Take advantage of the new California State SB-9 statute with this incredible investment opportunity. This unique 15,300 Sqft lot can now be divided into two lots where you can build multiple units. There are various ways you can develop this lot. A site plan has been drawn up following the SB-9 guidelines, showing a two-unit duplex with two single-car garages featuring two bedrooms, 1 3/4 baths, and a full kitchen and living space. In addition, a detached ADU with two bedrooms and two baths can also be added to the lower lot. The newly remodeled four-bedroom, 2.5-bath single-level main house sits behind a white picket fence and lush rose garden. As you walk through the front door, you are taken aback by everything this home offers. An open-concept floor plan allows the interior social areas to be intimate yet spacious. The entire home features luxury vinyl plank flooring and recessed lighting, giving it a consistent and modern experience. The kitchen has newly refinished cabinets with quartz countertops, ample storage, and a cobalt blue Bertazzoni oven/range, which adds so much personality to the heart of the home. One of the unique focal points of the space is the kitchen island, a solid piece of wood from Hawaii during WWII. The dining area features built-in seating, an excellent place for family dinners. To the right, through the laundry room, you will find the primary wing of the home. The primary bedroom features high ceilings, skylights for extra natural sunlight, and two closets; one walk-in and one behind the sliding barn doors. The primary bathroom, which also features high ceilings, is modern and sleek, with new double vanity, a modern jacuzzi spa, radiant heat flooring, and a private toilet room. To the left of the kitchen, you will find three bedrooms and a fully updated modern bathroom. The whole home has been updated with crown molding, modern baseboards, dual pane windows, plantation shutters, central heat and air, and copper plumbing, making it perfectly move-in ready. The main house also has opportunities to add a two-bedroom and two-bath ADU, giving you up to four rental units plus the main house. The home's not-so-secret gem is the incredible mountain views you are greeted by the moment you walk outside. This property offers the epitome of indoor-outdoor living. The exterior kitchen features a Viking range, concrete countertops, a commercial sink, a refrigerator, and a half bath that encompasses a ''cool bar'' vibe. This backyard is an entertainer's dream space. You can instantly imagine throwing BBQs and parties while friends and family gather to enjoy the views and your fantastic food. Exploring this backyard is precisely that, an exploration. The largest lot in the tract, boasting over a 1/3 acre, is split between an upper and lower lot. The upper lot features a stunning Koi Pond, a little bridge, multiple pergolas and gazebos for private sitting areas, and ample space to create your dream backyard. As you make your way down the driveway, which, yes, can hold an R.V., you will begin to see some of the 25 different fruit trees this property has. Lemon, Orange, Avocado, Lime, Guava, Nectarine, Peach, Plum, and Papaya, to name a few! The lower lot takes you to a Hollywood Movie set where you can drink at your very own Saloon or ring the church bell! These six outbuildings are built-in storage with fun and entertaining fronts. The lower lot is a remarkable space that can host large events or be converted into the duplex and detached ADU. According to the city of Thousand Oaks, work on the duplex and ADUs can begin before doing a lot split. If you choose to split the lot, it must be with a ratio no greater than 60-40 between the two lots. This is a one-of-a-kind property you often don't see on the market. Ideally located near shopping, restaurants, hiking, walking, and biking trails. This is your very own tranquil oasis.

Listed By CRMLS_CA / Mark Moskowitz Team / Keller Williams Westlake Village

Last checked: Checking… • Last updated Mar 24, 2023 • Source: CRMLS_CA

MLS# 223000029 — Report a problem