$9,150,000
$350K PRICE DROP

500 Lower Lake Rd Westlake Village, CA 91361

Estimated payment $60,562/month

Total Views 25,136
8 Beds
12 Baths
15,000 Sq Ft
$610 Price per Sq Ft

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

Carl Torres

Pinnacle Estate Properties Brokerage Phone: 818-635-2275 License #01208201 Listed on: 02/14/2025

Pinnacle Estate Properties

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

Home Details

Home Type

Single Family

Year Built

Built in 2025

Lot Details

0

HOA Fees

$780 per month

Parking

10

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Gated with Attendant, Gated Community
  • Subdivision Name Other: Sherwood Country Estates (782)
  • View: Yes
  • Zoning: RE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6950170035
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 15000.00 Square Feet
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 10
  • Full And Three Quarter Bathrooms: 10
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 12
  • Main Level Bedrooms: 8
  • Price Per Square Foot: 610.00
  • Room Type: Entry, Formal Entry, Game Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Suite, Media Room, Walk-In Pantry, Workshop
  • Bathroom Features: Double Sinks In Primary Bath, Exhaust Fan(s)

Exterior Features

  • Other Structures: Guest House Detached, Second Garage Detached
  • View: Golf Course, Lake, Panoramic, Water
  • Fence: No
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Subterranean, Workshop in Garage
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails, Clubhouse, Guard, Security
  • Association Fee: 780.00
  • Association Fee Frequency: Monthly
  • Association Name: Sherwood Valley hoa
  • Phone: 805-777-7782
  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Hiking, Lake, Park, Watersports, Suburban
  • Association Management: Sherwood Valley

Schools

  • School District: Conejo Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Park Nearby, Secluded
  • Lot Size Sq Ft: 130780.00
  • Lot Size Acres: 3.0023

Multi Family

  • Lease Considered: No
  • Lot Size Area: 130780.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Lake, Lake Front

Tax Info

  • Tax Census Tract: 59.06
  • Tax Lot: 1
  • Tax Tract: 419201
  • Tax Tract Number: 419201

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25032264

California Regional Multiple Listing Service (CRMLS)