Skip main navigation
For sale
  • Listed by: Pinnacle Estate Properties • Carl Torres • Contact: 818-488-8003
    $8,989,950

    500 Lower Lake Rd, Westlake Village, CA 91361

    8beds
    15,000sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2026
    3 Acres Lot
    $8,479,400 Zestimate®
    $599/sqft
    $819/mo HOA

    What's special

    Waterfront setting
    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.
    106 days
    |
    929
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carl Torres DRE #01208201 818-635-2275,

    Pinnacle Estate Properties

    Source: CRMLS,MLS#: SR26061017MLS LogoOriginating MLS: California Regional MLS

    Loading...

      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: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 15,000 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Garage
      • Garage 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: 3/20/2026
      • Cumulative days on market: 106 days
      • Listing terms: Cash,Cash to New Loan,Trade

        Estimated market value

        $8,479,400

        $8.06M - $8.90M

        $5,997/mo

        Price history

        DateEventPrice
        3/25/2026Price change$8,989,950+0%$599/sqft
        Source: CRMLS #SR26061017 Report a problem
        3/20/2026Listed for sale$8,989,000-0.1%$599/sqft
        Source: CRMLS #SR26061017 Report a problem
        12/16/2025Listing removed$8,999,950-3.2%$600/sqft
        Source: SDMLS #SR25028594 Report a problem
        6/23/2025Listed for sale$9,299,950$620/sqft
        Source: SDMLS #SR25028594 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 91361

        Getting around

        7 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel
            • Local buyer's agents are ready to help