500 Lower Lake Rd Westlake Village, CA 91361
Estimated payment $60,562/month
Highlights
- Lake Front
- Golf Course Community
- Panoramic View
- Westlake Elementary School Rated A
- Fishing
- Property is near a park
About This Lot
Fire Victims Have The Possibility of Utilizing Insurance Money to Purchase a Different Property If They choose Not to Rebuild on Existing Property. Welcome to "THE PENINSULA". READY TO DESIGN & BUILD, and possibly even NAME YOUR OWN STREET for $550 to $650 per SQ.FT. (ALL IN)! Absolutely Spectacular Trophy Property and Most Likely the LARGEST WATERFRONT PROPERTY on a Suburban Lake in Southern California! Located Behind the 24-Hour Security Guarded Gates of the World Class Sherwood Country Club, this Epic and a One-of-a-Kind 3.0 Acre Parcel on the Shores of Lake Sherwood Features 1,100 Lineal Feet of Shoreline and a 270 Degree Unobstructed View of the Private Lake. Truly a Magical Setting. With Known Entitlements Complete, Drainage Installed and Utilities On Site, this Recently Graded Parcel has Multiple Buildable Areas and is Ready For You to Create Your Own Magnificent Timeless Estate...Up to a 30,000 SQ.FT. One-Story Main Residence and Guest House, with Pool, Tennis Court, Motor Court, and Garages - or Whatever Your Dreams Desire. Exclusive to this Amazing Property are the 4 Deeded 60-Foot-Wide Private Boat Dock Spaces, Water Drilling Rights, and Pumping Rights from the Lake for Irrigation Use. Home to Numerous Celebrities Due to its Privacy, Security, and Exclusivity, Sherwood Country Club is Only 5 Minutes Away from the Upscale Community of Westlake Village and World Class Dining & Entertainment, High-End Shopping and Award-Winning Schools. With the Purchase of a Membership to Sherwood Country Club or Sherwood Lake Club, Life's Pleasures Can Be at Your Fingertips with Such Resort Quality Amenities as Fine Dining, PGA Golf Course, Executive Golf Course, 15 Multiple Surface Tennis Courts, Olympic Size Pool, Spa & Gym Facilities. Owner will also consider a TRADE! All a Very Special Offering.
Listing Agent
Pinnacle Estate Properties Brokerage Phone: 818-635-2275 License #01208201 Listed on: 02/12/2025
Property Details
Property Type
- Land
Lot Details
- 3 Acre Lot
- Lake Front
- Secluded Lot
- Level Lot
- Property is zoned RE
HOA Fees
- $780 Monthly HOA Fees
Property Views
- Lake
- Panoramic
Location
- Property is near a park
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 419201
- Assessor Parcel Number 6950170035
Community Details
Overview
- Sherwood Valley hoa, Phone Number (805) 777-7782
- Sherwood Valley HOA
- Sherwood Country Estates Subdivision
Recreation
- Golf Course Community
- Fishing
- Hiking Trails
- Bike Trail
- Access To Lake
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $9,150,000 | 0.0% | -- |
| 07/30/2025 07/30/25 | Price Changed | $9,150,000 | -1.6% | $610 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $9,299,950 | -90.0% | -- |
| 04/10/2025 04/10/25 | Price Changed | $92,999,950 | +900.0% | -- |
| 04/04/2025 04/04/25 | Price Changed | $9,299,950 | -2.1% | $620 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $9,499,950 | 0.0% | $633 / Sq Ft |
| 02/13/2025 02/13/25 | Price Changed | $9,499,950 | +5.6% | -- |
| 02/12/2025 02/12/25 | For Sale | $8,999,950 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25028594
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