Millman Team Real Estate

$12,000,000
100.57 Acre Lot

Belmont, CA 94002

  • Land Property Type
Property Description

A rare opportunity to acquire one of the largest remaining residential development land holdings on the San Francisco Peninsula. The property consists of approximately 100.57 gross acres situated within the City of Belmont and designated HRO-3 (Hillside Residential/Open Space) zoning. The site has been the subject of extensive engineering and planning studies, including development concepts prepared by BKF Engineers identifying two primary clustered residential development areas. The property offers the potential for a phased residential community while preserving significant permanent open space consistent with Belmont hillside development policies. The assemblage is comprised of eight parcels and benefits from proximity to established residential neighborhoods, top-rated schools, Highway 92, Interstate 280, and major Silicon Valley employment centers. Historical planning efforts and engineering studies indicate the potential for a clustered Development, subject to updated engineering, environmental review, and City approvals. The property’s elevated setting offers the opportunity for premium view-oriented homesites, significant open space amenities, and a unique master-planned residential community within one of the Bay Area’s most supply-constrained housing markets.

Basic Details
Land
For Sale
ML82050896
$12,000,000
Bay,Bridge(s),City Lights,Park/Greenbelt,Mountain(s)
100.57 Acre
Active
Features
: Chain Link, Partial
: Public Sewer, Other
$0
Address Map
CA
San Mateo
Belmont
94002
699 - Not Defined
HRO-3
Neighborhood
Carlmont
Other
Other
Additional Information
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$0
$0
$0
$0
: Recreational
2026-06-12
https://www.youtube.com/watch?v=QAZRlYGdOec
: Public
Broker/Agent Information
Coldwell Banker Realty
Cameron Jeffs
Listing Information
Christine Cook
ML5076431
ML37156
Coldwell Banker Realty
ML5080972
ML38692
Active
2026-06-12T21:54:55Z
CRMLS
: Standard
2026-06-12T07:38:19Z
Agent info
Ray Millman
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