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$2,495,000
Est. payment /mo
0.71 Acres Lot
UPDATED:
02/15/2025 01:15 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25494571
HOA Y/N No
Lot Size 0.713 Acres
Property Description
An exceptional investment opportunity to develop an exclusive community "Faris Lane Estates" on the highly coveted south side of the Boulevard in Woodland Hills. This prime project is ready to bring to life four stunning, privately gated two-story homes, each showcasing breathtaking panoramic views of the valley. Two of the homes include a 300 sq. ft. ADU, and one of them the 4064 sqft home has a 538 sqft ADU included, thoughtfully designed with expansive rooftop decks perfect for relaxation, entertainment, and capturing the stunning skyline. Each residence is optimized for solar panel integration, ensuring energy efficiency and sustainability. With four RTI-permitted parcels, meticulously designed to maximize the surrounding mountain, valley, and cityscape views, this is a truly turn-key development opportunity. Offering immense investment potential and significant returns, Faris Lane Estates is a rare chance to create a premier residential enclave in one of Woodland Hills' desirable locations. 5154 FARIS LANE | APN 2075-012-059 | LOT 6,505.40 | HOME 2,923.00 | ROOF DECK & 300 SQ.FT. ADU GATED PRIVATE STREET INCLUDED 5158 FARIS LANE | APN 2075-012-060 | LOT 6,454.50 | HOME 2,891.00 | ROOF DECK & 300 SQ.FT. ADU GATED PRIVATE STREET INCLUDED 5165 FARIS LANE | APN 2075-012-065 | LOT 7,029.50 | HOME 3,128.00 | GATED PRIVATE STREET INCLUDED ALL of the HOMES Have A VIEW 22716 AVENUE SAN LUIS | APN 2075-012-064 | LOT 11,059.60 | 4,064.00 | 538.00 SQ.FT. ADU GATED DRIVEWAY INCLUDED . TOTAL OF 31,000 SQUARE FEET LOT
Location
State CA
County Los Angeles
Area Whll - Woodland Hills
Zoning LAR1
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights, Canyon, Hills, Mountain(s), Valley
Building
New Construction No
Others
Senior Community No
Tax ID 2075012059
Special Listing Condition Standard
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Listed by Kommerina De Jong • Christie's International Real Estate SoCal