Browse All Tarzana CA Land for Sale

Rare opportunity to acquire an approximately 20,035 SF private flag lot in one of Tarzana’s most desirable hillside neighborhoods, offering exceptional privacy and panoramic Valley views. The property is being created through a pending SB 9 subdivision, with the Final Parcel Map currently in the process of recordation. The Seller has invested significant time and expense evaluating the development potential of the property and has prepared a comprehensive Offering Memorandum containing a preliminary development study, conceptual photorealistic renderings, topographic survey, financial opportunity analysis, parcel map information, and other property data. The conceptual renderings illustrate the potential for an approximately 4,000 SF contemporary luxury residence with an ADU, infinity-edge pool, expansive indoor-outdoor living spaces, and breathtaking Valley views (subject to Buyer verification and governmental approvals). The development concept has been thoughtfully prepared to take advantage of the site’s topography, privacy, and exceptional view corridor. Ideal for a luxury home builder, developer, investor, or owner-user seeking to create a signature hillside estate in a premier Tarzana location. The comprehensive Offering Memorandum is available upon request. Buyer to independently verify all information regarding lot size, subdivision status, zoning, development potential, utilities, easements, grading requirements, permits, and governmental approvals.

5500 Melvin, Tarzana

$840,000

SR26127890 MLS

Here is a rare opportunity to build your dream home! This lot is situated among custom built multi-million dollar estate homes; on one side of the street it is Encino and the other side is Tarzana. This vacant lot is over 1.1 acre in size with plenty of space to build, and offers a gorgeous panoramic view. The property features a combination of flat and hilly terrain with significant development potential. As the site previously hosted a residence, utility reconnections for water and power are expected to be straightforward, potentially reducing initial construction costs. This is a rare opportunity to construct a bespoke hilltop residence in a highly sought-after area. You will feel like a king or a queen living on top of the hill. To provide a better understanding of the land's potential, the owner can show plans and blueprints for a three-story residence. Notably, these designs include an indoor pool located on the first level. Conveniently located south of Ventura Blvd, with access to the finest restaurants, shopping, and entertainment options the area has to offer. It is also centrally located near great schools, and is commuter friendly to freeway access. Bring your contractor, and build your future home! Please call for a showing; the seller is motivated, so bring your offer.

4551 Lindley Avenue, Tarzana

$3,899,000

SR26100616 MLS

REMARKABLE LOCATION - RAREST OF PROPERTIES! Almost 5-acres, breathtaking 270° views of the Valley lights and canyons, ultimate private secluded estate setting. Development opportunity, 2 separate PINs, build 1 or 2 magnificent estate homes. Create the ULTIMATE celebrity compound for the Athletes, Vloggers, YouTubers, producers, musicians seeking to live in this multi-million-dollar neighborhood. Builders, End-uses, looking for their next project or incredible home. The possibilities are endless. Create Tarzana’s finest estate.

4631 Caritina, Tarzana

$1,575,000

SR26062276 MLS

BACK ON THE MARKET! Presenting a rare and exceptional Opportunity for Developers, Contractors or End-Users. Offered for the first time in decades, this unique property was originally a part of the early 1940's subdivision of Tarzana Ranch, developed by Edgar Rice Burroughs. Nestled in a highly sought-after estate neighborhood South of Ventura Boulevard, this expansive property spans over 30,000 square feet of quiet, private grounds surrounded by Legacy homes. For decades, families have raised their children here, drawn to neighborhoods rare sense of peace, safety, and enduring community. Located within a wonderful area known for its outstanding schools, the setting offers both tranquility and long-term value. The property features a charming Southern-style residence plus Guest Unit designed by the granddaughter of William Jenning Bryan. The main home offers 2-bedrooms, formal dine and 2-baths including bamboo and hardwood floors, crown moldings, two fireplaces, high ceilings and large closets. An Olympic style pool enhances the outdoor living experience. In addition, a detached Guest Unit (ADU) above the two-car garage includes 2 bedrooms, 1 bath and fireplace and is currently occupied by a family member. The main home is approx. 1,652 sf and Guest Unit is approx. 600 sf. With a newer roof and upgraded plumbing already in place, this property presents an ideal canvas for remodeling, expansion, or development. Offered AS_IS and priced for Land Value, this is a rare chance to create something truly special in one of Tarzana's most desirable neighborhoods. Opportunities like this are few and far between----don't miss it. Bring your Contractors, Developers & End Users to this amazing, "Value-Add", "Fixer" and or "Development Opportunity". Hurry.... Wont last!

4874 Palo Drive, Tarzana

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Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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