$8,989,000

500 Lower Lake Rd Westlake Village, CA 91361

Get pre-approved

8 bd · 11.0 ba · 15,000 sqft · $599/sqft · 3.00 acres

Residential · Single Family Residence · Built 2026 · 45 days on Properkey

Description

THE PENINSULA | Southern California's Most Extraordinary Waterfront Estate Opportunity. A once-in-a-generation setting for the creation of an iconic waterfront legacy estate within the prestigious gates of Lake Sherwood. Encompassing approximately three acres with an astounding 1,100 feet of private shoreline and commanding 270-degree panoramic lake views, this remarkable trophy property is believed to be the largest privately held waterfront parcel on any suburban lake in Southern California. Set amidst an emerging enclave of architecturally significant luxury estates, THE PENINSULA offers an unparalleled canvas for creating a world class residence of enduring distinction. Privately situated behind the renowned 24-hour guard-gated Sherwood Country Club, the property delivers an exceptional combination of privacy, security, exclusivity, and natural beauty. With known entitlements completed, utilities in place, drainage installed, and grading completed, multiple prime building sites are prepared to bring an extraordinary vision to life. Imagine a magnificent custom estate featuring up to a 30,000 square-foot single-story main residence and guest house, complemented by resort-inspired amenities including a spectacular pool, championship-style tennis court, expansive motor court, and collector-quality garages. There may even be the rare opportunity to name your own private street. Further enhancing the property's rarity are four deeded private boat dock spaces, each approximately 60 feet in width, together with valuable water well drilling rights and lake water pumping rights for irrigation. Home to prominent business leaders, entertainers, and discerning residents, Sherwood Country Club is celebrated as one of Southern California's most exclusive and private communities. Just minutes from Westlake Village, residents enjoy convenient access to fine dining, luxury boutiques, premier entertainment, and highly acclaimed schools. Optional membership opportunities at Sherwood Country Club and The Miramar Lake Club provide access to an exceptional collection of resort-caliber amenities, including championship PGA golf, an executive golf course, 15 tennis courts, Olympic-sized swimming pools, luxury spa facilities, state-of-the-art fitness centers, and distinguished dining experiences. Rarely does a property of this scale, water frontage, privacy, security, and development readiness become available. Owner may consider a trade.

Agent & source

Listed by
Carl Torres
Brokerage
Pinnacle Estate Properties
DRE
#01208201
Phone
818-635-2275
MLS # SR26204524 Source CRMLS

Property details

Rooms & Layout

Levels
One
Bedrooms
8
Bathrooms
11.0 (10 full, 1 half)

Property Features

View
Lake, Water, Panoramic
Waterfront
Lake Front, Lake
Lot features
Lot Over 40000 Sqft, Park Nearby, Secluded
Community
  • Watersports
  • Golf
  • Biking
  • Hiking
  • Fishing
  • Lake
  • Suburban
  • Park

HOA

HOA dues
$819 a month
Managed by
Sherwood Valley
HOA amenities
Trail(s), Guard, Clubhouse, Security

Building & Construction

Roof
Tile

Exterior & Parking

Parking
10-car garage, Driveway
Other Structures
Second Garage Detached, Guest House Detached
Common Walls
No Common Walls

Interior & Comfort

Fireplace
Primary Retreat, Living Room, Family Room

Appliances & Equipment

Gated with Attendant, Gated Community

Utilities

Water Source
Public
Sewer
Public Sewer
  • Water Available
  • Sewer Available
  • Natural Gas Available
  • Electricity Available

Nearby

Active Pending Closed Rental
High
Conejo Valley Unified District

Schedule a tour

Book an in-person visit

Takes about a minute

Pick a day

Preferred time

Your name and email come from the account you sign in with or create.

Prefer to talk? Call us
(888) 854-8588

Make an Offer

Step 1 of 4

Here's what to expect:

  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A Properkey agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-11-05 02:48:36 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Schedule a tour