500 Lower Lake Road
Westlake Village, CA, 91361
$8,989,000
8 Beds
10.5 Baths
15,000 SqFt
3 Acres
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MLS #SR26204524 image #0
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
WaterfrontLakefrontSecludedNewconstructionCommunity GatedWv – Westlake VillageWvwestlakevillageSherwood Country Estates 782Conejo Valley Unified

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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

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.

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500 Lower Lake Road
Westlake Village, CA