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$8,989,000

$7,200Reward *

500 Lower Lake Rd. Road, Westlake Village, CA 91361Listing ID SR26033361

500 Lower Lake Rd. Road, Westlake Village, CA 91361

Active

Sherwood Country Estates (782)

Time on site: 177 days • Last updated: Jul 30, 2026

Property Type

Land

Property Sub Type

Water Position With Land

Acres

Days on Site

176

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

F210002723

500 Lower Lake Rd. Road, Westlake Village, CA 91361

Market Report for 91361

Property Information

Property Details

Location

Financial

Homeowner Association