. The large rear yard features a pool and spa, patios, garden areas and ample room to create a spectacular private retreat. This property requires substantial renovation. Known concerns include plumbing and electrical issues, nonfunctioning or potentially nonfunctioning kitchen appliances, and a pool and spa requiring repair. Buyers should conduct thorough inspections and independently verify the condition, permitted use, bedroom count and square footage of all structures. The property is being sold strictly in its present 'AS IS' condition. Seller will make no repairs and will not provide credits or price reductions for repairs. A rare opportunity to transform a distinctive Las Posas Estates property into something truly extraordinary.
Listing agent: Rosemary Allison DRE #00545184 rosemaryallison@aol.com, Listing office: Coldwell Banker Realty
MLS data updated 10/16/2026, 9:46:35 PM PT
Source: CRMLS, MLS #: V1-38035
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 6, 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
$1,379,000Original asking price · Aug 6, 2026ZIP 93010 · 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.