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Listed by KW Advisors
$ 5,800,000
Est. payment /mo
Active
3900 Marsten Avenue Belmont, CA 94002
860,310 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 860,310 sqft
Price per Sqft $6
MLS Listing ID ML82028983
HOA Y/N No
Lot Size 19.750 Acres
Property Sub-Type Unimproved Land
Source Datashare MLSListings
Property Description
*NEW PRICE* 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. 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 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.
Location
State CA
County San Mateo
Interior
Fireplace No
Building
Lot Description Horses Possible, Rolling Slope
Schools
School District Sequoia Union High, Belmont-Redwood Shores Elementary