5519 Via Olas, Newbury Park, CA 91320

Listing agent Joanne Nelson License #01296717 Show Phone

Listing office Equity Union Real Estate v***@equityunion.com 4353 Park Terrace Dr Suite 100, Sherman Oaks, CA Show Phone

Listing date Jun 15, 2026

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MLS# 226002813 Listing URL

Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This 3.4-acre residential estate lot in Rancho Dos Vientos is positioned at the end of a long gated drive and includes an elevated, oversized flat building pad suitable for development. The property is set up for flexible home planning, including the ability to accommodate an ADU and JADU. California SB9 provisions are referenced for potential lot-splitting eligibility, providing an additional framework for single-family lot configurations. Outdoor amenities can be planned on site as well, with room indicated for options such as a tennis court and sports court.

The site is located within the Palermo Estates gated community in Newbury Park, Ventura County, and is described as being within the Conejo School District. The lot sits amid the foothills of the Conejo Open Space Conservation Agency (COSCA), with views described of Boney Mountain and Sandstone Peak and surrounding rolling hills and vistas.

For buyers looking to build in a private, single-site setting, the combination of an oversized flat pad, ample acreage for outdoor improvements, and ADU/JADU accommodation supports a range of lifestyle-focused residential concepts. The COSCA-adjacent foothills setting is also positioned to appeal to those who prioritize proximity to hiking and equestrian trails.

Suggested Use

Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Hair Salon Food Market Accounting Firm Grocery & Convenience Store Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Newbury Park

County

Ventura

State

California

Longitude

-118.994064

Latitude

34.173522

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FAQs

What type of property is this?

Residential land & home lot - 3.4-acre estate lot in a gated community, suited for a primary home plus ADU/JADU and outdoor amenities.

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 $1,950,000.

What are key features of this property?

This property features: 3.4‑acre estate lot in the gated Palermo Estates in Rancho Dos Vientos; Building pad is elevated and oversized, with development space for a dream home (or two); Public water available; SB9 noted for potential single‑family lot split