3900 Marsten Ave Belmont, CA 94002
Belmont Country Club NeighborhoodEstimated payment $44,472/month
Highlights
- 18.4 Acre Lot
- Ralston Intermediate School Rated A
- Lot Has A Rolling Slope
About This Lot
A Rare Bucolic Peninsula Offering! One of the Last Open Parcels for Luxury Development! An extraordinary opportunity to acquire one of the Peninsulas final remaining open tracts of land, an expansive, gently rolling bucolic setting with sweeping natural beauty and unmatched potential. This serene property offers the canvas to create 7, possibly 8, luxury estate homes, each envisioned with ADUs for multi generational living or income potential. Perfect for a family compound, premium investment, or signature development, the site presents exceptional versatility. Part of the acreage was formerly a private residence with a historic horse boarding setup, adding to the property's character, charm, and functional possibilities. The lands natural contours, mature landscape, and peaceful surroundings create a one-of-a-kind environment rarely available on the Peninsula, yet still moments from premier schools, transportation, and city conveniences. A truly unrivaled opportunity to shape a legacy destination in a highly coveted location. Buyer to conduct their own due diligence in determining the lot's buildability and development potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $30,195
Lot Details
- 18.4 Acre Lot
- Lot Has A Rolling Slope
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Additional Features
- Electricity Available at Street
- Horses Potentially Allowed on Property
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,195 | $2,620,026 | $2,499,845 | $120,181 |
| 2023 | $30,195 | $2,518,289 | $2,402,774 | $115,515 |
| 2022 | $28,335 | $2,468,911 | $2,355,661 | $113,250 |
| 2021 | $27,422 | $2,420,502 | $2,309,472 | $111,030 |
| 2020 | $27,186 | $2,395,684 | $2,285,792 | $109,892 |
| 2019 | $26,865 | $2,348,711 | $2,240,973 | $107,738 |
| 2018 | $26,354 | $2,302,659 | $2,197,033 | $105,626 |
| 2017 | $25,997 | $2,257,509 | $2,153,954 | $103,555 |
| 2016 | $25,495 | $2,213,245 | $2,111,720 | $101,525 |
| 2015 | $25,622 | $2,180,000 | $2,080,000 | $100,000 |
| 2014 | $12,677 | $1,044,712 | $888,017 | $156,695 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2025 12/07/25 | For Sale | $7,999,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $2,180,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $750,000 | New Conventional | |
| Previous Owner | $1,090,000 | New Conventional |
Source: MLSListings
MLS Number: ML82028983
APN: 043-072-490
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