Welcome to “THE PENINSULA,” positioned among an emerging collection of newly constructed luxury estates along Lake Sherwood, further elevating the prestige and long-term value of this extraordinary waterfront setting. 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.
Property Details
Price:
$8,989,950
MLS #:
SR26061017
Status:
Active
Beds:
8
Baths:
11
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Sherwood Country Estates 782
Neighborhood:
wvwestlakevillage
Listed Date:
Mar 20, 2026
Finished Sq Ft:
15,000
Lot Size:
130,780 sqft / 3.00 acres (approx)
Year Built:
2026
See this Listing
Schools
School District:
Conejo Valley Unified
Interior
Appliances
NO
Bathrooms
10 Full Bathrooms, 1 Half Bathroom
Cooling
NO
Laundry Features
NO
Levels
A
Exterior
Common Walls
NCW
Community Features
SUB, GOLF, LAKE, PARK, FISH, WATE, HIKI, BIKI
Fencing
NO
Garage Spaces
10
Other Structures
GHD, SEGAD
Parking Spots
10
Parking Total
10
Roof
TLE
Security Features
GC, GA
View
LA, PA, WA
Waterfront Features
OL, LAK
Financial
HOA Fee
$819
HOA Fee Frequency
MO
Map
Community
- Address500 Lower Lake RD Westlake Village CA
- SubdivisionSherwood Country Estates (782)
- CityWestlake Village
- CountyVentura
- Zip Code91361
Subdivisions in Westlake Village
- Braemar S/F NR-777 – 777
- Braemar Townhomes 753
- Braemar Townhomes NR-753 – 753
- Clubview Townhomes NR-749 – 749
- Country Club Estates 785
- Country Club Estates NR-785 – 785
- Custom NR-736 – 736
- Estates at North Pointe NR-618 – 618
- Fairway Oaks NR-754 – 754
- First Neighborhood/Custom-705 – 705
- Foxmoor 706
- Foxmoor-706 – 706
- Griffin Three Springs 735
- Hidden Canyon 760
- Los Robles Hills-621 – 621
- Northshore 716
- Northshore-716 – 716
- Oak Forest Mobile Homes-741
- Southshore Hills 720
- Southshore Hills-720 – 720
- Summer Shores-721 – 721
- The Shore/South Shore 719
- The Shore/Southshore-719 – 719
- Village Glen 724
- Village Glen-724
- Village Glen-724 – 724
- Westlake Bay 728
- Westlake Bay-728 – 728
- Westlake Cove-797 – 797
- Westlake Island 711
- Westlake Pointe 771
- Westlake Trails 704
- Westpark Condos 755
- Westpark Condos-755 – 755
- Westshore 738
Market Summary
Current real estate data for Single Family in Westlake Village as of May 25, 2026
123
Single Family Listed
79
Avg DOM
561
Avg $ / SqFt
$2,384,366
Avg List Price
Property Summary
- Located in the Sherwood Country Estates (782) subdivision, 500 Lower Lake RD Westlake Village CA is a Single Family for sale in Westlake Village, CA, 91361. It is listed for $8,989,950 and features 8 beds, 11 baths, and has approximately 15,000 square feet of living space, and was originally constructed in 2026. The current price per square foot is $599. The average price per square foot for Single Family listings in Westlake Village is $561. The average listing price for Single Family in Westlake Village is $2,384,366.
Similar Listings Nearby
500 Lower Lake RD
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