2 months on rocket

500 Lower Lake Rd, Westlake Village, CA, 91361

$8,999,950

8 Bedrooms
10 Full Baths, 2 Partial
15,000 SqFt
$600/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingUnderground, Workshop in Garage
Garage10 spaces
Year Built2025
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
FireplaceLiving Room
ViewGolf Course, Lake, Panoramic, Water
Private PoolYes
MLS #SR24212753
Lot Size3.00 Acres
StatusActive

About 500 Lower Lake Rd

Welcome to "The Peninsula" READY TO DESIGN & BUILD, OR 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.

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Stories: 2
  • Living Area: 15,000 SqFt

Listing Office:

  • Office Name: Pinnacle Estate Properties
  • Office Phone: (818) 635-2275
  • Listing Agent: Carl Torres

Interior Features

Interior Information:

  • Interior: Main Level Primary, Primary Suite, Walk-In Pantry, Workshop
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 10
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: Golf Course, Lake, Panoramic, Water

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: No
  • Parking: Underground, Workshop in Garage

Virtual/3D Tour

  • Virtual Tour: 500 Lower Lake Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Enter Stafford Gate, Left on Stafford Rd, Left on Lower Lake Rd to the end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,999,950
  • Price Per SqFt: $600/SqFt

HOA Fees:

  • Amount: $711
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Westlake Village, CA.

Med. Sold Price

$1.5M

Med. Price/SqFt

$663

Avg. Days On Market

48

# of Sold Homes

28

500 Lower Lake Rd vs Westlake Village

60 DAYS ON ROCKET

+12 Days

$8,999,950

+$7.4M More

$600/SqFt

-$63 Less

KEY TAKEAWAY

This property is $7.4M more than the Median Sold Price and $63/SqFt less than other homes in Westlake Village, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24212753

Listing Office:

  • Office Name: Pinnacle Estate Properties
  • Office Phone: (818) 635-2275
  • Listing Agent: Carl Torres

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$45.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4333614
7
/10
  • Westlake Elementary School

  • 1571 E Potrero Rd

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-4333615
9
/10
  • White Oak Elementary School

  • 31761 Village School Rd

  • 3.21 miles

  • Public District Grades KG-5

school-card-donut-4333616
8
/10
  • Westlake Hills Elementary School

  • 3333 Medicine Bow Ct

  • 3.23 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $151,587. The most common annual income of people living in Westlake Village, CA is $200k+. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Lower Lake Rd

What is the listing price of this property?

The listing price of 500 Lower Lake Rd property is $8,999,950.

What type of property is this?

The property 500 Lower Lake Rd is a house located in Westlake Village, California, 91361.

Is this property for sale now?

Active Listing: 500 Lower Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 500 Lower Lake Rd has 8 bedrooms and 10 full and 2 half bathrooms.

What is the square footage of this property?

The property 500 Lower Lake Rd is 15,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Lower Lake Rd is 2025.
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Rocket HomesCaliforniaVentura CountyWestlake Village91361500 Lower Lake Rd

This home is located at 500 Lower Lake Rd in Westlake Village, CA and zip code 91361. This 15,000 square foot home, which was built in 2025, sits on a 3.00 acre lot. Features: 8 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $8,999,950.

While more than 6 listings in Westlake Village, CA in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 16 were sold below. In November 2024 in Westlake Village, CA there were 0.8% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,546,250, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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