180 degree Jetliner views from this hilltop lot in "climate-perfect" Fernwood. The nearby utilities and water hydrant make for tantalizing development possibilities. But you may just want to meditate among the chaparral and ancient sandstone boulders while the sun sets, Topanga's lights twinkle on, and you catch a peekaboo glimpse of the Queen's Necklace and Santa Monica bay. Buy a piece of paradise! LA 1 has ownership stake in property.