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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.
Property Type(s):
Single Family
| Last Updated | 10/21/2026 | Year Built | 1952 |
|---|---|---|---|
| Community | WHLL - Woodland Hills | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Oven, Gas Range |
| AREA | WHLL - Woodland Hills |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Fireplace(s) |
| INTERIOR | Beamed Ceilings, Cathedral Ceiling(s), Eat-in Kitchen, Open Floorplan, Tile Counters, Track Lighting |
| LOT | 0.437 acre(s) |
| LOT DESCRIPTION | Back Yard, Corner Lot, Front Yard |
| LOT DIMENSIONS | 19036 |
| PARKING | Attached, Concrete, Direct Access, Driveway, Garage, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with The Agency
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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