
Lake Sherwood, California 91361
This Stunning Lakefront Residence is a Strong Value Opportunity, listed at $2,695,000—positioned well below the $2,817,192 Fair Market Value by 4%. This valuation gap offers $122,192 in Instant Equity. Featuring a Condition Rating of 3, the home includes a private elevator, rooftop deck, and deeded lake dock. With proximity to Westlake Elementary (9/10), this property balances luxury lifestyle with financial stability, making it an ideal acquisition for Owner-Occupants or discerning luxury buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 283 Lake Sherwood Drive Subject 4 bd · 4 ba · 4,743 sqft · $594 | $2,695,000* List Price | 4 | 4 | 4,743 | $594 | - |
A 834 Ravensbury Street Sold 4 bd · 4 ba · 3,777 sqft · $721 · 0.5 mi | $2,725,000 | 4 | 4 | 3,777 | $721 | 0.5 mi |
B 506 Cricketfield Court Sold 4 bd · 4 ba · 3,777 sqft · $688 · 0.2 mi | $2,600,000 | 4 | 4 | 3,777 | $688 | 0.2 mi |
C 219 Baybrook Court Active Under Contract 4 bd · 3 ba · 3,354 sqft · $715 · 0.1 mi | $2,398,000 List Price | 4 | 3 | 3,354 | $715 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1963, the property has undergone significant high-end renovations. The main kitchen features stainless steel appliances and a functional, albeit slightly older, design (approx. 10-15 years), while the secondary kitchenette and flooring appear more recently updated. The home is move-in ready with well-maintained systems including a private elevator and a pristine rooftop deck.
Elementary School: Westlake Elementary School (9/10).
The property includes a rare private deeded dock located directly across the street, providing exclusive and convenient access to Lake Sherwood for boating and water recreation.
With 4,743 square feet of living space, a private elevator, and a downstairs suite featuring its own kitchenette, the home is perfectly configured for guests or extended family.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10890, other record lot size in square feet = 11250. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1963, the property may require more intensive maintenance or updates to its core systems compared to newer luxury builds in the area.
The large 4,743 square foot home footprint on a 10,890 square foot lot leaves limited space for traditional flat yard areas or expansive lawn use.
Welcome to an exceptional opportunity in Lake Sherwood, offering beautiful lake views and a private deeded lake dock located directly across the street, less than half a block from the home. This stunning 4-bedroom residence offers approximately 4,743 square feet of elegant living space, incredible outdoor areas, and the opportunity to enjoy the coveted Lake Sherwood lifestyle with the lake just steps away.Designed for both comfort and entertaining,the home features expansive living spaces filled with natural light along with a private elevator, providing seamless access throughout the residence and making this property a true forever home. One of the property's standout features is the spectacular rooftop deck showcasing serene lake views the perfect setting for entertaining guests, enjoying sunsets, or simply relaxing outdoors.The flexible floor plan includes a downstairs bedroom suite complete with a kitchenette, making it ideal for guests, extended family, or an in-law suite.The backyard feels like a private retreat, complete with a spa/jacuzzi, tranquil water-feature creek, and charming bridge surrounded by lush landscaping that creates a peaceful, resort-like atmosphere.Just across the street, the home's private deeded dock provides convenient access to Lake Sherwood for boating, paddleboarding, kayaking, and enjoying time on the water. Having a dedicated dock so close to the residence is a rare feature that further enhances the property's connection to the lake.Blending luxury, privacy, indoor-outdoor living, and exceptional lake access, this home presents a rare opportunity to experience the Lake Sherwood lifestyle in an idyllic setting.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 2.8 |
| Square foot | 4,743 | 3,049.5 |
| Lot Size | 10,890 | 8,871.167 |
| Price | $2.69M | $2.22M |
| Price per sq ft | $568 | $736 |
| Built year | 1963 | 1997 |
| HOA | $0 | $761 |
| Days on market | 16 | 105 |
Oct 8, 2026
$2,695,000
Initial Listing