THE PENINSULA | One of Southern California’s Most Extraordinary Waterfront Estate Opportunities. Introducing THE PENINSULA, a once-in-a-generation opportunity to create an iconic waterfront legacy estate within the prestigious gates of Lake Sherwood. Encompassing approximately three acres with an astounding 1,100 feet of private shoreline and commanding 270-degree panoramic lake views, this remarkable trophy property is believed to be the largest privately held waterfront parcel on any suburban lake in Southern California. Set amidst an emerging enclave of architecturally significant luxury estates, THE PENINSULA offers an unparalleled canvas for creating a world-class residence of enduring distinction. Privately situated behind the renowned 24-hour guard-gated Sherwood Country Club, the property delivers an exceptional combination of privacy, security, exclusivity, and natural beauty. With known entitlements completed, utilities in place, drainage installed, and grading completed, multiple prime building sites are prepared to bring an extraordinary vision to life. Imagine a magnificent custom estate featuring up to a 30,000-square-foot single-story main residence and guest house, complemented by resort-inspired amenities including a spectacular pool, championship-style tennis court, expansive motor court, and collector-quality garages. There may even be the rare opportunity to name your own private street. Further enhancing the property’s rarity are four deeded private boat dock spaces, each approximately 60 feet in width, together with valuable water well drilling rights and lake water pumping rights for irrigation. These highly coveted waterfront privileges offer a level of ownership seldom available anywhere in California. Home to prominent business leaders, entertainers, and discerning residents, Sherwood Country Club is celebrated as one of Southern California’s most exclusive and private communities. Just minutes from Westlake Village, residents enjoy convenient access to fine dining, luxury boutiques, premier entertainment, and highly acclaimed schools. Optional membership opportunities at Sherwood Country Club and Sherwood Lake Club provide access to an exceptional collection of resort-caliber amenities, including championship PGA golf, an executive golf course, 15 tennis courts, an Olympic-sized swimming pool, luxury spa facilities, state-of-the-art fitness center, and distinguished dining experiences. Owner may consider a trade.
Property Details
Price:
$8,989,000
MLS #:
SR26204524
Status:
Active
Beds:
8
Baths:
10.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Sherwood Country Estates 782
Neighborhood:
wvwestlakevillage
Listed Date:
Sep 21, 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
None
Bathrooms
10 Full Bathrooms, 1 Half Bathroom
Cooling
None
Laundry Features
None
Levels
One
Exterior
Association Amenities
Trail(s), Guard, Clubhouse, Security
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Watersports, Golf, Biking, Hiking, Fishing, Lake, Suburban, Park
Covered Spaces
10
Fencing
None
Garage Spaces
10
Lot Features
Lot Over 40000 Sqft, Park Nearby, Secluded
Open Parking Spaces
10
Open Parking YN
1
Other Structures
Second Garage Detached, Guest House Detached
Parking Features
Driveway
Parking Spots
20
Parking Total
20
Roof
Tile
Security Features
Gated with Attendant, Gated Community
Stories
2
View
Lake, Water, Panoramic
Waterfront Features
Lake Front, Lake
Financial
HOA Fee
$819
HOA Fee Frequency
Monthly
HOA Name
Sherwood Valley hoa
HOA Phone
805-777-7782
Map
Community
- Address500 Lower Lake Road 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 Oct 22, 2026
85
Single Family Listed
65
Avg DOM
743
Avg $ / SqFt
$3,240,498
Avg List Price
Property Summary
- Located in the Sherwood Country Estates (782) subdivision, 500 Lower Lake Road Westlake Village CA is a Single Family for sale in Westlake Village, CA, 91361. It is listed for $8,989,000 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 $743. The average listing price for Single Family in Westlake Village is $3,240,498.
Similar Listings Nearby
500 Lower Lake Road
Westlake Village, CA


