$8,989,000
Est. $50,338/mo500 Lower Lake Rd. Road, Westlake Village, CA 91361
About this home
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 it's privacy, security, and exclusivity, Sherwood Country Club is only 5 minutes away from the upscale community of Westlake Village, 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.
infoProperty Facts
Lot Size
130,780 sqft
Property Type
Water Position With Land
Days on Market
4
HOA Fee
$819.33/mo
MLS #
SR26033361
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Lot Over40000 Sqft, Near Park, Secluded, Street Level
Sewer
Public Sewer
Water Source
Public, Other
diversity_3Community & HOA
Association Info
Community Features
Biking, Fishing, Golf, Hiking, Suburban, Water Sports, Park
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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