LOCATION! LOCATION! LOCATION! Welcome to a property with incredible upside in the highly sought after neighborhood of WALNUT ACRES in Woodland Hills. This 5-bedroom / 4.5-bathroom home features 2572 sq. ft. of living space - primarily ONE STORY and boasts a ginormous 17,261 lot! Best of all, it's located on a quiet cul-de-sac with charming curb appeal surrounded by mature trees. There is immense opportunity here for a sprawling dream home in one of the most talked about and desirable pockets in the valley. Lots of room for expansion and ADUs here. This property has a LARGE family room/bathroom off the kitchen which features high ceilings and direct access to the yard. The spacious loft directly above the family room has vaulted ceilings and a balcony facing the yard making it a perfect home office, gym or playroom. The kitchen has been updated with red oak cabinets, granite countertops and stainless steel appliances. There are several en-suite bedrooms with one located near the entrance and 4 additional bedrooms/ 3 bathrooms down the hallway. The pool size backyard is extremely private with 2 covered patios and many fruit trees. The PROPERTY LINE EXTENDS VERY FAR - considerably beyond the first rear fence, allowing for a deck or ADU potential. On top of that, there’s a LARGE SETBACK IN THE FRONT YARD with an ideally situated home. There are even already Ready to Issue permits, approved through LADBS, to expand the footprint by 810 sq. ft.! So, the possibilities here are endless. Additional features include central HVAC, a 2016 roof and a 2 car attached garage with direct access. Bring your vision and imagination to this one of a kind opportunity. Your MASSIVE DREAM HOME awaits! With award winning schools including El Camino Charter H.S., Hale Charter M.S. & Woodlake Elementary and the close proximity to the The Village, Calabasas Commons & Westfield Topanga, this property is an absolute MUST SEE.