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Welcome to this two-story Cape Cod traditional, perfectly situated in the heart of Lake Balboa. With tons of square footage for the money, this home represents an incredible value proposition for buyers seeking space, versatility, and future potential. Inside, the main level features original hardwood floors, two bedrooms plus an office, and a layout that balances everyday living and entertaining. The living room and family room offer distinct spaces for relaxing and gathering, each filled with beautiful natural light. Upstairs, you’ll find two additional bedrooms and a full bath, along with a bonus space cleverly carved out of the attic — ideal for a playroom, studio, or extra storage. Outside, the backyard steals the show with a sparkling pool, lush grassy area, and a multi-use zone perfect for basketball, outdoor dining, or barbecues. The corner location at Covello and Paso Robles offers added privacy and convenience, with the garage accessed from Covello — a layout that’s perfect for an ADU conversion. Move right in and enjoy the home as is, or make thoughtful updates over time to truly make it your own. For those seeking a large family home with ADU potential and a generous backyard, this is one you don’t want to miss.
Listing agent: Dana Frank DRE #01386144 Dana@DanaFrankHomes.com, Listing office: Rodeo Realty
MLS data updated 11/2/2026, 2:44:45 PM PT
Source: CRMLS, MLS #: SR25161457
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 26, 2025
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
$960,000Closed sale · Dec 26, 2025ZIP 91406 · Dec 2025
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.