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Listed by Pinnacle Estate Properties, Carl Torres, Listing Contact: 818-635-2275 
8 Beds
11 Baths
15,000 sqft

$8,989,000

500 Lower Lake Road, Westlake Village CA, 91361

Price per sqft$599.27
Built in2026
Property size15,000 sqft
Property typeResidential

Overview

Active

Listed Sep 21, 2026

Updated 33h ago

Welcome to THE PENINSULA An Extraordinary Waterfront Estate Opportunity on Lake Sherwood. Set among an emerging collection of elite luxury estates, THE PENINSULA represents a rare opportunity to create a truly exceptional legacy property in one of Southern Californias most prestigious and private communities. Spanning approximately 3 acres with an extraordinary 1,100 linear feet of shoreline and breathtaking 270-degree unobstructed views of Lake Sherwood, this spectacular trophy property is believed to be among the largest privately held waterfront parcels on a suburban lake in Southern California. Nestled behind the 24-hour guard-gated security of the world-renowned Sherwood Country Club, this one-of-a-kind property offers the ultimate combination of privacy, exclusivity, and natural beauty. With known entitlements completed, drainage installed, utilities on-site, and recent grading, the property features multiple buildable areas ready to accommodate your vision. Imagine designing a magnificent custom estate featuring up to a 30,000-square-foot, single-story main residence and guest house, complemented by a resort-style pool, tennis court, expansive motor court, and garages. Estimated design and construction costs range from $550 to $650 per square foot, all-in, with the potential opportunity to name your own private street. Adding to its remarkable appeal are four deeded, 60-foot-wide private boat dock spaces, water drilling rights, and lake water pumping rights for irrigationdistinctive privileges that further enhance this exceptional waterfront setting. Home to numerou

$59,804/mo

Est. mortgage payment based on a $8,989,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26204524

Interior Features

Bedrooms
8
Bathrooms
11
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
3 Acres

Other Property Details

Association Fee Frequency
Monthly
Garage
Yes
View
Yes

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Data last updated 8:21 AM UTC, 10/16/2026

   

 

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