new - 7 days on rocket

500 Lower Lake Rd, Westlake Village, CA, 91361

$8,999,950

3.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontLake Front
ViewGolf Course, Lake, None, Panoramic, Water
MLS #SR24073274
Lot Size3.00 Acres
StatusActive

About 500 Lower Lake Rd

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.

Property Details

Property Features

Listing Office:

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

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Golf Course, Lake, None, Panoramic, Water

Virtual/3D Tour

  • Virtual Tour: 500 Lower Lake Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 3.00 Acres

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

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

$1.4M

Med. Price/SqFt

$634

Avg. Days On Market

38

# of Sold Homes

24

500 Lower Lake Rd vs Westlake Village

7 DAYS ON ROCKET

-31 Days

$8,999,950

+$7.5M More

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price in Westlake Village, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24073274

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: 4/19/2024, 11:25:20 PM 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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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-769356
9
/10
  • Westlake Elementary School

  • 1571 E Potrero Rd

  • 1.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-769357
7
/10
  • Colina Middle School

  • 1500 E Hillcrest Dr

  • 3.30 miles

  • Public District Grades 6-8

High School

school-card-donut-769358
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. The most common annual income of people living in Westlake Village, CA is $200k+. Typical family type is 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 land 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 9/10
Colina Middle School: GreatSchools Rating 7/10
Westlake High School: GreatSchools Rating 8/10

How much acreage is this property?

The property 500 Lower Lake Rd is 3.00 acres.
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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 home sits on a 3.00 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $8,999,950.

Westlake Village, CA housing market in March 2024 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 16 sold below. The number of listings in Westlake Village, CA increased by 15.6% between February 2024 and March 2024. Listings spent 38 days on the market in March 2024, and had a median list price of $1,494,666 during the same period.

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

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