506 Cricketfield Court, Lake Sherwood, California 91361, Lake Sherwood, 91361 - 4 bed, 4 bath
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Lake Sherwood, California 91361
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $2,899,000—positioned well below the $3,098,986 Fair Market Value by 6%. This valuation gap offers $199,986 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, the residence offers panoramic lake views, a resort-style pool, and access to top-rated schools like Westlake Elementary. This property is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a sophisticated, turnkey lifestyle in a prestigious gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 506 Cricketfield Court Subject | $2,799,000* List Price | 4 | 4 | 3,777 | $778 | - |
A 1668 Abbotsbury Street Sold | $2,000,000 | 4 | 3 | 2,548 | $785 | 0.3 mi |
B 834 Ravensbury Street Active | $2,800,000 List Price | 4 | 4 | 3,777 | $741 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1995, the property has undergone a comprehensive, high-end renovation within the last 5 years. Interior images reveal a modern aesthetic with updated hardwood flooring, a gourmet kitchen, and a primary bathroom featuring contemporary cabinetry, quartz countertops, and a frameless glass shower. The home is in mint condition with no visible deferred maintenance.
Elementary School: Westlake Elementary School (9/10).
The property offers exceptional, unobstructed views of Lake Sherwood and the surrounding mountains from the great room, primary suite, and outdoor living areas, significantly enhancing its luxury appeal.
The backyard is a private oasis featuring a pool, built-in BBQ, and a putting green, complemented by an expansive upper deck that provides a seamless indoor-outdoor entertainment experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 163.
The home is spread across three distinct levels, which may be a drawback for buyers seeking single-story living or those with mobility concerns regarding the separation of the primary suite and guest rooms.
The monthly association fee of $761 is relatively high, adding a significant recurring carrying cost to the property compared to other residential options in the region.
Perched behind the gates of North Shore Sherwood, this exceptional residence offers a rare opportunity to experience refined living with panoramic views of Lake Sherwood and the surrounding mountains. Showcasing four bedrooms, four bathrooms, and a dedicated office, this home is a true showpiece--thoughtfully designed and impeccably finished from top to bottom.Upon entry, you are welcomed into a dramatic great room where walls of glass frame the breathtaking lake views. The adjoining dining area and gourmet kitchen share this stunning backdrop, creating a seamless flow ideal for both everyday living and entertaining. Just beyond, an expansive deck extends the living space outdoors--perfect for hosting gatherings or simply enjoying the serene beauty of the lake and mountains.The main level also features a private office off the foyer and a formal dining room for more intimate occasions. Downstairs, three spacious bedrooms and two bathrooms are complemented by a generous family room and entertainment area, complete with a built-in bar and comfortable lounge space. This level opens directly to the resort-style backyard, where you'll find a pool, outdoor dining area, built-in BBQ, and even a putting green--all set against the same extraordinary views.Occupying the top level, the primary suite is a private retreat offering sweeping vistas, a large walk-in closet, and a luxurious bathroom with dual vanities, a sunken tub, and a separate shower.With its premier gated location, thoughtfully designed layout, and unmatched views, this North Shore Sherwood residence embodies elevated California living at its finest.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,777 | 2,561 | 80% |
| Lot Size | 6,969 | 8,419 | 35% |
| Price | $2.80M | $1.96M | 77% |
| Price per sq ft | $741 | $729 | 52% |
| Built year | 1995 | 1975 | 80% |
| HOA | $761.0 | $270 | 79% |
| Days on market | 33 | 148 | 1% |
Jun 4, 2026
$2,799,000
$2,899,000
-3% Price Drop
Initial Listing
May 6, 2026
$2,899,000
Initial Listing
May 4, 2026
$2,799,000
Initial Listing