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.
For sale
Listed by: Pinnacle Estate Properties • Carl Torres • Contact: 818-635-2275
$8,989,000
500 Lower Lake Rd, Westlake Village, CA 91361
8beds
15,000sqft
Single Family Residence
Built in 2026
3 Acres Lot
$8,559,800 Zestimate®
$599/sqft
$819/mo HOA
What's special
- 178 days
- 504
- 18
Zillow last checked:
Listing updated:
Listed by:
Carl Torres DRE #01208201 818-635-2275,
Pinnacle Estate Properties
Source: CRMLS,MLS#: SR26204524
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 11
- Full bathrooms: 10
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Entry/Foyer, Game Room, Kitchen, Laundry, Living Room, Primary Bedroom, Other, Pantry
Bedroom
- Features: Bedroom on Main Level
Pantry
- Features: Walk-In Pantry
Cooling
- None
Appliances
- Laundry: None
Features
- Bedroom on Main Level, Walk-In Pantry
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 15,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 20
- Parking features: Driveway
- Attached garage spaces: 10
- Uncovered spaces: 10
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake, Lake Front
Lot
- Size: 3 Acres
- Features: Lot Over 40000 Sqft, Near Park, Secluded
Details
- Additional structures: Second Garage, Guest House Detached
- Parcel number: 6950170035
- Zoning: RE
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Biking, Fishing, Golf, Hiking, Lake, Suburban, Water Sports, Gated, Park
- Security: Gated Community, Gated with Attendant
- Subdivision: Sherwood Country Estates (782)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Guard, Security, Trail(s)
- HOA fee: $819 monthly
- HOA name: Sherwood Valley hoa
- HOA phone: 805-777-7782
Location
- Region: Westlake Village
Financial & listing details
- Price per square foot: $599/sqft
- Date on market: 9/21/2026
- Cumulative days on market: 179 days
- Listing terms: Cash,Cash to New Loan,Trade
Estimated market value
$8,559,800
$8.13M - $8.99M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Listed for sale | $8,989,000-0.1%$599/sqft |
Source: | ||
| 12/16/2025 | Listing removed | $8,999,950-3.2%$600/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $9,299,950$620/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




