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Thousand Oaks,CA 91362
Key Details
Property Type Vacant Land
Listing Status Coming Soon
Purchase Type For Sale
Lot Size 4.000 Acres
Property Description
Development Opportunity in Thousand Oaks – 4-Acre Lot with Panoramic Views
Presenting the largest available lot in Thousand Oaks, this expansive 4-acre property consists of two side-by-side lots. The zoning allows for the construction of over 8 units, making it an ideal investment for developers.
Key Highlights:
Lot Size: Approximately 174,240 square feet (4 acres)
Asking Price: $1,600,000
Development Potential: Approved for more than 8 units, with potential exit value of $21,600,000 (8 units at an estimated $2.7 million each).
Existing Renderings: Includes designs for 4 custom homes.
City Approvals: Preliminary meetings with the city completed and all necessary reports for entitlement are available.
Breathtaking Views: The property features terraced lots with a 15-foot height difference, offering 30-mile panoramic views.
This property offers significant upside potential, with all the groundwork for entitlement already underway. Don't miss out on this exceptional investment opportunity!
Location
State CA
County Ventura