About This Home

This land at 3900 Marsten Avenue in Belmont, CA is listed for $5,800,000 (19.75 acres).

Key Features

  • 19.75 acre lot
Listing Description

*NEW PRICE* RARE Peninsula Offering! One of the Last Open Parcels for Possible Luxury Development! Extraordinary opportunity to acquire lone of the last remaining open tract of land! Bucolic setting, sweeping natural beauty, unmatched future potential.

Per the Seller, this property of approx. 19.75 acres may offer the possibility to create 6 to 8 parcels, each envisioned for a luxury estate home+ ADU. Buyer can choose to pursue and qualify under Cal. SB9, a parcel could potentially accommodate 2luxury estate homes + ADUs.

*No development potential has been verified. This special property could lend itself to a range of uses: multi-generational living, income opportunity, a family compound, private gated community, premium investment, or signature development, all subject to Buyer investigation & City & County Building Division approval.

Part of the acreage was formerly used as a farmhouse with horse stalls & corral, enhancing the property's character & versatility. The lands mature landscape, peaceful surroundings create an environment seldom available! Minutes to premier schools, transportation, SF/Silicon Valley, modern conveniences. A highly coveted location! Buyer must conduct their due diligence regarding buildability, development feasibility, allowable uses & lot size.

Location

3900 Marsten Avenue

Belmont, CA 94002

Questions & Answers

This 0-bedroom, 0-bathroom land at 3900 Marsten Avenue is listed at $5,800,000. The estimated monthly payment is $31,020 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 19.75 acre lot.

This property is listed by Wong Real Estate Grp.

WG

Wong Real Estate Grp

License 70010239

Agent at Keller Williams Peninsula Estates

Listed by Keller Williams Peninsula Estates · Broker phone: (650) 627-3700 · View on Broker Site · Broker website

MLS# ML82028983· Source: MLS Listings, Inc.· 328 days on PropertySimple

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3900 Marsten Avenue, Belmont, CA 94002

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