Fire Victims Have The Possibility of Utilizing Insurance Money to Purchase a Different Property If They choose Not to Rebuild on Existing Property. Welcome to "THE PENINSULA". 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.
Lot/land
Listing Provided by:
Carl Torres DRE #01208201 818-635-2275,
Pinnacle Estate Properties
Price cut: $150K (7/30)
$9,150,000
500 Lower Lake Rd #1, Westlake Village, CA 91361
--beds
--baths
3Acres
Unimproved Land
Built in ----
3 Acres Lot
$-- Zestimate®
$--/sqft
$780/mo HOA
What's special
Largest waterfront propertyWater drilling rightsMultiple buildable areas
- 180 days
- on Zillow |
- 205 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 11:03am
Listing Provided by:
Carl Torres DRE #01208201 818-635-2275,
Pinnacle Estate Properties
Source: CRMLS,MLS#: SR25028594
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake, Lake Front
Lot
- Size: 3 Acres
- Features: Lot Over 40000 Sqft, Near Park, Secluded, Street Level
Details
- Parcel number: 6950170035
- Zoning: RE
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Other
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Biking, Fishing, Golf, Hiking, Suburban, Park
- Subdivision: Sherwood Country Estates (782)
HOA
- Has HOA: Yes
- HOA fee: $780 monthly
- HOA name: Sherwood Valley hoa
- HOA phone: 805-777-7782
Location
- Region: Westlake Village
Financial & listing details
- Date on market: 2/12/2025
- Listing terms: Cash,Cash to New Loan,Trade
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