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Woodland Hills, CA

$1,799,000

5164 N Faris Lane, Woodland Hills, CA
42
Days listed

About this home

A fully prepped residential estate portfolio on just over one acre in a premier location minutes from Calabasas and Hidden Hills. Prime Location – Minutes to Calabasas & Hidden Hills; high-demand luxury market. Build-Ready – Subdivided lots, utilities, water meters, a fire hydrant, and plans. Scale Opportunity – Four New homes + ADUs in 3 of the 4 new homes. Multiple Exit Strategies Build & sell, Hold for rental portfolio Hybrid (sell + retain) Private compound. Time = Money Saved – Entitlements and infrastructure reduce months of prep. Modern Demand Fit – Designed for multi-gen living + flexible income streams. Seller Financing – Potential leverage advantage. Rare + Location + Entitlements + Flexibility + Scale = High-Upside Development WORK Completed: lots assigned individual APNs and addresses, Architectural plans for each new home, Architectural Plans, Water lines to each lot, Water meters for each lot, Electric vault and conduits to each lot and Gas lines to each lot. LOTS ARE A,B,D and E. (Lot C is excluded). Faris Lane Infastructure Cost' $417,000 invested Cost to install the electric vault and electric pipes for each lot =  $18kCost to install the gas lines and meters for each lot = $9k Cost for building plans = $220kCost to divide lots = $125kCost for new power pole & new fire hydrant = $21kCost for new water connections to each lot and new meters for lots = $24k

Facts & features

Exterior & lot
Lot size
1.1 acres (47,916 sq ft)
View
City Lights, Mountains, Panoramic, Valley, Trees Woods
Community
Area
WHLL - Woodland Hills
County
Los Angeles
Community features
Street Lights, Sidewalks
Listing details
Status
Active
Property type
Land
Days on market
42
Listed
2026-02-02
Original price
$3,700,000
Terms
Cash, Cash To New Loan, Conventional, Owner Will Carry
Parcel #
2075012061
MLS #
BB26090894
Listed by
Blaine Ostrander · Redfin Corporation

Location

Price history

Listed
$3,700,000 · 2026-02-02
Price reduced
$1,799,000 (−$1,901,000)
Days on market
42
Current price
$1,799,000
Financing

Could this home be yours?

Estimated monthly payment
$11,286
$9,097 principal & interest · $2,189 taxes & insurance
$359,800
Estimate only
Loan $1,439,200

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Listing data provided by CRMLS

Listing courtesy of Redfin Corporation. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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5164 N Faris Lane, Woodland Hills, CA — $1,799,000 | Your Agent