Opening page…
Opening page…
Opening home details…
Set on a sun-filled hillside within the private, gated community of Monterra, this almost 2-acre parcel offers sweeping views of Monterey Bay, the Santa Cruz Mountains, and the surrounding hillsides. A gently sloping drive winds through mature oaks to an expansive open meadow and a generous 0.82-acre building envelope - an inspiring setting for a custom estate. Located just three miles inland, the property enjoys a peaceful, park-like atmosphere and a warmer climate than the immediate coast, while remaining minutes from Carmel, Pebble Beach, renowned golf courses, beaches, dining, wine tasting, hiking and biking trails, Monterey Regional Airport, and Laguna Seca. Underground utilities are available, including water provided by Canada Woods Water Company. The purchase also includes a social membership to Tehama Golf Club, with access to club dining, year-round social events, two pools, tennis and pickleball courts, and fitness facilities. Don't miss this opportunity to bring your vision to life in one of the Monterey Peninsulas most beautiful and sun-filled communities.
Listing agent: Shelly Lynch DRE #01217466 shelly@carmelrealtycompany.com, Listing office: Carmel Realty Company
MLS data updated 10/23/2026, 7:04:24 PM PT
Source: CRMLS, MLS #: ML82055756
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 28, 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
$1,000,000Original asking price · Jul 28, 2026ZIP 93940 · Jul 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.