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Rare Montecito legacy land opportunity. Set on approx. 239 acres above Park Lane, this parcel offers a dramatic hilltop homesite with panoramic ocean, island, mountain, and canyon views. The primary development opportunity centers around a private view site accessed by deeded easement, creating the potential for an extraordinary estate in a setting of exceptional scale and privacy. Much of the surrounding acreage is natural, steep, and traversed by well-known local trail corridors, including the Romero Canyon and Buena Vista trail systems, with the Edison Catway connecting toward Romero and San Ysidro. This creates a compelling dual opportunity: develop a premier Montecito view estate while exploring potential conservation strategies for the balance of the land. A future owner may wish to investigate a conservation easement, partial preservation structure, or partnership with a conservation organization, potentially offsetting capital investment while preserving the property's open-space character. Ideal for a spec builder, end-user builder, conservation-minded buyer, or philanthropic land steward
Listing agent: Jody Neal DRE #01995725 jody.neal@bhhscal.com, Listing office: Berkshire Hathaway HomeServices California Properties
MLS data updated 10/24/2026, 8:06:58 PM PT
Source: CRMLS, MLS #: 26993239
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 25, 2026
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This home · nearest recorded event
$21,350,000Original asking price · Sep 25, 2026ZIP 93108 · Sep 2026
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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.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
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