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

$8,999,950
  • 8 Beds
  • 8 Baths
  • 14,500 Sq.Ft.
For Sale
$8,999,950 Get Pre-Qualified
Map preview of 500 Lower Lake Rd, Westlake Village, CA 91361

Property Overview: 500 Lower Lake Rd Westlake Village, CA has 8 bedrooms, 8 bathrooms, 14,500 living square feet and 130,780 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to "The Peninsula". READY TO DESIGN & BUILD, and Possible TRADE!! 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 is 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, Additional Executive Golf Course, 15 Multiple Surface Tennis Courts, Olympic Size Pool, Spa & Gym Facilities. All a Very Special Offering.

Listed by Carl Torres | BRE #01208201 | Pinnacle Estate Properties
Last checked: 15 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
130,780
HOA Dues
$711/mo
Year built
2023
Garage
10 Car
Property Type:
Single Family Home
Status
Active
MLS#
SR24073229
City
Westlake Village
County
Ventura
Time on Site
11 days

Open Houses for 500 Lower Lake Rd

No upcoming open houses

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Property Details for 500 Lower Lake Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Entry
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 8
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Fence
  • None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 10
  • No Attached Garage
Lot Information
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Park Nearby, Secluded
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • View: None, Golf Course, Lake, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 6950170035
  • Year Built Source: Other
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Sherwood Valley hoa
  • Association Fee: $711 (Monthly)
  • Association Amenities: Hiking Trails, Clubhouse, Guard, Security
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Conejo Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Sherwood Country Estates (782)
  • Directions: Enter Stafford Gate, Left on Stafford Rd, Left on Lower Lake Rd to the end.
Neighborhood Information
  • Community Features: Biking, Fishing, Golf, Hiking, Suburban
View more facts & features

Local Westlake Village Agent

Sale History for 500 Lower Lake Rd

View property's historical transactions

  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: SR24073229

    $8,999,950

    Price

Tax History for 500 Lower Lake Rd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

500 Lower Lake Rd is listed 429.41% higher than the median list price for the city of Westlake Village which has a median list price of $1,700,000. The median price per/sqft for Westlake Village is $693 and this home is listed at $620.69 per/sqft which puts the price per square foot 10.43% lower than the median price per square foot for the city of Westlake Village.

About 500 Lower Lake Rd

Detailed summary of property

500 Lower Lake Rd is a single family home located in Westlake Village, CA 91361 and is currently for sale. This house offers 8 bedrooms, 8 bathrooms, roughly 14,500 living square feet, and sits on an approximately 130,780 square foot lot. 500 Lower Lake Rd was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $8,999,950. The median priced home in Westlake Village is $1,700,000 with a median price per square foot of $693. Based on Ardent Real Estate Group's Westlake Village Market Data, this home is listed 429.41% higher than the median priced home. Local competing homes currently for sale include 2716 Casiano Rd, 572 N Bundy Dr and 12026 Benmore Terrace. This home does have a Homeowners Association and the monthly fee is $711 per month. While the average home in Westlake Village, CA is selling in 64 days, 500 Lower Lake Rd has a days on market of 9 days. There are currently 82 homes for sale in the Westlake Village real estate market and 62 of them are single family homes while 6 of them are condos and 14 are townhomes. For more information on this home for sale at 500 Lower Lake Rd Westlake Village, CA 91361 contact Ardent Real Estate Group and we will put you in touch with one of our Westlake Village agents.

Public Facts for 500 Lower Lake Rd

Public county record property details
Beds
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Year built
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The source for these homes facts are from public records.

91361 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,100,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
71
Median Sale to List Price %
106.74%
Avg Days on Market
42
Loan Type
Conventional (15%), FHA (0%), VA (0%), Cash (55%), Other (25%)

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Westlake Village Agent
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(714) 706-1823
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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