
500 Lower Lake Rd Westlake Village, CA 91361
Estimated payment $60,562/month
Highlights
- Lake Front
- Detached Guest House
- Gated with Attendant
- Westlake Elementary School Rated A
- Golf Course Community
- Home Theater
About This Home
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 is 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, Additional Executive Golf Course, 15 Multiple Surface Tennis Courts, Olympic Size Pool, Spa & Gym Facilities. All a Very Special Offering. Fire Victims Have The Possibility of Utilizing Insurance Money to Purchase a Different Property If They choose Not to Rebuild on Existing Property.
Listing Agent
Pinnacle Estate Properties Brokerage Phone: 818-635-2275 License #01208201 Listed on: 02/14/2025

Home Details
Home Type
- Single Family
Year Built
- Built in 2025
Lot Details
- 3 Acre Lot
- Lake Front
- Secluded Lot
- Level Lot
- Property is zoned RE
HOA Fees
- $780 Monthly HOA Fees
Parking
- 10 Car Garage
- Second Garage
- Parking Available
- Workshop in Garage
Property Views
- Lake
- Panoramic
- Golf Course
Home Design
- Tile Roof
Interior Spaces
- 15,000 Sq Ft Home
- 2-Story Property
- Formal Entry
- Living Room with Fireplace
- Home Theater
- Game Room
- Workshop
- Walk-In Pantry
- Laundry Room
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Dual Vanity Sinks in Primary Bathroom
- Exhaust Fan In Bathroom
Outdoor Features
- Private Pool
- Access To Lake
Location
- Property is near a park
- Suburban Location
Additional Features
- Detached Guest House
- Central Heating and Cooling System
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
- Community Lake
Recreation
- Golf Course Community
- Fishing
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Additional Features
- Clubhouse
- Gated with Attendant
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 | -- | -- |
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