
Woodland Hills, California 91367
Analysis of 23254 Hatteras, Woodland Hills, California 91367 is currently available with a list price of $4,700,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Woodland Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While originally built in 1947, the property has been significantly updated with modern systems including 300-amp electrical service, copper plumbing, and a tankless water heater. Interior images show renovated bathrooms with modern vanities and tile work, and the overall estate, including the 2,405 sqft accessory dwelling, appears well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53895, living area = 4573.
Situated on a rare 1.24-acre lot in the prestigious Walnut Acres community, this gated estate offers unparalleled privacy and a lush, park-like setting with mature trees and koi ponds.
The property includes a massive 2,405-square-foot, two-story Spanish-style secondary residence, providing exceptional flexibility for multi-generational living, guests, or a high-end home office.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =53895, other record lot size in square feet = 53826. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4573, other record living area = 2068. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Built in 1947, the main ranch-style home may require significant modern updates or renovations to meet the aesthetic and functional expectations of luxury buyers at this price point.
The sprawling 1.24-acre grounds, multiple outbuildings, and specialized features like koi ponds and orchards demand substantial ongoing upkeep and landscaping costs.
Welcome to 23254 Hatteras Street, a truly exceptional 1.24-acre estate nestled within the sought-after Walnut Acres community. On the market for the first time in more than 25 years - this extraordinary property combines privacy, character, and resort-style living in a beautiful park-like setting. Oak, olive, elm, and eucalyptus trees line the driveway as you enter, with two tranquil koi ponds adding to the serene atmosphere. The sprawling ranch-style main residence features three bedrooms, three bathrooms, two living areas, and two dedicated office spaces. The estate also includes a permitted, two-story, 2,405-square-foot Spanish-style accessory living quarter, offering exceptional flexibility for guests, extended family, or additional living space. Outdoors, a pool with jacuzzi, covered bar and barbecue area create the perfect setting for entertaining. Rich in character and history, the property has been featured in commercials and films and includes an array of unique structures and amenities, including a movie-prop jail, barn, pool house, workshop, and additional outbuildings. There is ample room for recreation including space for a potential sports court. The expansive grounds feature an impressive selection of mature fruit trees, including Meyer lemons, oranges, and Fuji apples, along with three raised vegetable planters. Thoughtful infrastructure includes drainage lines, an eight-camera surveillance system, gated entry with intercom, 300-amp electrical service, a tankless water heater, and copper plumbing throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,573 | 2,235.675 |
| Lot Size | 53,895 | 10,981.318 |
| Price | $4.70M | $1.39M |
| Price per sq ft | $1.0K | $640 |
| Built year | 1947 | 1960 |
| HOA | $0 | $434 |
| Days on market | 18 | 60 |
Aug 22, 2026
$4,700,000
Initial Listing