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3900 Marsten Ave 19.75 Acres of Residential Land Offered at $7,999,999 in Belmont, CA 94002
Investment Highlights
- Rare 19.25 Acre Parcel in Highly Sought After City of Belmont
- Potential for 7-8 individual lots with a Luxury home and ADU on each lot.
- Seller Financing Available with 20-25% Down
Executive Summary
RARE Peninsula Offering! One of the Last Open Parcels for Possible Luxury Development! Extraordinary opportunity to acquire last remaining open tract of land! Bucolic setting, sweeping natural beauty, unmatched future potential. This serene property of approximately 19.75 acres may offer the possibility to create 7 to 8 parcels, each envisioned for a luxury estate home+ ADU. Additionally, if Buyer chooses 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 natural contours, 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
Property Facts
| Price | $7,999,999 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.75 AC |
| Property Type | Land | ||
| Zoning | HR01 - Hillside Res. & Open Space, Unsubdivided | ||
| Price | $7,999,999 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 19.75 AC |
| Zoning | HR01 - Hillside Res. & Open Space, Unsubdivided |
1 Lot Available
Lot
| Price | $7,999,999 | Lot Size | 19.75 AC |
| Price Per AC | $405,063.24 |
| Price | $7,999,999 |
| Price Per AC | $405,063.24 |
| Lot Size | 19.75 AC |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $120,181 | |
| Land Assessment | $3,109,150 | Total Assessment | $3,229,331 |
Property Taxes
Parcel Numbers
Land Assessment
$3,109,150
Improvements Assessment
$120,181
Total Assessment
$3,229,331
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3900 Marsten Ave
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