Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

160 Lower Lake Road

Westlake Village, CA, 91361

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$3,999,000

MLS: 226001221

Beds

4

Baths

4

Sq Ft

2,817

Lot

0.27 ac

Year Built

1940

MLS #

226001221

Days on Market

23

Listed

Mar 17, 2026

Description

GILLIGAN'S ISLANDA rare and remarkable offering--this is one of the last remaining lakefront estates along the coveted shores of Lake Sherwood, set behind the prestige of a guard-gated enclave. Celebrity-owned, the residence captures sweeping lake and mountain vistas while delivering an elevated waterfront lifestyle defined by serenity and sophistication.Recently reimagined with exceptional taste, this four-bedroom, four-bath home is a showcase of refined design, where every detail has been thoughtfully curated. The selection of tile and materials is nothing short of breathtaking--an artful blend of texture, tone, and craftsmanship that elevates each space with quiet luxury. The gourmet kitchen is both striking and functional, adorned with exquisite quartz stone surfaces, premium appliances, and bespoke finishes that reflect a true sense of elegance.The expansive great room is bathed in natural light, featuring dramatic beamed ceilings, a wood-burning fireplace, and walls of glass that frame the ever-changing beauty of the lake and mountains beyond--creating a seamless dialogue between indoor comfort and the natural world.The primary suite is a beautifully appointed sanctuary, where refined finishes and a tranquil ambiance reflect the home's thoughtful design and understated elegance.Outdoor living unfolds effortlessly with a spectacular wraparound deck that appears to float above the water--an extraordinary setting for both intimate moments and grand entertaining. A delightful pool with a view offers a serene, sun-drenched retreat, perfectly positioned to take in the shimmering lake below, while the adjacent barbecue area creates an inviting space for open-air dining and effortless entertaining.A private boat dock invites days spent boating, kayaking, paddle boarding, fishing, or simply enjoying the rhythm of the water. Above it all, a secluded upper-level bedroom suite--accessed via a private staircase--offers a peaceful retreat with commanding panoramic views.Adding to the home's distinctive character is a charming turret-style belvedere--an architectural jewel that rises like a quiet outpost above the lake. This intimate vantage point offers a truly cinematic perspective, where water, sky, and mountains converge, creating a space that feels both inspiring and serenely removed.A dedicated office with custom built-ins provides a refined space for work or study, completing the home's thoughtful layout.Set on approximately a quarter-acre of wooded grounds within the exclusive Lake Sherwood community, this residence offers a rare blend of privacy, natural beauty, and timeless elegance--just moments from Sherwood Country Club, scenic trails, and the everyday conveniences of Westlake Village.

Location

Westlake Village, Ventura County, CA 91361

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Listed by: Nicole Van Parys & Gary Nese... · Engel & Voelkers, Westlake Village

Payment estimate

$28,079

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $399,900 · Loan: $3,599,100

%
Principal & Interest
$22,113
Property tax (1.25%)
$4,166
Homeowners insurance
$300
Mortgage insurance
$1,500
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Westlake Village home with as little as 3.5% down using an FHA loan — roughly $139,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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