Rare development opportunity in the heart of Walnut Acres! Situated on an expansive, nearly half-acre flat corner lot spanning over 19,000 square feet, this exceptional property offers incredible possibilities for builders, developers, and end users looking to create something special in one of Woodland Hills' most desirable neighborhoods. With its generous dimensions, flat topography, and prime corner location, the property presents an outstanding opportunity to build a spectacular custom estate with a resort-style backyard, swimming pool, guest house, and ADU, or explore the potential for multiple residences under California's SB 9 housing law, subject to eligibility and city approval. The existing 1952 residence and detached two-car garage provide a starting point for a complete transformation or an entirely new vision. Architectural plans for a new custom home will be available shortly and may be provided to interested buyers. Surrounded by impressive new construction and beautifully renovated estates, Walnut Acres continues to attract homeowners and developers seeking larger parcels and luxury residential opportunities. Adding to the area's appeal is the exciting transformation of nearby Warner Center, including the Los Angeles Rams' headquarters and the proposed 52-acre Rams Village development, featuring new dining, shopping, entertainment venues, parks, and public gathering spaces. Conveniently located near Walnut Acres Elementary and Woodlake Elementary Community Charter, neighborhood parks, shopping, dining, and everything Woodland Hills has to offer. Whether you're looking to build your dream estate or explore a multi-home development, opportunities with this much flat land in Walnut Acres are increasingly rare. Buyer to independently verify zoning, SB 9 eligibility, subdivision potential, ADU allowances, permits, and all development possibilities with the appropriate authorities.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/26 9:21 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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