Investors and builders: imagine turning this end-of-a-cul-de-sac, premium land into a 5-unit townhome community, sold complete with ready-to-build plans. This exceptional parcel features an expansive 10,150-square-foot lot, providing a prime, shovel-ready canvas for an elite multi-unit development in the heart of downtown Thousand Oaks. The expertly drafted architectural plans introduce two sophisticated three-story structures with a shared driveway and private garage spaces under each individual unit. This project presents an unparalleled opportunity to build and sell immediately--or to add a crown-jewel multi-family asset to a long-term investment portfolio.Future residents will be just moments away from upscale daily staples like Erewhon at The Lakes, local artisan coffee houses, The Promenade at Westlake, and a diverse selection of highly rated dining destinations. Outdoor enthusiasts will appreciate the nearby hiking trails of the Conejo and Santa Monica Mountains, championship golf courses, and effortless access to the coast.Situated in the central Conejo Valley, the property serves as a highly convenient regional hub with quick, straightforward access to the 101 freeway, allowing a seamless 40-mile commute directly into Los Angeles or neighboring business centers in Westlake Village and Malibu. In a high-barrier-to-entry market like Thousand Oaks, finding a residential lot of this size with fully realized, high-end plans for five distinct townhomes is remarkably rare.