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Land for Sale in Woodland Hills, California

5164 N Faris Ln, Woodland Hills, CA 91364

$1,799,000
1.1 acres
Active sale
$1.9m drop
Est $13,166/mo

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

Location

Street address
5164 N Faris Ln
Zip code
91364
Elevation
972 feet
Coordinates
34.164, -118.6207

Directions

Near Avenue San Luis and Crespi

Property details

Acreage
1.1 acres47,916 sq ft
Zoning
LAR1
MLS #
MRMLS BB26090894
Posted

Parcels

  • 2075012061

Details and features

Listing

Type
Land

Lot

View
City, Mountain, Panorama, Valley

Exterior

Features
Community Features Included: Street Lights, Sidewalks

Listing history

DateEventPriceChangeSource
May 23, 2026Price drop$1,799,000$1,901,000 -51.4%MRMLS
Apr 28, 2026New listing$3,700,000MRMLS
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This 1.1-acre property is located at 5164 N Faris Ln in Woodland Hills, CA 91364. The land is available for sale, priced at $1,799,000 — $1,635,455 per acre.

Listed by Redfin, (949) 294-6186

Checked 1 hour agoUpdated Source

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