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Listed by The Dave Walter Team • Pinnacle Estate Properties, Inc.
$ 7,500,000
Est. payment | /mo
7.36 Acres Lot
$ 7,500,000
Est. payment | /mo
7.36 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225002376
Lot Size 7.360 Acres
Source Conejo Simi Moorpark Association of REALTORS®
Property Description
Introducing a ONCE-in-a-LIFETIME panoramic view development opportunity in the HEART of Thousand Oaks. This is an EXCEEDINGLY RARE, ~7.5-acre parcel poised for residential transformation. Situated off the premier VIEW streets of Calle Hondanada & Calle Artigas, this expansive property offers sweeping PANORAMIC views that will grace EVERY future home built on the site. In a city where available land is virtually NONEXISTENT, this kind of offering is UNHEARD of as Thousand Oaks is almost COMPLETELY built-out, making this one of the LAST multi-home buildable plots remaining. The City mandates a MINIMUM of 14 homes to be constructed on this lot, presenting a lucrative opportunity for developers to create a premium enclave of view-oriented residences. Make the lot even more lucrative and build 14 homes + 14 townhomes for a total of 28 residences - an INCREDIBLY stellar opportunity worth the research & consideration! Or, come up with a better plan and submit to the City for approvals. The ROI & income potential is IMMENSE from this extraordinarily RARE opportunity!
Location
State CA
County Ventura
Area Toe - Thousand Oaks East
Exterior
View Y/N Yes
View Any View, City View, Hills View, Mountain View
Building
Lot Description Lot Shape-Irregular, Raw Land
Sewer Public Sewer
Others
Virtual Tour https://drive.google.com/file/d/1vejxIzEbMHRyQecrJ9GFEI40oqTNVVNx/view?usp=drivesdk