500 Lower Lake Road Westlake Village CA 91361 | MLS #SR26204524

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
Southern California’s Most Extraordinary Waterfront Estate Opportunity. A once-in-a-generation setting for creating 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 trophy property is believed to be the largest privately held waterfront parcel on any suburban lake in Southern California. Set within an emerging enclave of architecturally significant luxury estates, THE PENINSULA offers an unparalleled canvas for a world-class residence of enduring distinction. Privately situated behind the renowned 24-hour guard-gated Sherwood Country Club, the property combines privacy, security, exclusivity, and natural beauty. With known entitlements completed, utilities in place, drainage installed, and grading completed, multiple prime building areas are ready to bring an extraordinary vision to life. Importantly, a highly experienced team of leading local professionals has already been vetted and assembled to help carry the project from vision through completion. The architectural firm, luxury homebuilder, engineers, and specialized consultants are available to streamline design, permitting, and construction, substantially reducing the buyer’s time, effort, uncertainty, and coordination. Imagine a custom estate with 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 collector-quality garages. There may even be an opportunity to name your own private street. Further distinguishing the property are four deeded private boat dock spaces, each approximately 60 feet wide, together with water well drilling and lake water pumping rights for irrigation. Minutes from Westlake Village, residents enjoy fine dining, luxury shopping, entertainment, and acclaimed schools. Optional membership at Sherwood Country Club and The Miramar Lake Club provides access to championship PGA and executive golf, 15 tennis courts, Olympic-sized pools, luxury spas, advanced fitness centers, and distinguished dining. Rarely does a property combining this scale, 1,100 feet of private shoreline, guarded privacy, development readiness, and an assembled professional team become available. 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

Subdivisions in Westlake Village

Market Summary

Current real estate data for Single Family in Westlake Village as of Nov 10, 2026
86
Single Family Listed
70
Avg DOM
759
Avg $ / SqFt
$3,140,221
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 $759. The average listing price for Single Family in Westlake Village is $3,140,221. To schedule a showing of MLS#sr26204524 at 500 Lower Lake Road in Westlake Village, CA, contact your Compass agent at 310.409.7242.

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