5164 N Faris Lane, Woodland Hills, CA 91364
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
5164 N Faris Lane,Woodland Hills, CA 91364
$1,799,000
- 1.1 Acres
- Lots / Land
- Active
Listed by: blaine ostrander, kelly bond
Office: redfin corporation877-973-3346
MLS#:BB26090894
Source:CRMLS
Price summary
- Price:$1,799,000
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...
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Home facts
- Listing ID #:BB26090894
- Added:62 day(s) ago
- Updated:June 29, 2026 at 01:44 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:$1,799,000
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