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Lot/land
  • Listed by: Redfin Corporation • Blaine Ostrander • 877-973-3346
    Price cut: $1.9M (5/23)
    $1,799,000

    5164 N Faris Ln #C, Woodland Hills, CA 91364

    --beds
    --baths
    1.1Acres
    Unimproved Land
    Built in ----
    1.1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private compoundSubdivided lots
    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
    116 days
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    104
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Blaine Ostrander DRE #01178207 877-973-3346,

    Redfin Corporation

    Source: CRMLS,MLS#: BB26090894MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: City Lights, Mountain(s), Panoramic, Valley, Trees/Woods
      Lot
      • Size: 1.1 Acres
      • Features: Back Yard, Front Yard
      Details
      • Additional parcels included: 2075012059, 2075012060, 075012064, 2075012065
      • Parcel number: 2075012061
      • Zoning: LAR1
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      Location
      • Region: Woodland Hills

      Financial & listing details

      • Date on market: 4/27/2026
      • Cumulative days on market: 116 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Owner Will Carry
      • Inclusions: To Be Determined
      • Exclusions: To Be Determined

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/23/2026Price change$1,799,000-51.4%
        Source: CRMLS #BB26090894 Report a problem
        4/28/2026Listed for sale$3,700,000
        Source: CRMLS #BB26090894 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Woodland Hills

        Getting around

        60 / 100
        Somewhat Walkable
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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