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Residential Land for Sale in Woodland Hills, California

5164 N Faris Ln, Woodland Hills, CA 91364

$1,550,000
1.1 acres
Active sale
$49k drop
Est $11,804/mo

FOUR BUILDABLE LOTS | FOUR APNs | TWO ACQUISITION OPTIONS | INFRASTRUCTURE IN PLACE Rare Woodland Hills development opportunity offering four buildable residential lots with four separate APNs in a private, view-oriented setting south of Ventura Blvd, near Calabasas and Hidden Hills. $1,350,000 without approved plans | $1,550,000 with approved plans. Significant development work has already been completed, including the lot split? with four separate APNs?, water, electric vault, gas and a new fire hydrant at Faris Lane and Crespi Street. Existing architectural and development work is also available with the $1.55M option. OPTION ONE - $1,350,000: Acquire all four lots with completed infrastructure and create your own architectural vision and development strategy. OPTION TWO - $1,550,000: Acquire all four lots with the existing approved plans and development work, providing a more advanced starting point for construction. Potential strategies include building and selling, phased development, long-term investment, or creating a private multi-generational compound. An uncommon opportunity to acquire four separately identified buildable lots together while retaining flexibility over the ultimate development vision. Buyer to independently verify, APNs, utilities, lot status, development potential, costs, measurements and governmental requirements. Approved plans are not necessarily building permits or RTI. Development is subject to applicable state, county and local governmental approvals and requirements.

Location

Street address
5164 N Faris Ln
Zip code
91364
Community
WHLL - Woodland Hills
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, Valley
Features
Back Yard, Front Yard

Structure

Water
Public

Listing history

DateEventPriceChangeSource
Oct 3, 2026Price drop$1,550,000$49,000 -3.1%MRMLS
Sept 10, 2026Price drop$1,599,000$200,000 -11.1%MRMLS
May 23, 2026Price drop$1,799,000$1,901,000 -51.4%MRMLS
Apr 28, 2026New listing$3,700,000—MRMLS
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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 $1,550,000 — $1,409,091 per acre.

Listed by Redfin, (949) 294-6186

Checked 1 hour agoUpdated

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