
Lake Sherwood, California 91361
This Luxury Lakefront Estate is a Strong Value Opportunity, listed at $4,450,000—positioned well below the $4,641,140 Fair Market Value by 4%. This valuation provides $191,140 in Instant Equity. Boasting a Well-Maintained Condition Rating, the 5,513-square-foot residence features a private boat dock, panoramic lake views, and access to top-rated Westlake Elementary (9/10). While some interior finishes reflect its 2002 build, the rare double-lot acreage and premier water frontage offer significant lifestyle and asset appreciation. This is an elite acquisition for Luxury Homebuyers or Owner-Occupants seeking a prestigious waterfront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 196 Lake Sherwood Drive Subject | $4,450,000* List Price | 6 | 6 | 5,513 | $842 | - |
A 238 Lake Sherwood Drive Sold | $4,045,000 | 5 | 4 | 4,281 | $945 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this luxury lakefront estate is well-maintained and move-in ready. While the kitchen and butler's pantry feature original honey-toned cabinetry and speckled granite that are stylistically dated by modern standards, the home includes high-end appliances, stone slab countertops, and premium architectural details like crown molding and en-suite bedrooms that remain in good functional condition.
Elementary School: Westlake Elementary School (9/10).
Situated on a rare nearly half-acre double lot, this property offers expansive water frontage, a private boat dock, and a large lakeside lawn, providing an unparalleled waterfront lifestyle.
The 5,513-square-foot residence features a thoughtful floor plan with five en-suite bedrooms, 10-foot ceilings, a private office, and a main-level guest suite, catering perfectly to large families or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5513, other record living area = 5200. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The monthly association fee of $1,088 is relatively high, which, combined with the maintenance of a lakefront property, significantly increases the ongoing cost of ownership.
Built in 2002, some interior finishes and design choices may require modernization to meet the aesthetic expectations of contemporary luxury buyers in this price bracket.
Few settings capture the beauty and tranquility of Lake Sherwood lakefront living like this exceptional property, where a nearly half-acre double lot, sweeping water views, and a lawn that flows gracefully to the lake create an unforgettable waterfront retreat. The property's position along the shoreline captures broad water views and a wonderful sense of openness rarely found along the lake.The grounds embrace the lakefront setting with multiple outdoor spaces to relax and entertain, including a large grassy lakeside lawn, an expansive side yard with endless possibilities, and private access to your own boat dock.The approximately 5,513-square-foot residence features two-story ceilings in the foyer, 10-foot ceilings throughout much of the home, crown moldings, wood flooring, stone slab countertops, and quality finishes.The thoughtfully designed layout includes five en-suite bedrooms, plus an additional bedroom currently used as a gym, a powder bath, a private office with built-in shelving and fireplace, and a laundry room with extra storage and a convenient pet shower. A main-level bedroom with private patio provides a comfortable retreat for guests or extended family.The primary suite offers a peaceful sanctuary with a fireplace, private balcony overlooking the lake, a generous walk-in closet, and a spa-like bath where the soaking tub captures tranquil water views.The gourmet kitchen features high-end appliances, dual islands, dual sinks, a butler's pantry, and a breakfast area with beautiful views of the lake. Walls of windows fill the great room with natural light while framing sparkling lake vistas and centering around a welcoming fireplace.With your private boat dock and direct access to the water, the lake becomes part of everyday life--paddle board in the morning, fish or swim from your dock in the afternoon, and enjoy sunset cruises across the peaceful waters of Lake Sherwood.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 6.0 | 3.0 | 92% |
| Square foot | 5,513 | 2,748 | 94% |
| Lot Size | 19,166 | 9,387 | 78% |
| Price | $4.45M | $1.98M | 91% |
| Price per sq ft | $807 | $724 | 66% |
| Built year | 2002 | 1976 | 86% |
| HOA | $1088.0 | $270 | 94% |
| Days on market | 12 | 163 | 3% |
Apr 10, 2026
$4,450,000
Initial Listing