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$1,799,000
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Property Description
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
Full Property Details
Full Property Details for 5164 N Faris Ln
General
- Price: $1,799,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: BB26090894
- Updated: 8/7/2026
- Days on Market: 106 days
- Added to Site: 107 day(s) ago
Location
- Area: WHLL - Woodland Hills
- County: Los Angeles
- Development Name: WHLL - Woodland Hills
- Driving Directions: Near Avenue San Luis and Crespi
- Dist. to Beach: On Site (Miles)
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: On Site
Lot Features
- Property View: Mountain(s), Trees/Woods, City Lights, Valley, Panoramic
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
- Lot Size Source: Estimated
- Zoning: LAR1
- Lot Description: Street Lights, Sidewalks
Financial Considerations
- Price Per Sq. Ft.: $37.54
Listed by Redfin Corporation, Blaine Ostrander
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Schools
Schools serving 5164 N Faris Ln
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Calabash Charter Academy 23055 Eugene St., Los Angeles, CA 91364 | K-5 | 0.7 mi |
George Ellery Hale Charter Academy 23830 Califa St., Los Angeles, CA 91367 | 6-8 | 1.7 mi |
El Camino Real Senior High School 5440 Valley Circle Boulevard, Los Angeles, CA 91367 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5164 N Faris Ln
Date
Details
Price
Change
Source
5/22/2026
Price Reduced
$1,799,000
-48.6%
MLS
4/27/2026
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5164 N Faris Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,919
4%
$787,826
4%
2023
$9,565
5%
$757,235
2%
2022
$9,128
1%
$742,388
2%
2021
$9,010
-1%
$727,833
1%
2020
$9,098
4%
$720,371
2%
2019
$8,746
2%
$706,247
2%
2018
$8,583
—
$692,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5164 N Faris Ln
5164 N Faris Lane, Woodland Hills, CA 91364 (MLS# BB26090894) is a Lots/Land property with a lot size of 1.1000 acres. 5164 N Faris Lane is currently listed for $1,799,000 and was received on April 27, 2026. Want to learn more about 5164 N Faris Lane? Do you have questions about finding other Lots/Land real estate for sale in Woodland Hills? You can browse all Woodland Hills real estate or contact a Coldwell Banker agent to request more information.

