5164 N Faris Lane, Woodland Hills, CA 91364
Local realty services provided by:ERA North Orange County Real Estate
5164 N Faris Lane,Woodland Hills, CA 91364
$1,550,000
- 1.1 Acres
- Lots / Land
- Active
Listed by: blaine ostrander
Office: redfin corporation877-973-3346
MLS#:BB26090894
Source:CRMLS
Price summary
- Price:$1,550,000
About this home
FOUR BUILDABLE VIEW LOTS | FOUR APNs | TWO ACQUISITION OPTIONS
Rare Woodland Hills development opportunity offering four buildable residential lots with four separate APNs in a private, view-oriented setting south of Ventura Blvd, near Calabasas and Hidden Hills. $1,350,000 without approved plans | $1,550,000 with approved plans.
Significant development work has already been completed, including the lot split? with four separate APNs, water, electric vault, gas and a new fire hydrant at Faris Lane and Crespi Street.
Existing architectural and development work is also available with the $1.55M option.
OPTION ONE — $1,350,000: Acquire all four lots with completed infrastructure and create your own architectural vision and development strategy.
OPTION TWO — $1,550,000: Acquire all four lots with the existing approved plans and development work, providing a more advanced starting point for construction.
Potential strategies include building and selling, phased development, long-term investment, or creating a private multi-generational compound. An uncommon opportunity to acquire four separately identified buildable lots together while retaining flexibility over the ultimate development vision.
Buyer to independently verify, APNs, utilities, lot status, development potential, costs, measurements and governmental requirements. Approved plans are not necessarily building permits or RTI. Development is subject to applicable state, county and local governmental approvals and requirements....
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Home facts
- Listing ID #:BB26090894
- Added:198 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Structure and exterior
- Lot area:1.1 Acres
- Lot Features:Back Yard, Front Yard
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
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