Five College Center for East Asian Studies Study Tours Website
"This well is associated with the legend of Parkhyeoggeose's birth, the founder of the Silla. It is called Najeong. Before the Silla Kingdom, Gyeongju was Jinhan's territory and it was divided into six and governed by six heads of the villages. One of the six heads, Sobeoldorigong, the head of Gohu village, one day spotted a white horse kneeling down and crying beside the well at the foot of Mt Yangsan. As he approached closer the scene, he noticed a big egg giving out brilliant light. When a baby boy was born out of the egg, he deemed the boy as one sent by heaven and raised him with care. He gave the boy the last name Park (which has the same pronunciation as the Chinese word for 'gourd'), because the boy was hatched from an egg that looked like a gourd. He gave him the name Hyeokgeose with the hope that the boy would make the world splendid. On his 13th year, that is B.C. 57, the boy Hyeokgeose founded Seorabeol and became king. The stone monument standing here was made in the 2nd year of King Sunjo (1802) to commemorate King Parkhyeoggeose." (Cyber Tour Into Cultural Property Website)
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Cyber Tour of the Najeong Well (Not the same place though???)