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Gated Estate Home Site
For Sale
$1,999,999

5519 Via Olas, Newbury Park, CA 91320

Build an estate home on an elevated flat pad with options for ADU/JADU in a gated community.

Property Size148,975 SF
Lot Size3.40 Acres
Price / SF$13.43
Days on Market379

Property Features for 5519 Via Olas

General Information

Standard status Active
Size 148,975 SF
Lot size 3.40 Acres
Property subtype Land Lot
Zoning rpd101

Amenities

No
Listing Agency: Berkshire Hathaway HomeServices California Realty
Listed By: Joanne Nelson · License #01296717
Source: Compass
Added: Aug 30, 2025 Changed: Sep 8 Last Checked: Sep 11 at 11:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Realty

Investment Insights

Based on property information with market context.

This is a 3.4-acre estate home site in Rancho Dos Vientos, located within the gated Palermo Estates. The property is presented as an opportunity to develop an elevated, oversized flat building pad, with the site described as able to accommodate an ADU and JADU and additional recreational improvements such as a tennis or sports court. The remarks also note that pursuant to SB9 California, the lot may be eligible for a single-family lot split, subject to applicable requirements.

The site is described as being set amid the foothills of the Conejo Open Space Conservation Agency (COSCA), with access by a long-gated drive. The property is positioned within the Conejo School District, and the surrounding COSCA area is described as maintained with hiking and equestrian trails. The listing also describes broad, all-direction views from the lot.

For buyers seeking a private, custom-home environment with room for secondary unit development, this home site offers a clearly identified building location and a flexible planning narrative around ADU/JADU and possible lot-splitting under SB9. The gated arrival and planned pad configuration may be particularly attractive to owner-occupants or developers targeting a single, estate-style buildout with additional on-site amenities.

Key Highlights

  • 3.4‑acre gated Palermo Estates lot in Rancho Dos Vientos with an elevated, oversized flat building pad
  • SB9 noted for potential lot split, and the lot is stated to accommodate an ADU and a JADU
  • End of a long‑gated drive for added privacy

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 91320, CA

44,462
Population
15,509
Households
2.9
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,201
Density / Sq Mi
$150,861
Median Household Income
$62,932
Median Earnings
$2,617
Median Rent
$917,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build an estate home on an elevated flat pad with options for ADU/JADU in a gated community.
Where is this residential land & home lot located?
The property is located at 5519 Via Olas Newbury Park, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 3.4‑acre gated Palermo Estates lot in Rancho Dos Vientos with an elevated, oversized flat building pad; SB9 noted for potential lot split, and the lot is stated to accommodate an ADU and a JADU; End of a long‑gated drive for added privacy
More about this property
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