Skip to main content

Millman Team Real Estate

$5,800,000
19.75 Acre Lot

3900 Marsten Avenue, Belmont, California 94002

  • Land Property Type
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.

Basic Details
Land
For Sale
ML82028983
$5,800,000
19.75 Acre
Active Under Contract
Features
: None
: Public Sewer
$0
Address Map
CA
San Mateo
Belmont
94002
Marsten
3900
Avenue
W123° 40' 38.7''
N37° 30' 50.9''
From Ralston, turn onto Christian, then immediate right onto Ralston Ranch Road, park at the cul de sac on your left. (See the 2nd photo) Marsten Ave starts here. The dirt road/path goes thru the tract. Do not drive the road as this is private property.
699 - Not Defined
A00000
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: Rolling Slope
2025-12-07
7999999
https://www.3900marstenave.com/
: Other
Broker/Agent Information
KW Advisors
Wong Real Estate Grp
Listing Information
ML5095527
ML86691
Active Under Contract
2026-07-30T08:07:28Z
CRMLS
: Standard
2026-05-05T17:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us