Giles Road, Westlake Village, CA 91361

$1,540,000
Property Type: Land Lot Size (sq. ft.): 52,707 Status: Closed
Current Price: $1,540,000 List Date: 1/29/2019 Last Modified: 3/26/2024

Description

ATTENTION Agents: Seller will do a co-venture with your buyer or developer and/or carry! Dramatic price reduction, this gorgeous 1.21 acre lot features amazing, panoramic & elevated lake views within the prestigious, guard-gated community, Sherwood Country Club! This graded lot is build-ready with Plan Check complete. Approved plans by ARC Design Group-accomplished designer of many high-end estates. Seller has paid for all infrastructure/utilities: water, sewer, gas & electricity. Buyer will profit from over $500k of work completed. Civil engineering, soil & geological testing are included, + grading, engineering & plans ($150K); a tremendous savings for the buyer. Sale includes approved plans for a 7,800 sqft Frank Lloyd Wright inspired estate with separate guest quarters. Main house includes spacious decks providing panoramic views while allowing indoor/outdoors living at it's finest. All plans, contracts, expenditures & budgets are available for review. With enormous savings in time to secure permits (avg of 2 yrs) & costs to grade & establish infrastructure (in place), this rare lake view lot provides an end user or investor an opportunity to bring a new ideal for contemporary design to Lake Sherwood.

Supplements: ********

More Information MLS# 219001057

Listing, Location and Property Info

List Price/Acre: 1603305.79 Zip + 4: 0

Listing Info

Zoning: RESRP

Property Info

View: Yes

Status Change Info

Sold Price/Acre: 1272727.27 Pending Date: 2019-09-06 Closed Date: 2019-11-01 Closed Price: 1540000

Land Lease Type

Fee Simple: 1

Special Conditions

Standard Sale: 1

Terms

Cash: 1 Cash to New Loan: 1 Conventional: 1

Lot Description

Gated Community: 1 Gated with Guard: 1 Paved: 1 Private Road: 1

Financing

Cash: 1

Lot Location

Close to Clubhouse: 1 Hilltop: 1

View Type

Hills View: 1 Lake View: 1 Mountain View: 1 Panoramic View: 1 Valley View: 1

Disclosures

CC & R: 1 Planned Development: 1

Sold Terms

Standard Sale: 1

HOA Information

HOA: No

Listing Location and Property Info

Status: Closed Entry Date: 2019-01-29 Current Price: $1,540,000 Listing Price: 1940000 Street Name: Giles Suffix: Road County: Ventura State/Province: CA Zip Code: 91361 APN/Tax ID: 6950140310 Area: WV - Westlake Village Subdivision/Tract Code: Thistleberry/Sherwood-765 Country: US

General Property Information

Lot Acres: 1.21 Lot SqFt: 52707

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Sale Terms: Cash; Cash to New Loan; Conventional Lot Description: Gated Community; Gated with Guard; Paved; Private Road Lot Location: Close to Clubhouse; Hilltop View Type: Hills View; Lake View; Mountain View; Panoramic View; Valley View Disclosures: CC & R; Planned Development Financing: Cash Sold Terms: Standard Sale
Listing Office: Engel & Voelkers, Westlake Village
Listing Agent: Nicole Van Parys & Gary Nesen Team | nicole.vanparys@evrealestate.com
Agent Email: nicole.vanparys@evrealestate.com
Last Updated: March - 26 - 2024
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. 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.