production 650c road frames for 4'11 woman

[ilima]

Terry's Fast Woman. The Isis has the stupid 24"/700c setup.

Merlin Camena/Litespeed Bella. Probably close to the cost of custom.

Those are the ones I think have the best geometry. A lot of women's bikes have really steep seat tube angles, which means that the reach can end up being fairly long once the saddle is positioned.

The Felt's women's bikes look pretty decent, though.

The smallest size in Orbea's Diva comes with 650 wheels, but I don't think it's quite small enough.

If you do go custom, sweetpea bikes look nice, too.