25858 Mulholland, Calabasas, CA 91302

Property Description

Tucked away off the street in the luxury enclave of Calabasas, this 9.78-acre vacant land offering sits between Topanga Canyon Road and Las Virgenes Road in a scenic stretch of natural open space. Rolling hills, canyon views, and a backdrop of multimillion-dollar estate homes and ranches create a rare opportunity for investors, developers, or an owner-user to build a private luxury estate in a highly desirable location. Access to the property is provided by a legal easement that runs through two neighboring parcels, originally established by a former owner of all three lots. The current owner has already created a dirt road, installed drainage, and graded a flat pad leading to the parcel in preparation for a new two-story single-family home with a basement and pool (buyers to verify any and all future development with the City of Los Angeles Building & Safety). The seller also holds extensive documentation for the site, including a survey, soils report, and prior building and grading plans and permits. These materials would need to be updated to today’s building codes—or replaced entirely at the buyer’s discretion—and resubmitted to the City of Los Angeles for approval, offering a valuable head start on future development. Set just outside the city yet offering the feeling of being worlds away, this serene development site provides privacy, natural beauty, and tremendous potential. The area features several newer estates, including a brand-new home currently under construction across the street. The two adjacent parcel owners consider selling as well. MASSIVE PRICE REDUCTION! MUST SELL! JUST REDUCED AGAIN $300K!