Belmont is a wonderful, residential community with a quiet, rural feel. Most of the streets do not have sidewalks, and since much of the town is built amidst the hills, many homes offer extraordinary views of the Peninsula. Belmont boasts beautiful parks, homes and retail stores. The town’s heritage harks back to William Ralston, the founder of the Bank of California and builder of the Palace Hotel in San Francisco. Ralston built his masterful summer residence, Ralston Hall, at the current site of Notre Dame University.