Prime Walnut Acres development opportunity to build your dream home on a sprawling 18,000 SF flat lot measuring 60 feet wide by 300 feet deep. First time offered in over 50 years, this original ranch home sits on an oversized lot presenting the perfect blank canvas to build a new house, guest house, sports court, etc. among other $5m+ estates in a neighborhood that is continually in high demand and appreciating rapidly. The original ranch home features a large central living room with wood mantled brick fireplace and large picture windows. The kitchen features granite counters and built-in wood cabinetry. There are four bedrooms, one of which is well appointed with large walk-in closet and en-suite bathroom with bathtub and shower. The other three bedrooms share a hall bathroom with bathtub and separate walk-in shower. The backyard features a covered patio with separate laundry room, in ground pool (currently empty), detached garage with workshop, storage sheds, rear fruit orchard, and beautiful mature trees throughout the lot including two full growth olive trees. Adjacent to Westfield Mall/Village, Calabasas Commons, Warner Center with the new Rams Village in development, & zoned for award-winning El Camino & Hale charter schools.