$8,989,000
500 Lower Lake Rd. RD
Westlake Village, CA, 91361
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 it’s privacy, security, and exclusivity, Sherwood Country Club is only 5 minutes away from the upscale community of Westlake Village, 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.
Property Details
Price:
$8,989,000
MLS #:
SR26033361
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Water Position With Land
Subdivision:
Sherwood Country Estates 782
Neighborhood:
wvwestlakevillage
Listed Date:
Feb 13, 2026
Lot Size:
130,780 sqft / 3.00 acres (approx)
Schools
Interior
Exterior
Community Features
SUB, GOLF, FISH, WATE, HIKI, BIKI
Fencing
NO
View
LA, PA, WA
Waterfront Features
OL, LAK
Financial
HOA Fee
$819
HOA Fee Frequency
MO
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Land in Westlake Village as of Apr 01, 2026
8
Land Listed
125
Avg DOM
$3,487,375
Avg List Price
Community
- Address500 Lower Lake Rd. RD Westlake Village CA
- SubdivisionSherwood Country Estates (782)
- CityWestlake Village
- CountyVentura
- Zip Code91361
Similar Listings Nearby
Property Summary
- Located in the Sherwood Country Estates (782) subdivision, 500 Lower Lake Rd. RD Westlake Village CA is a Land for sale in Westlake Village, CA, 91361. It is listed for $8,989,000 and features 3 acres. To schedule a showing of MLS#sr26033361 at 500 Lower Lake Rd. RD in Westlake Village, CA, contact your James Outland agent at 8057482262.
Courtesy of Pinnacle Estate Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 500 Lower Lake Rd. RD
Westlake Village, CA
















