new - 16 hours on rocket

500 Lower Lake Rd, Westlake Village, CA, 91361

$8,999,950

8 Bedrooms
8 Full Baths
14,500 SqFt
$621/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Garage10 spaces
Year Built2023
CoolingNone
WaterfrontLake Front
FireplaceNone
ViewGolf Course, Lake, None, Panoramic, Water
MLS #SR24110555
Lot Size3.00 Acres
StatusActive

About 500 Lower Lake Rd

BUILD YOUR DREAM HOME ON THIS ESTATE PROPERTY FOR AS LITTLE AS $400.00-$600.00 PER SQUARE FOOT!!! 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: 2023
  • Stories: 2
  • Living Area: 14,500 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Golf Course, Lake, None, Panoramic, Water

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: No

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:

  • Cooling: None

School Info

Assigned Schools Information:

  • Westlake High School, Public District Grades 9-12
  • Colina Middle School, Public District Grades 6-8
  • Westlake Elementary School, Public District Grades KG-5

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: $621/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

$634

Avg. Days On Market

44

# of Sold Homes

20

500 Lower Lake Rd vs Westlake Village

1 DAY ON ROCKET

-43 Days

$8,999,950

+$7.4M More

$621/SqFt

-$14 Less

KEY TAKEAWAY

This property is $7.4M more than the Median Sold Price and $14/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: #SR24110555

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: 6/1/2024, 9:20:39 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.

Elementary School

school-card-donut-6261774
7
/10
  • Westlake Elementary School

  • 1571 E Potrero Rd

  • 1.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6261775
6
/10
  • Colina Middle School

  • 1500 E Hillcrest Dr

  • 3.30 miles

  • Public District Grades 6-8

High School

school-card-donut-6261776
8
/10
  • Westlake High School

  • 100 N Lakeview Canyon Rd

  • 3.43 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $151,587. Residents of Westlake Village, CA typically earn $200k+ each year. Most families are married, no kids. Residents of this area typically 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.

What are the assigned schools for this property?

The assigned schools for 500 Lower Lake Rd are:
Westlake Elementary School: GreatSchools Rating 7/10
Colina Middle School: GreatSchools Rating 6/10
Westlake High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 500 Lower Lake Rd has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 500 Lower Lake Rd is 14,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Lower Lake Rd is 2023.
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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 14,500 square foot home, which was built in 2023, sits on a 3.00 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $8,999,950.

While more than 6 listings in Westlake Village, CA in April 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 9 were sold below. The number of listings in Westlake Village, CA increased by 17.5% between March 2024 and April 2024. Listings spent 44 days on the market in April 2024, and had a median list price of $1,505,303 during the same period.

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

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