500 Lower Lake Rd. Road Westlake Village CA 91361 | MLS #SR26201763
Welcome to THE PENINSULA — An Extraordinary Waterfront Estate Opportunity on Lake Sherwood. Set among an emerging collection of elite luxury estates, THE PENINSULA represents a rare opportunity to create a truly exceptional legacy property in one of Southern California’s most prestigious and private communities. Spanning approximately 3 acres with an extraordinary 1,100 linear feet of shoreline and breathtaking 270-degree unobstructed views of Lake Sherwood, this spectacular trophy property is believed to be among the largest privately held waterfront parcels on a suburban lake in Southern California. Nestled behind the 24-hour guard-gated security of the world-renowned Sherwood Country Club, this one-of-a-kind property offers the ultimate combination of privacy, exclusivity, and natural beauty. With known entitlements completed, drainage installed, utilities on-site, and recent grading, the property features multiple buildable areas ready to accommodate your vision. Imagine designing a magnificent custom estate featuring up to a 30,000-square-foot, single-story main residence and guest house, complemented by a resort-style pool, tennis court, expansive motor court, and garages. Estimated design and construction costs range from $550 to $650 per square foot, all-in, with the potential opportunity to name your own private street. Adding to its remarkable appeal are four deeded, 60-foot-wide private boat dock spaces, water drilling rights, and lake water pumping rights for irrigation—distinctive privileges that further enhance this exceptional waterfront setting. Home to numerous celebrities and distinguished residents, Sherwood Country Club is celebrated for its unparalleled privacy, security, and exclusivity. Just five minutes from the upscale community of Westlake Village, residents enjoy convenient access to exceptional dining, entertainment, luxury shopping, and award-winning schools. Optional membership to Sherwood Country Club or Sherwood Lake Club provides access to an impressive collection of resort-caliber amenities, including fine dining, a championship PGA golf course, executive golf course, 15 multi-surface tennis courts, an Olympic-size swimming pool, spa, and state-of-the-art fitness facilities. An extraordinary opportunity to build a timeless waterfront estate in a setting of unmatched beauty, prestige, and distinction.
Owner will also consider a trade.
Owner will also consider a trade.
Property Details
Price:
$8,989,000
MLS #:
SR26201763
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Water Position With Land
Subdivision:
Sherwood Country Estates 782
Neighborhood:
wvwestlakevillage
Listed Date:
Sep 15, 2026
Lot Size:
130,780 sqft / 3.00 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
Watersports, Golf, Biking, Hiking, Fishing, Suburban
Fencing
None
Lot Features
Lot Over 40000 Sqft, Level with Street, Park Nearby, Secluded
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 Rd. Road Westlake Village CA
- SubdivisionSherwood Country Estates (782)
- CityWestlake Village
- CountyVentura
- Zip Code91361
Subdivisions in Westlake Village
- Ben Johnson Fairway 745
- Ben Johnson Fairway NR-745 – 745
- Braemar S/F 777
- Braemar S/F NR-777 – 777
- Club View Townhomes 749
- Clubview Townhomes NR-749 – 749
- Colonade 3Springs-752 – 752
- Country Club Estates 785
- Country Club Estates NR-785 – 785
- Crescent Oaks NR-776 – 776
- Custom NR 736
- Custom NR-736
- Custom NR-736 – 736
- Fairgreen Townhomes 756
- Fairgreen Townhomes NR-756 – 756
- Fairway Oaks 754
- First Neighborhood/Custom-705 – 705
- First Neighborhood/Customs 705
- Foxmoor 706
- Foxmoor Hills-709 – 709
- Foxmoor-706
- Foxmoor-706 – 706
- Griffin Three Springs 735
- Groves The 587
- Hidden Canyon 760
- Hidden Valley Estates 750
- High Country 780
- High Country NR-780 – 780
- Kensington Park 787
- La Promenade 768
- Majestic Oaks-799 – 799
- Master Series NR-773 – 773
- North Ranch Village 783
- Northgate Condos 737
- Oak Forest Mobile Homes 741
- Oak Forest Mobile Homes-741 – 741
- Oak Glen-115 – 1000232
- Renaissance – ARRE
- Ridgeview Estates – 2890
- Sherwood Country Estate
- Sherwood Country Estates 782
- Sherwood Country Estates-782 – 782
- Southshore Hills 720
- Southshore Hills-720 – 720
- Sycamore Canyon Estates 731
- Terrace Townhomes-722 – 722
- The Shore/South Shore 719
- The Shore/Southshore-719 – 719
- Unknown 999
- Village Glen-724 – 724
- Village Green 725
- Village Homes 726
- Village Homes-726
- Village Homes-726 – 726
- Watergate 727
- Westlake Bay 728
- Westlake Bay-728 – 728
- Westlake Cove 797
- Westlake Island 711
- Westlake Pointe 771
- Westlake Pointe-771 – 771
- Westlake Trails 704
- Westlake Trails-704 – 704
- Westpark Condos 755
- Westshore-738
- Windward Shores-733 – 733
Market Summary
Current real estate data for Land in Westlake Village as of Oct 20, 2026
9
Land Listed
145
Avg DOM
$2,960,333
Avg List Price
Property Summary
- Located in the Sherwood Country Estates (782) subdivision, 500 Lower Lake Rd. Road Westlake Village CA is a Land for sale in Westlake Village, CA, 91361. It is listed for $8,989,000 and features 3 acres. To schedule a showing of MLS#sr26201763 at 500 Lower Lake Rd. Road in Westlake Village, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Pinnacle Estate Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.500 Lower Lake Rd. Road
Westlake Village, CA
