9363 Farralone Ave, Chatsworth, CA 91311
- $3,900,000
- 1
- BD
- 1
- BA
- 1,019
- SqFt
- List Price
- $3,900,000
- MLS#
- 24-361761
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 1,019
Property Description
Perched atop a sprawling, gated hillside, this quaint mid-century cottage offers charm and serenity on a grand scale. This completely private one-bedroom, one-bathroom property boasts a unique and rare opportunity. With a tentative tract map for a 10-lot subdivision, and up to potential 14 lots ranging from 17,000 to 20,000 square feet, this property offers a blank canvas for a variety of development possibilities for a savvy investor or developer to create a bespoke community in this coveted locale. There is also a possibility of further development with the current ADU ruling regarding ADU separate partial splits. Situated adjacent to the iconic "Sinatra Estate", this property offers a unique marketing angle, with the potential to market it as an exclusive architectural enclave. With the right design package, this property could become a sought-after destination for those seeking a blend of luxury and privacy.
Additional Information
- Pool
- Yes
- Year Built
- 1951
- View
- Mountains, Valley, City Lights
- Garage
- Driveway
Mortgage Calculator
Courtesy of Frontgate Real Estate, Dana Olmes.
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