Exceptional development opportunity in the highly desirable Walnut Acres neighborhood. A private gated entrance and long driveway lead to this expansive 18,247 sq. ft. flat lot, offering a secluded setting with ample space and privacy. This flag lot is perfect for an owner-user, investor or developer seeking a rare opportunity to renovate, expand or redevelop. Ideally located nearby top-rated schools and an array of premier shopping, dining and entertainment destinations, including Fallbrook Center, Westfield Topanga, Topanga Village, Warner Center and Ventura Boulevard. The existing single-story home offers 4 bedrooms and 3 bathrooms, with well-proportioned living spaces highlighted by an oversized family room that opens to a kitchen with a walk-in pantry, as well as a spacious formal living and dining room. Additional features include a primary suite with a walk-in closet and ensuite bath, laundry room, two-car garage and an extensive backyard.