Listing by: Dana Olmes, Frontgate Real Estate
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1 Beds
1 Bath
1,019 SqFt
Active
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.
Property Details | ||
---|---|---|
Price | $3,900,000 | |
Bedrooms | 1 | |
Full Baths | 1 | |
Half Baths | 0 | |
Total Baths | 1 | |
Property Style | Bungalow | |
Lot Size Area | 416432 | |
Lot Size Area Units | Square Feet | |
Acres | 9.56 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1951 | |
View | Mountain(s),Valley,City Lights | |
Heating | Forced Air | |
Laundry Features | None | |
Pool features | In Ground | |
Parking Description | Driveway | |
Parking Spaces | 0 | |
Geographic Data | ||
Directions | Take Valley Circle to Plummer. Turn right on Farralone. | |
County | Los Angeles | |
Latitude | 34.240145 | |
Longitude | -118.611536 | |
Market Area | CHT - Chatsworth | |
Address Information | ||
Address | 9363 Farralone Avenue, Chatsworth, CA 91311 | |
Postal Code | 91311 | |
City | Chatsworth | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Frontgate Real Estate | |
Listing Agent | Dana Olmes | |
Buyer Agency Compensation | 2.500 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 21 | |
MLS Status | Active | |
Listing Date | Mar 7, 2024 | |
Listing Last Modified | Mar 28, 2024 | |
Tax ID | 2727021021 | |
MLS Area | CHT - Chatsworth | |
MLS # | 24361761 |
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This information is believed to be accurate, but without any warranty.