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500 Lower Lake Road, Westlake Village, CA 91361

$8.99M8bd · 11ba · 15,000 sqft
Lot 130,780 sqft•HOA $819.33/mo•Single Family Residence•
Active
•20d on market•MLS# SR-26204524

Property 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.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Heating
None
Cooling
None
View
Lake, Panoramic
City
Westlake Village
Zip Code
91361
County
Ventura
Listed byUnknown Office, Carl Torres

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$45,453.28
Principal & Interest
Loan Amount
$7,191,200
Total Interest
$9,171,979
Total Payment Over 30 Years
$16,363,179
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 1 active · 0 closed

500 Lower Lake Road, Westlake Village, CA 91361

Westlake Village · Single Family Residence

$8.99M
Luxury Tier
Beds
8
Baths
11
Sqft
15,000
Lot
3.00 ac
Year
2026
$/Sqft
$599
Pool: Yes✓
View: city✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $8.99M· $599/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $26.50M
−$17.51M (−66.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,786
−$1K (−66.5%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2551 White Stallion RoadThousand Oaks202591114,839871,200$1,786$26.50M4869
Total: 1 · Average9.011.014,839871,200$1,786$26.50M48
Median14,839$26.50M
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.