This exceptional development opportunity is now back on the market with a substantial price reduction. Spanning approximately 7.7 acres, it is nestled adjacent to the coveted coveted E Carlisle neighborhood, adjacent the Lake Sherwood residences. Whether your aspiration is to construct a spacious single family residence on the large cleared pad or to develop your own private compound, this property offers a blank canvas ready for your vision. Experience the luxurious privacy of canyon living while being just 5 minutes away from the premier shopping, dining, and outstanding education that Westlake Village has to offer. An adjacent lot is also available for purchase, featuring approximately 7 acres with two flat buildable pads, priced at $795,000. Both lots are contiguous and are connected by an easement.