|Images courtesy Keller Williams Realty|
|Image courtesy Bing Maps|
For the hikers heading toward Upper Las Virgenes Canyon Open Space Preserve (Ahmanson Ranch), you will easily recognize this unique Italian style terrace adorning the hillside of Victory Blvd in West Hills which was recently sold on May 2, 2014 for $750,000. I was surprised to learn of this sale as this 0.78 acre lot remained undeveloped for such a long time but had an awesome yet mysterious terrace that spread over two properties.
I wasnt sure of the history of this mysterious terrace so did some digging around and this is what I found. First and foremost, there is no historical significance to this property as the home located next door at 24802 Wooded Vista Road was built in 1996 along with the rest of the homes in this development. The massive terrace structure I believe was built sometime in the late 90's but I could be wrong so dont quote me here. The property at 24802 Wooded Vista is owned by Leonardo and Carmela Cordola who are the original owners. The Cordola's operate Van Nuys Marble and Granite (4.5 stars on Yelp) which I am guessing helps explain why it was built since the Cordola's are in the home construction business specializing in masonry and could easily obtain the materials, design, and resources needed to build such a unique structure. The Cordola's also own or have owned other properties in the SFV.
The vacant land next door located at 24808 Wooded Vista Road featured in this post was purchased by Jacqueline Cordola for $235,000 on March 9, 1988 which I am guessing is related to the Cordola's mentioned above. I am guessing both sides agreed to build this massive terrace which is connected with the intentions to build a home on the vacant land but that obviously never came to fruition. Jacqueline is based in the Stevenson Ranch area sold this property in May 2014 to Charash Gill. Gill owns many properties in the SFV primarily in Encino and Sherman Oaks with construction and maintenance business based in Encino. So its only a matter of time before this property is developed and flipped back on the market.
The listing description states:
This lot with breathtaking views in exquisite Valley Circle Estates is NOT YOUR ORDINARY LOT. There are existing retaining walls and at the rear of the lot (Victory side) there is extensive masonry work, hillside terrace and stairways with Baluster railings. Lot is surrounded by large estate properties and is ready for development.
Youc an view more SFV Architecture and Real Estate here.