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124 Lower Lake Rd, Lake Sherwood, CA 91361

Sale Price: $2,900,000
Feb 24, 20254,960 sqft4 beds5 baths
Listed by: Phil Boroda
License #: 00822192
Phone #: 818-995-2424
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: SR25038658

Property Description

New Price! #300K price Reduction!! VIEW, VIEW VIEW of the LAKE! CALLING ALL BUILDERS, DEVELOPERS, CONTRACTORS, HOMEBUILDERS and INVESTORS! Behind the gates of the exclusive Lake Sherwood. Boasting some of the best lake views in the area, this rare opportunity is located in the non-HOA section and includes a private dock. The seller has approved plans and permits for the buyer to complete, though they have expired and will need to be renewed, 5,500+/- Square feet per the plans/seller(Please review and download the attached documents in the supplement). This property offers a unique investment opportunity or a one-of-a-kind living experience in one of Lake Sherwood’s most desirable neighborhoods. The home features a stunning master suite with hardwood floors, custom wood beam ceilings, a cozy fireplace, a spacious walk-in closet, and a luxurious, spa-like bathroom. Lake Sherwood is a favorite retreat for numerous celebrities, thanks to its privacy, security, and exclusivity. The renowned Sherwood Country Club is just 5 minutes away, offering world-class dining, entertainment, high-end shopping, and top-rated schools. With purchase of membership to the Sherwood Country Club or the Sherwood Lake Club, you’ll have access to resort-style amenities, including fine dining, a PGA golf course, an executive golf course, 15 tennis courts, an Olympic-sized pool, a spa, and gym facilities. This is a truly special offering!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,679

TurboHome Estimated Value

$2,939,300

$593 sqft

High Valuation
$3,086,265
$622/sqft
Normal Valuation
$2,939,300
$593/sqft
Low Valuation
$2,792,335
$563/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$593/sqft$2,939,300

Neighborhood: Lake Sherwood (762)

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Comparative Value

$1.93M

$2.15M

$2.47M

$2.90M

$3.10M

$3.20M

2217 Kirsten Lee Dr, Westlake Village, CA 91361

Sale Price: $1,930,000

Selected Comparable

2253 Kirsten Lee Dr, Westlake Village, CA 91361

Sale Price: $2,150,000

Selected Comparable

1601 Vista Oaks Way, Westlake Village, CA 91361

Sale Price: $2,470,000

Selected Comparable

124 Lower Lake Rd, Lake Sherwood, CA 91361

Sale Price: $2,900,000

Selected Comparable

124 Lower Lake Rd, Lake Sherwood, CA 91361

List Price: $3,100,000

Subject Property

1331 Caitlyn Cir, Westlake Village, CA 91361

Sale Price: $3,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
124 Lower Lake Rd, Lake Sherwood, CA 91361

124 Lower Lake Rd, Lake Sherwood, CA 91361

List: $3,100,000

Listed: 2/24/2025

Area:4,960 sqft
Price/sqft:$625
Beds:4
Baths:5
Year Built:
Lot Size:11,761

Comparable Properties

COMPARABLE
Choose comps
124 Lower Lake Rd, Lake Sherwood, CA 91361

124 Lower Lake Rd, Lake Sherwood, CA 91361

Sale: $2,900,000

6/20/20250.00 mi

Area:4,960 sqft
Price/sqft:$585
Beds:4
Baths:5
Year Built:
Weight:28.8%
1331 Caitlyn Cir, Westlake Village, CA 91361

1331 Caitlyn Cir, Westlake Village, CA 91361

Sale: $3,200,000

3/10/20251.49 mi

Area:4,919 sqft
Price/sqft:$651
Beds:4
Baths:6
Year Built:
Weight:21.0%
2217 Kirsten Lee Dr, Westlake Village, CA 91361

2217 Kirsten Lee Dr, Westlake Village, CA 91361

Sale: $1,930,000

4/17/20251.46 mi

Area:3,849 sqft
Price/sqft:$501
Beds:4
Baths:4
Year Built:
Weight:18.0%
2253 Kirsten Lee Dr, Westlake Village, CA 91361

2253 Kirsten Lee Dr, Westlake Village, CA 91361

Sale: $2,150,000

12/10/20241.50 mi

Area:4,261 sqft
Price/sqft:$505
Beds:5
Baths:5
Year Built:
Weight:16.5%
1601 Vista Oaks Way, Westlake Village, CA 91361

1601 Vista Oaks Way, Westlake Village, CA 91361

Sale: $2,470,000

4/15/20251.17 mi

Area:4,365 sqft
Price/sqft:$566
Beds:5
Baths:6
Year Built:
Weight:15.7%

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