500 Lower Lake Road, Westlake Village, Residential

$ 8,989,950

Overview

  • Updated On:
  • August 28, 2026
  • Property ID
  • 873246
  • 3.00 ft2
  • 8 Bedrooms
  • 10 Bathrooms
  • 15,000.00 ft2

Description

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.

Address: Array
State/County:
Zip: Array
Country: United States

Property Id: 873246
Price: $ 8,989,950
Property Size: 15,000.00 ft2
Property Lot Size: 3.00 ft2
Bedrooms: 8
Bathrooms: 10
Association Amenities: Clubhouse, Guard, Security, Trail(s)
Association Fee: 819.33
Association Name: Sherwood Valley hoa
Bathorroms Full: 10
Bathrooms Half: 1
Common Wall: No Common Walls
Community Features: Biking, Fishing, Golf, Hiking, Lake, Suburban, Water Sports, Gated, Park
Contract Status Change Date: 2026-03-20
Cumilative Days on Market: 157
Days on Market: 157
Directions: Enter Stafford Gate, Left on Stafford Rd, Left on Lower Lake Rd to the end.
Elevation Units: Feet
Entry Level: 1
Entry Location: Front
Garage Spaces: 10
High School District: Conejo Valley Unified
Levels: One
List Agent AOR: Southland
List Agent Direct Phone: 818-488-8003
List Agent Email: carlptorres@gmail.com
List Agent Name: Carl Torres
List Agent MLS ID: F210002723
List office AOR: Southland
List office Email: kent@kentpalmer.com
List office MLS ID: F2435008
List office Phone: 805-222-6000
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2026-03-20
Listing ID: SR26061017
Listing Service: Full Service
Listing Terms: Cash, Cash to New Loan, Trade
Living Area Source: Estimated
Living Area Units: Square Feet
Lot Features: Lot Over 40000 Sqft, Near Park, Secluded
Lot Size Area: 130780
Lot Size Source: Assessor
Lot Size Square Feet: 130780
Lot Size Units: Square Feet
MLS Area Major: WV - Westlake Village
Major Change Type: Price Change
MLS Status: Active
Number of Units in Community: 1
Number of Units Total: 1
On Market Date: 2026-03-20
Original List Price: 8989000
Other Structures: Second Garage, Guest House Detached
Parcel Number: 6950170035
Parking Total: 10
Photos Count: 15
Postal City: WESTLAKE VILLAGE
Previous List Price: 8989000
Roof: Tile
Security Features: Gated Community, Gated with Attendant
Sewer: Public Sewer
State or Province: CA
Stories: 1
Stories Total: 2
Street Name: Lower Lake
Street Number: 500
Street Suffix: Road
Structure Type: House
Tax Lot: 1
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: Lake, Panoramic, Water
Water Source: Public
Waterfront Features: Lake, Lake Front
Year Built: 2026
Zoning: RE

Other Features
Bedroom on Main Level
Has a View
Has Garage
Home Owners Association
New Construction
Walk-In Pantry