tomo logo

$3,400,000

Beds
4
Baths
5.0
sq ft
4,960

124 Lower Lake Rd, Lake Sherwood, CA 91361

124 Lower Lake Rd

Lake Sherwood, CA 91361

  • 39 days on market
Attention Builders, Contractors, Homeowners, and Investors! Behind the gates of the exclusive Lake Sherwood. Boasting some of the best lake views in the area, this rare opportunity is located in the non-HOA section and includes a private dock. The seller has approved plans and permits for the buyer to complete, though they have expired and will need to be renewed, 5,500+/- Square feet per the plans/seller(Please review and download the attached documents in the supplement). This property offers a unique investment opportunity or a one-of-a-kind living experience in one of Lake Sherwood’s most desirable neighborhoods. The home features a stunning master suite with hardwood floors, custom wood beam ceilings, a cozy fireplace, a spacious walk-in closet, and a luxurious, spa-like bathroom. Lake Sherwood is a favorite retreat for numerous celebrities, thanks to its privacy, security, and exclusivity. The renowned Sherwood Country Club is just 5 minutes away, offering world-class dining, entertainment, high-end shopping, and top-rated schools. With purchase of membership to the Sherwood Country Club or the Sherwood Lake Club, you’ll have access to resort-style amenities, including fine dining, a PGA golf course, an executive golf course, 15 tennis courts, an Olympic-sized pool, a spa, and gym facilities. This is a truly special offering!

Details

Property type

Single Family Residence

Est. home value

$6,292,869

Property condition

Fixer

Lot size

0.27 acres

Price per sq ft

$686

Year built

1932

Monthly HOA fee

$90.67

Price History

02/24/2025
CRMLS

CRMLS #SR25038658

Listed
$3,400,000
-1.45%
11/16/2021
CRMLS

CRMLS #V1-9490

Sold
$3,450,000
+44.53%
10/28/2016
CRMLS

CRMLS #SR15259046

Sold
$2,387,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Lake, Park

High school district: 

Conejo Valley Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loan Funder Llc

Loan start date

September 2021

Original loan amount

$3,780,490

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Commercial, 2 year

Seller

124 Lower Lake Road Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/05/2025 at 1:30 AM

Listing updated: 04/03/2025 at 10:50 PM

Listed by: Phil Boroda, Coldwell Banker Realty Phone #: (818) 995-2424

MLS: CRMLS #SR25038658

CRMLS logo

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