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5164 N Faris Lane, Woodland Hills, CA 91364

$1,799,000 Approx. USD 0 beds, 0 baths

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Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660 949-644-6200

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Listing Agent

Blaine Ostrander | blaine.ostrander@redfin.com
Lic#: 01178207
Broker: Courtesy of Redfin Corporation
Phone: 877-973-3346

Co Listing Agent

Kelly Bond | Kelly.BondOstrander@redfin.com
Lic#: 01927275
Broker: Courtesy of Redfin Corporation
Phone: (805) 795-3386

Agent Remarks

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

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# BB26090894

List price is $1,799,000 Reduced by $1,901,000 on 5/23/2026

Price: $1,799,000

HOA Fee is $0.00

Beds: 0

Baths: 0

1.10 acres

Lot size: 1.1000

County: Los Angeles

Zoning: LAR1

Lot description: Back Yard,Front Yard

MLS area: WHLL - Woodland Hills

Last Updated: 6/9/2026

Days On Market (DOM): 60

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This listing belongs to the WHLL - Woodland Hills MLS area

Lat/Long: 34.164067, -118.620619.
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© 2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
Lic#: 01317331