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Rare Peninsula Land Opportunity
For Sale
$7,999,999

3900 Marsten Avenue, Belmont, CA 94002

19.75 acres for luxury development in Belmont, CA

Property SizeContact for details
Lot Size19.75 Acres
Days on Market279

Property Features for 3900 Marsten Avenue

General Information

Standard status Active
Lot size 19.75 Acres
Property subtype LOTS AND LAND / Lots and Land

Amenities

No, No
https://www.3900marstenave.com/
Listing Agency: Better Homes and Gardens Real Estate JFF
Listed By: Debbie Wong · License #01074881
Source: Compass
Added: Dec 7, 2025 Changed: Sep 8 Last Checked: Sep 12 at 10:38AM

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 Better Homes and Gardens Real Estate JFF

Investment Insights

Based on property information with market context.

This 19.75-acre property in Belmont, California, presents a rare opportunity for potential luxury development. The land may offer the possibility to create 7 to 8 parcels, each envisioned for a luxury estate home with an additional dwelling unit (ADU). Subject to buyer qualification under California Senate Bill 9 (SB9), a parcel could potentially accommodate two luxury estate homes plus ADUs. The property could lend itself to a range of uses, including multi-generational living, income opportunity, a family compound, a private gated community, a premium investment, or a signature development, all subject to buyer investigation and City and County Building Division approval. Part of the acreage was formerly used as a farmhouse with horse stalls and a corral. The land's natural contours, mature landscape, and peaceful surroundings create a unique environment. The location is within minutes of schools, transportation, San Francisco, Silicon Valley, and modern conveniences. The property has a bike score of 7, indicating it is somewhat bikeable, a walk score of 44, indicating car dependence, and a transit score of 0, indicating no nearby transit.

Key Highlights

  • Large 19.75‑acre parcel in a desirable peninsula location.
  • Potential for luxury estate home development (7‑8 parcels, subject to verification).
  • Possible SB9 development opportunity (2 homes + ADUs on a parcel, subject to verification).

Property Analytics

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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

104
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 19.75 acres for luxury development in Belmont, CA
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 $7,999,999.
What are key features of this property?
This property features: Large 19.75‑acre parcel in a desirable peninsula location.; Potential for luxury estate home development (7‑8 parcels, subject to verification).; Possible SB9 development opportunity (2 homes + ADUs on a parcel, subject to verification).
More about this property
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