$99,000
Now is your opportunity to develop your dream luxury estate in the highly coveted hills of Sherman Oaks. This prime vacant parcel is nestled on a quiet, tree-lined paper street on Newcomb Drive, surrounded by multi-million-dollar homes and ongoing new construction, placing you in one of Los Angeles' most desirable neighborhoods. Spanning over 6,000 square feet with R-1 zoning, this expansive lot offers breathtaking panoramic views of both the San Fernando Valley and the surrounding mountains an exceptional backdrop for a custom-built residence. The paved road currently extends to within approximately 300 feet of the property, with continued development underway nearby, further enhancing accessibility and long-term value. This parcel is one of the last remaining buildable lots in the area, presenting a rare and lucrative opportunity for end users and investors alike. While utilities are not currently connected on-site, they are available in close proximity to neighboring developed properties. Centrally located, the property is just minutes from Ventura Boulevard's renowned dining, shopping, and entertainment, and offers convenient access to Beverly Hills, Burbank Airport, Santa Monica, and Downtown Los Angeles. It is also near some of the area's most prestigious schools. With its unmatched views, premier location, and strong development potential, this is a rare opportunity to create a one-of-a-kind luxury estate in the heart of Sherman Oaks. Don't miss your chance to secure a standout piece of land in one of Los Angeles' most sought-after hillside communities.
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Listed by Victoria Aguilar with Nelson Shelton & Associates (310) 271-2229
Property Type
Land
Status
Active
MLS Number
26667069
Year Built
N/A
Lot Size
6,072 sq ft