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Westlake Village, CA

$8,989,950

500 Lower Lake Road, Westlake Village, CA
8
Beds
11
Baths
15,000
Sq Ft
2026
Built
108
Days listed

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 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.

Facts & features

Interior
Bedrooms
8
Bathrooms
10 full, 1 half
Living area
15,000 sq ft
Interior features
Bedroom On Main Level, Walk In Pantry
Fireplace
None
Cooling
None
Laundry
None
Levels
One
Exterior & lot
Lot size
3.002 acres (130,780 sq ft)
Pool
None
View
Lake, Panoramic, Water
Year built
2026
Parking spaces
10
Community
Area
WV - Westlake Village
County
Ventura
Community features
Biking, Fishing, Golf, Hiking, Lake, Suburban, Water Sports, Gated, Park
HOA fee
$819/mo
Listing details
Status
Active
Property type
Single Family Residence
Days on market
108
Listed
2026-03-20
Original price
$8,989,000
Terms
Cash, Cash To New Loan, Trade
Parcel #
6950170035
MLS #
SR26061017
Listed by
Carl Torres · Pinnacle Estate Properties

Location

Price history

Listed
$8,989,000 · 2026-03-20
Days on market
108
Current price
$8,989,950
Financing

Could this home be yours?

Estimated monthly payment
$56,396
$45,458 principal & interest · $10,938 taxes & insurance
$1,797,990
Estimate only
Loan $7,191,960

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Estimated value range nearby
$14,436,177$16,946,816

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Listing data provided by CRMLS

Listing courtesy of Pinnacle Estate Properties. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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