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Peninsula Land for Luxury Estates
For Sale
$5,800,000
Pending

3900 Marsten Avenue, Belmont, CA 94002

Large peninsula parcel potentially suited for luxury estate and ADU subdivision, subject to approvals.

Property SizeContact for details
Lot Size19.75 Acres
Days on Market245

Property Features for 3900 Marsten Avenue

General Information

Standard status Pending
Lot size 19.75 Acres
Property subtype Lots/Land
Listing Agency: KW Advisors
Listed By: Wong Real Estate Grp · License #70010239
Source: Exitrealty
Added: Dec 7, 2025 Changed: Aug 8 Last Checked: Aug 8 at 8:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Advisors

Investment Insights

Based on property information with market context.

This for-sale land offering totals approximately 19.75 acres and presents a peninsula-style opportunity for a buyer exploring residential development. Per the seller, the tract may be able to support a subdivision into roughly 6 to 8 parcels, with each parcel envisioned for a luxury estate home plus an ADU. The seller also notes potential qualification under Cal. SB9, where a parcel could accommodate 2 luxury estate homes with ADUs, subject to the buyer meeting applicable requirements. No development potential has been verified, and the buyer must confirm buildability, feasibility, allowable uses, and lot size through City and County Building Division approval.

The property includes areas that were formerly used as a farmhouse site, along with horse stalls and a corral, adding character and existing site history to the acreage. A mature landscape and peaceful surroundings are part of the overall setting, while the buyer also benefits from proximity to schools and transportation, with access to the SF/Silicon Valley region and nearby conveniences.

For buyers and developers, the site’s flexible possibilities may support concepts such as multi-generational living, income-producing arrangements, a family compound, a private gated community, or a signature development plan. Any specific end use, parcel configuration, and project design will be subject to buyer due diligence and local approvals.

Key Highlights

  • Approx. 19.75‑acre peninsula parcel potentially suited for luxury estate and ADU subdivision, subject to City/County approvals
  • Per the seller, the property may be able to create 6 to 8 parcels for luxury estate homes with ADUs
  • Per the seller, buyers may be able to qualify under Cal. SB9; a parcel could potentially accommodate 2 luxury estate homes plus ADUs

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 94002, CA

28,513
Population
11,307
Households
2.5
Avg Household Size
40
Median Age
69%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
5,092
Density / Sq Mi
$204,573
Median Household Income
$120,322
Median Earnings
$2,889
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large peninsula parcel potentially suited for luxury estate and ADU subdivision, subject to approvals.
Where is this residential land & home lot located?
The property is located at 3900 Marsten Avenue Belmont, CA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Approx. 19.75‑acre peninsula parcel potentially suited for luxury estate and ADU subdivision, subject to City/County approvals; Per the seller, the property may be able to create 6 to 8 parcels for luxury estate homes with ADUs; Per the seller, buyers may be able to qualify under Cal. SB9; a parcel could potentially accommodate 2 luxury estate homes plus ADUs
More about this property
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