Rare opportunity to purchase a large 2.23-acre lot in downtown Moorpark, located in an active and desirable area of downtown development. The property is zoned R-1 and comes with an approved administrative/design permit, significantly reducing time and uncertainty for a future build. The R1 zoning designation allows the development 3-9 unit multifamily dwelling, subject to approval through an Administrative Permit.The approved site plan allows for a custom two-story single-family residence of approximately 5,724 sq. ft.. The design includes a detached three-car garage with a 1,000 sq. ft. Accessory Dwelling Unit (ADU) beneath–ideal for extended family, rental income, or a private home office.With low lot coverage (approximately 4.36%), the parcel offers privacy, open space, and flexibility for outdoor living, landscaping, or additional amenities consistent with zoning regulations.The neighborhood offers a blend of established homes and new development, and the property is conveniently located near schools, colleges, shopping, dining, and transportation, making it attractive for both owner-builders and investors.A unique opportunity to build a high-end custom estate with ADU on one of the largest residential parcels in downtown Moorpark.