123 Lake Sherwood Drive, Lake Sherwood, California 91361, Lake Sherwood, 91361 - 3 bed, 3 bath

123 Lake Sherwood Drive, Lake Sherwood, California 91361 home-pic-0
ACTIVE$2,949,000
123 Lake Sherwood Drive, Lake Sherwood, California 91361
3Beds
3Baths
2,809Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($2,623,551.6) is $325,448.4 (11%) lower than the list price ($2,949,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Westlake Elementary School (9/10).
Top Cons:
Age of Property & Potential for System Updates: Built in 1981, the property is over 40 years old. While the kitchen appears updated, other major systems (e.g., plumbing, electrical, roof, HVAC) may be original or require future maintenance/upgrades, which are not explicitly mentioned as recent.

Compared to the nearby listings

Price:$2.95M vs avg $1.84M (+$1,112,000)83%
Size:2,809 sqft vs avg 2,787.5 sqft53%
Price/sqft:$1.0K vs avg $66590%

More Insights

Built in 1981 (44 years old).
Condition: Despite being built in 1981, this property has undergone an extensive and high-quality renovation, particularly in the key areas of the kitchen and bathrooms. The kitchen boasts modern white shaker cabinets, quartz countertops, stainless steel appliances, and a contemporary backsplash. Bathrooms feature updated vanities, fixtures, and tiling, all in excellent condition. The home showcases new wood-look flooring throughout, modern light fixtures, and an open-concept layout, creating a bright and contemporary living environment. While the age of major systems (HVAC, plumbing, electrical) is not explicitly stated as updated, the visible interior components are virtually new and meet current quality standards, indicating a comprehensive modernization.
Year Built
1981
Close
-
List price
$2.95M
Original List price
$2.95M
Price/Sqft
$1,050
HOA
-
Days on market
-
Sold On
-
MLS number
225005287
Home ConditionExcellent
Features
Excellent View: Hills, Lake, Mountain(s), Water
Deck
ViewHills, Lake, Mountain(s), Water

About this home

A Rare Lake Sherwood Treasure -- Offered for the First Time in Over a DecadeThis spectacular lakefront home offers sweeping panoramic views of Lake Sherwood and is now available after 10 cherished years with its current owner. Designed with a striking blend of cedar and glass, the home features six serene outdoor areas that invite you to relax amid the natural beauty of the lake, majestic oaks, and the Santa Monica Mountains.With approximately 2,808 sq ft of living space, this 3-bedroom, 3-bath residence is a warm, welcoming retreat. Soaring wood-beamed ceilings and expansive walls of glass define the main living area, where an open-concept layout seamlessly connects the family room, dining space, and a quartz-topped center-island kitchen -- all flowing out to a generous front deck with stunning lake views.The lower level offers a flexible bonus suite with three distinct sections: a mirrored studio with closets, a full bathroom with shower, a laundry room, a gym, and a media room with an oversized projection screen -- perfect for movie nights or game-day gatherings.Step outside and follow the path to your private dock, complete with a motorized Catalina sailboat, kayaks, and a stand-up paddleboard -- your gateway to year-round bass fishing, sunset cruises, and peaceful waterfront living.Enjoy full lake rights, including access to all reserve strip areas, the beloved Maid Marian Park, and easy travel by foot, car, or golf cart to both Lake Sherwood Country Club and Sherwood Lake Club.And best of all -- no HOA dues. A modest lake use charge applies.This is more than a home. It's a lifestyle. Come and experience the sense of calm and wonder that greets everyone who steps into this one-of-a-kind lakeside sanctuary.

Nearby schools

9/10
Westlake Elementary School
Public,K-51.3mi
6/10
Colina Middle School
Public,6-83.1mi
8/10
Westlake High School
Public,9-123.4mi
Condition Rating
Excellent

Despite being built in 1981, this property has undergone an extensive and high-quality renovation, particularly in the key areas of the kitchen and bathrooms. The kitchen boasts modern white shaker cabinets, quartz countertops, stainless steel appliances, and a contemporary backsplash. Bathrooms feature updated vanities, fixtures, and tiling, all in excellent condition. The home showcases new wood-look flooring throughout, modern light fixtures, and an open-concept layout, creating a bright and contemporary living environment. While the age of major systems (HVAC, plumbing, electrical) is not explicitly stated as updated, the visible interior components are virtually new and meet current quality standards, indicating a comprehensive modernization.
Pros & Cons

Pros

Great Schools: Elementary School: Westlake Elementary School (9/10).
Prime Lakefront Location & Panoramic Views: The property boasts a spectacular lakefront position on Lake Sherwood, offering sweeping panoramic views of the lake, majestic oaks, and the Santa Monica Mountains from multiple outdoor areas and main living spaces.
Private Dock & Included Watercraft: Exclusive access to a private dock, complete with a motorized Catalina sailboat, kayaks, and a stand-up paddleboard, provides immediate and unparalleled recreational opportunities on the lake.
Comprehensive Lake Rights & Club Access: Residents enjoy full lake rights, including access to reserve strip areas, Maid Marian Park, and convenient travel by foot, car, or golf cart to both Lake Sherwood Country Club and Sherwood Lake Club.
Modernized Interior & Open Concept: The home features a quartz-topped center-island kitchen, soaring wood-beamed ceilings, expansive walls of glass, and an open-concept layout, creating a bright, contemporary, and welcoming living environment.
Versatile Lower Level Bonus Suite & No HOA: A flexible lower level offers a bonus suite with a mirrored studio, gym, media room, and full bathroom, adding significant functional space, complemented by the financial benefit of no HOA dues (only a modest lake use charge).

Cons

Age of Property & Potential for System Updates: Built in 1981, the property is over 40 years old. While the kitchen appears updated, other major systems (e.g., plumbing, electrical, roof, HVAC) may be original or require future maintenance/upgrades, which are not explicitly mentioned as recent.
No Mention of Central Cooling System: The property description does not specify the presence of a central air conditioning system, which could be a significant drawback during warmer months in California.
Listing Price Above Estimated Value: The current listing price is approximately 9% higher than the property's estimated value, potentially indicating it is priced above current market expectations and may require justification.

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