3900 Marsten Ave, Belmont, CA 94002
- $5,800,000
- List Price
- $5,800,000
- MLS#
- 82028983
- Property Type
- Land
- Lot Size
- 860,310
- Region
- Haskins Estates Etc
- Status
- ACTIVE UNDER CONTRACT
- County
- San Mateo
- Acres
- 19.75
Property 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.
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Additional Information
- Lot Size
- 860,310
- Possession
- Close Of Escrow
- Region
- Haskins Estates Etc
- Zoning
- A00000
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Listing courtesy of KW Advisors.
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.