590 Cricketfield, Lake Sherwood, California 91361, Lake Sherwood, 91361 - 4 bed, 4 bath
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Lake Sherwood, California 91361
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,800,000—positioned above the $2,726,998 Fair Market Value. While the property requires cosmetic updates to its Fair Condition Rating interiors, the Panoramic Lake Views, private putting green, and Top-Rated Schools (9/10 Elementary) provide a strong foundation for value appreciation. The expansive 3,777 sqft layout and versatile floor plan offer significant upside for modernization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prestigious Lake Sherwood lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 590 Cricketfield Subject | $2,800,000* List Price | 4 | 4 | 3,777 | $722 | - |
A 562 Cricketfield Court Sold | $3,175,000 | 4 | 4 | 3,887 | $817 | 0.0 mi |
B 1624 Bushgrove Court Sold | $2,500,000 | 5 | 4 | 3,561 | $702 | 0.4 mi |
C 930 Ravensbury Street Sold | $2,500,000 | 4 | 4 | 3,887 | $643 | 0.3 mi |
D 1766 Stanhope Court Sold | $2,700,000 | 5 | 4 | 3,561 | $758 | 0.4 mi |
E 1535 Verde Ridge Lane Sold | $2,350,000 | 4 | 4 | 3,604 | $652 | 0.4 mi |
F 506 Cricketfield Court Active | $2,899,000 List Price | 4 | 4 | 3,777 | $768 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1994, is well-maintained but shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features white appliances, speckled granite countertops, and a matching backsplash, while the bathrooms have dated pink/peach tile and gold-toned fixtures. These areas require minor to moderate updates to align with current styles and preferences, fitting the 'Fair' category for a property built over 20 years ago with no major renovations since construction.
The property boasts breathtaking, unobstructed views of Lake Sherwood from multiple key areas, including the great room, outdoor patio, primary bedroom, and backyard, significantly enhancing its appeal and value.
With 3,777 sqft, 4 bedrooms, and 4 bathrooms, the home offers a large great room, a dedicated downstairs family room with a full-size bar, and a primary suite with a sitting area, providing ample space for living and entertaining.
Situated in Lake Sherwood, a prestigious and highly desirable community known for its scenic environment and upscale lifestyle.
The reported association fee of $746,925.0 is extraordinarily high and warrants immediate verification, as it could represent a significant financial burden or a data entry error.
The listing price of $3.1 million is 5% higher than the property's estimated value, suggesting a potentially aggressive pricing strategy that may require strong justification to prospective buyers.
Built in 1994, the property is 30 years old. While well-maintained, the description does not specify recent major renovations, which might imply certain systems or aesthetic elements could be dated and require future updates to meet modern standards.
This home has breathtaking views of Lake Sherwood starting from the moment you walk in the door. The main floor has a large great room, and a breakfast nook attached to the kitchen, also a nice outdoor patio, all overlooking the lake. The Primary bedroom is upstairs with a sitting area also overlooking the lake. Going downstairs, you have 3 bedrooms 2 baths, with its own family room and a full size bar. The backyard overlooks the lake and has a putting green to sharpen your golf game.
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 | - | 8,419 | 1% |
| Price | $2.80M | $1.96M | 77% |
| Price per sq ft | $741 | $729 | 52% |
| Built year | 1994 | 1975 | 77% |
| HOA | $746925.0 | $270 | 99% |
| Days on market | 231 | 148 | 81% |
May 14, 2026
$2,800,000
$3,100,000
-10% Price Drop
Initial Listing
Oct 18, 2025
$3,100,000
Initial Listing