
Lake Sherwood, California 91361
This Lakefront Residential Estate is a Strong Value Opportunity, listed at $6,850,000—positioned well below the $6,467,657 Fair Market Value by -5%. Featuring a Condition Rating of 3, the home offers a completely rebuilt interior, a private dock, and a permitted 900 sqft guest house. Located in the Conejo Valley Unified district with access to top-rated schools, this property provides a premier waterfront lifestyle. It is an ideal acquisition for Owner-Occupants seeking luxury or High-Net-Worth Investors looking for a unique, resort-style asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 844 Lake Sherwood Drive Subject 5 bd · 4 ba · 4,881 sqft · $1,325 | $6,850,000* List Price | 5 | 4 | 4,881 | $1,325 | - |
A 290 Lake Sherwood Drive Active 4 bd · 6 ba · 5,145 sqft · $1,107 · 0.5 mi | $5,695,000 List Price | 4 | 6 | 5,145 | $1,107 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1936, the home was completely rebuilt and expanded in 2008, placing the structure and systems in the 10-20 year age bracket. The kitchen and bathrooms feature modern cabinetry, stainless steel appliances, and contemporary tile work that appear well-maintained and move-in ready. The property shows high-end finishes and luxury appointments throughout, though the renovation age exceeds the 5-year threshold for an 'Excellent' rating.
Elementary School: Westlake Elementary School (9/10).
The property features a highly desirable westerly view of Lake Sherwood and includes a private dock and a boathouse with a kitchen, offering a premier waterfront lifestyle.
In addition to the main residence, the estate includes a permitted 900 sqft two-bedroom guest house and an industrial-grade tram, providing exceptional space for guests or multi-generational living.
As a bankruptcy sale subject to court confirmation and overbid procedures, the transaction involves additional legal hurdles and potential competition that may complicate the acquisition.
The property is sold 'as-is, where-is' with no seller warranties, requiring the buyer to assume all risks and potential costs for repairs or necessary upgrades.
Bankruptcy sale is subject to court confirmation and overbid procedure. Property is being sold as-is, where-is - seller makes no warranties or representations. Please speak with the listing agent prior to writing an offer. Originally built in 1936 on a lot with undeniably the most desirable Westerly view of the length of Lake Sherwood, the home was completely rebuilt and expanded around 2008. Each level of the home opens to an expansive deck overlooking the water. Wood floors and luxury appointments throughout. The entire top floor of the home is devoted to the primary suite with retreat and fireplace. A industrial grade tram transports to a luxurious 2 bedroom/ 2 Bath permitted 2nd dwelling (approx. 900 sqft) sure to impress. Steps take you to a detached office, the dock, and boathouse equipped with kitchen and shower.Resort style living at its finest in the prestigious Lake Sherwood Community.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 4.0 | 2.8 |
| Square foot | 4,881 | 3,049.5 |
| Lot Size | 12,050 | 8,871.167 |
| Price | $6.85M | $2.22M |
| Price per sq ft | $1.4K | $736 |
| Built year | 2008 | 1997 |
| HOA | $0 | $761 |
| Days on market | 15 | 105 |
Oct 9, 2026
$6,850,000
Initial Listing
Mar 13, 2017
$117,500
Public Record
Oct 19, 2005
$2,550,000
Public Record