About 500 Lower Lake Rd. Road, Westlake Village, California, 91361
THE PENINSULA | One of Southern California's Most Extraordinary Waterfront Estate Opportunities. Introducing THE PENINSULA, a once-in-a-generation opportunity to create an iconic waterfront legacy estate within the prestigious gates of Lake Sherwood. Encompassing approximately three acres with an astounding 1,100 feet of private shoreline and commanding 270-degree panoramic lake views, this remarkable trophy property is believed to be the largest privately held waterfront parcel on any suburban lake in Southern California. Set amidst an emerging enclave of architecturally significant luxury estates, THE PENINSULA offers an unparalleled canvas for creating a world-class residence of enduring distinction. Privately situated behind the renowned 24-hour guard-gated Sherwood Country Club, the property delivers an exceptional combination of privacy, security, exclusivity, and natural beauty. With known entitlements completed, utilities in place, drainage installed, and grading completed, multiple prime building sites are prepared to bring an extraordinary vision to life. Imagine a magnificent custom estate featuring up to a 30,000-square-foot single-story main residence and guest house, complemented by resort-inspired amenities including a spectacular pool, championship-style tennis court, expansive motor court, and collector-quality garages. There may even be the rare opportunity to name your own private street. Further enhancing the property's rarity are four deeded private boat dock spaces, each approximately 60 feet in width, together with valuable water well drilling rights and lake water pumping rights for irrigation. These highly coveted waterfront privileges offer a level of ownership seldom available anywhere in California. Home to prominent business leaders, entertainers, and discerning residents, Sherwood Country Club is celebrated as one of Southern California's most exclusive and private communities. Just minutes from Westlake Village, residents enjoy convenient access to fine dining, luxury boutiques, premier entertainment, and highly acclaimed schools. Optional membership opportunities at Sherwood Country Club and Sherwood Lake Club provide access to an exceptional collection of resort-caliber amenities, including championship PGA golf, an executive golf course, 15 tennis courts, an Olympic-sized swimming pool, luxury spa facilities, state-of-the-art fitness center, and distinguished dining experiences. Owner may consider a trade.
Utilities : ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
Water Source : Public, Other
Sewer System : PublicSewer
Community Features : Biking, Fishing, Golf, Hiking, Suburban, WaterSports, Park
Association : true
Association Fee : 819.33
Association Fee Frequency : Monthly
Lot Features : LotOver40000Sqft, NearPark, Secluded, StreetLevel
Waterfront Features : Lake, LakeFront
Property Sub-Type Additional : WaterPositionWithLand
Possible Use : Residential
Zoning : RE
Utilities : ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
Water Source : Public, Other
Sewer System : PublicSewer
Community Features : Biking, Fishing, Golf, Hiking, Suburban, WaterSports, Park
Association : true
Association Fee : 819.33
Association Fee Frequency : Monthly
Lot Features : LotOver40000Sqft, NearPark, Secluded, StreetLevel
Waterfront Features : Lake, LakeFront
Property Sub-Type Additional : WaterPositionWithLand
Possible Use : Residential
Zoning : RE

Street Address: 500 Lower Lake Rd. Road
City: Westlake Village
State: California
Postal Code: 91361
County: Ventura
Directions: Enter Stafford Gate, Left on Stafford Rd, Left on Lower Lake Rd to the end.

Property Information :
Listing Status: Active
Lot Size: 3.00 Acres
MLS #: SR26201763
Price: $8,989,000
Last Modified : Oct 25 2026 1:22AM
Amenities :
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Courtesy of: Carl Torres, Pinnacle Estate Properties (MLS# F2435008)
Source MLS: CRMLS