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Prime Valley Village development opportunity situated on an expansive 19,201 SF LAR1-zoned lot, surrounded by beautiful multi-million-dollar homes. Currently featuring a 3-bedroom, 3-bathroom residence, this property offers endless possibilities to remodel the existing home or tear it down and build your own custom luxury mansion. As an added advantage, the seller is willing to provide RTI (Ready-to-Issue) plans for a new 6,000 SF home, with permits not yet paid for, offering a head start on creating your dream residence. With its generous lot size, the property also presents significant potential for redevelopment or subdivision. Nestled in one of the Valley's most desirable neighborhoods, this rare opportunity is ideal for homeowners, developers, and investors alike. Conveniently located near houses of worship, the new NoHo shopping center, popular dining destinations, shopping, and major transportation corridors. Whether you envision a beautifully remodeled residence or a magnificent custom-built estate, this exceptional property offers the space, location, and potential to bring your vision to life!
Listing agent: Shelly Mashiach DRE #01916382 shelly@mygoodbroker.com, Listing office: MGB Realty Group
MLS data updated 10/16/2026, 7:06:22 PM PT
Source: CRMLS, MLS #: 26999625
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 11, 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
$3,400,000Original asking price · Oct 11, 2026ZIP 91607 · 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.