500 Lower Lake Rd   #1, Westlake Village, CA 91361
FOR SALE3 ACRES
Listed by Carl Torres, Pinnacle Estate Properties, (805) 222-6000

500 Lower Lake Rd #1
Westlake Village, CA 91361

      $8,999,950

      Est. Mortgage $57,775/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      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.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      $711/Monthly
      Price/Sqft
      No Info
      Listed
      16 days ago

      Home Details for 500 Lower Lake Rd #1

      Interior Features

      Appliances & Utilities
      Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
      Gas & Electric
      No Electric on Property
      View
      View: None, Golf Course, Lake, Panoramic, Water

      Exterior Features

      Exterior Home Features
      Fencing: None
      Parking & Garage
      No Garage
      Frontage
      WaterfrontWaterfront: Lake, Lake FrontOn Waterfront
      Water & Sewer
      Sewer: Public Sewer
      Surface & Elevation
      Elevation Units: Feet

      Days on Market

      Days on Market: 16

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Building
      Not a New ConstructionNo Additional Parcels
      Property Information
      Parcel Number: 6950170035

      Price & Status

      Price
      List Price: $8,999,950

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: Westlake VillageCommunity: Sherwood Country Estates (782)

      Agent Information

      Listing Agent
      Listing ID: SR24073274

      Community

      Community Features: Biking, Fishing, Golf, Hiking, SuburbanNot Senior Community

      HOA

      HOA Name: Sherwood Valley hoaAssociation for this Listing: California Regional MLSHas an HOAHOA Fee: $711/Monthly

      Lot Information

      Lot Area: 3.0023 Acres

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: SR24073274Water ViewWater View: Lake, WaterAttribution Contact: 818-635-2275

      Additional Information

      BikingFishingGolfHikingSuburban
      Last check for updates: about 10 hours ago
      Listing Provided by: Carl Torres DRE #01208201, (818) 635-2275
      Pinnacle Estate Properties
      Originating MLS: California Regional MLS
      Source: CRMLS, MLS#SR24073274

      Price History for 500 Lower Lake Rd #1

      DatePriceEventSource
      04/12/2024$8,999,950Listed For SaleCRMLS #SR24073274
      04/08/2024$8,999,950ListingRemovedCRMLS #SR24042267
      04/05/2024$8,999,950PendingToActiveCRMLS #SR24042267
      04/04/2024$8,999,950ContingentCRMLS #SR24042267
      03/01/2024$8,999,950Listed For SaleCRMLS #SR24042267
      12/15/2023$8,999,950ListingRemovedCRMLS #SR23192623
      10/16/2023$8,999,950Listed For SaleCRMLS #SR23192623

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      What Locals Say about Westlake Village

      • Trulia User
        "Not close to transportation or stores. Up in the mountains. If you don’t have a car it’s hard to live here."
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      • Suzy
        "Yes lots of great places to walk. Run bike do your thing pretty. Fun and awesome place to live. Whoo hoo yippee."
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      • Suzy
        "Local is best. All amenities are close by. It’s like living in your own little resort community. Close to beach, lots of restaurants and amenities."
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      • Rusty
        "Extremely dog friendly. Everyone has dogs. Great dog vets. Dog hotels. Dog parks are great. If you have a dog, this is your place. "
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      • TORREY
        "I have loved here for many years and had to raise my son here. Everything is forbidden for children, they can’t rise their bike in the path, or skate board when they are teen. There is no cultural center. It’s as suburban as it get. "
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      • castle00802
        "The unique thing about this neighborhood is that in a 5-10 minute drive you are at some of the best trailheads in the Santa Monica Mountains."
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      • Redrat1
        "Nice green belts and great school district. Lived hear over 30 years and have raised our family. Wonderful shops and restaurants near by."
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      • max s.
        "One of finest areas available in California. Terrific planned community, with Westlake Lake as its centerpiece."
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      • quietplsu2
        "I used to live in Westlake Village 10 years ago and loved the greenery and the convenience for shopping and entertainment. "
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      • Laurie
        "I used to live in Westlake and I wish I was still there. It is certainly the cleanest, beautiful and most safe area one could live in. The temperature in perfect all year round as they get the lovely breeze from Malibu as it is located near the Santa Monica mountains. I know people move there for the schools, great shopping and the lake for great walks and wonderful restaurants at the Landing. "
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      • Floridadeb
        "This lovely gated community in Westlake Village is a peaceful retreat from the hectic city, but only minutes away from everything. Walk to the lake, stroll the boardwalk, dine in one of the waterfront restaurants, or simply enjoy the ambiance. The community abuts the National Preserve, with wonderful hiking trails just a step away. "
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      • theporsa
        "Quiet, safe, great schools, good freeway access. Great place to come home to if you work in the valley or L.A. "
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      LGBTQ Local Legal Protections

      Carl Torres, Pinnacle Estate Properties
      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 2024-01-24 10:53:37 PST and /or other sources. All data, including 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.
      500 Lower Lake Rd #1, Westlake Village, CA 91361 is a lot/land. This property is currently available for sale and was listed by CRMLS on Apr 12, 2024. The MLS # for this home is MLS# SR24073274.