Mike Watson, Realtor

Mike Watson

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ActiveSingleFamilyResidence

196 Lake Sherwood Drive

Lake Sherwood, CA, 91361

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$4,450,000

MLS: 226001605

Beds

6

Baths

6

Sq Ft

5,513

Lot

0.44 ac

Year Built

2002

MLS #

226001605

Days on Market

0

Listed

Apr 10, 2026

Description

Few settings capture the beauty and tranquility of Lake Sherwood lakefront living like this exceptional property, where a nearly half-acre double lot, sweeping water views, and a lawn that flows gracefully to the lake create an unforgettable waterfront retreat. The property's position along the shoreline captures broad water views and a wonderful sense of openness rarely found along the lake.The grounds embrace the lakefront setting with multiple outdoor spaces to relax and entertain, including a large grassy lakeside lawn, an expansive side yard with endless possibilities, and private access to your own boat dock.The approximately 5,513-square-foot residence features two-story ceilings in the foyer, 10-foot ceilings throughout much of the home, crown moldings, wood flooring, stone slab countertops, and quality finishes.The thoughtfully designed layout includes five en-suite bedrooms, plus an additional bedroom currently used as a gym, a powder bath, a private office with built-in shelving and fireplace, and a laundry room with extra storage and a convenient pet shower. A main-level bedroom with private patio provides a comfortable retreat for guests or extended family.The primary suite offers a peaceful sanctuary with a fireplace, private balcony overlooking the lake, a generous walk-in closet, and a spa-like bath where the soaking tub captures tranquil water views.The gourmet kitchen features high-end appliances, dual islands, dual sinks, a butler's pantry, and a breakfast area with beautiful views of the lake. Walls of windows fill the great room with natural light while framing sparkling lake vistas and centering around a welcoming fireplace.With your private boat dock and direct access to the water, the lake becomes part of everyday life--paddle board in the morning, fish or swim from your dock in the afternoon, and enjoy sunset cruises across the peaceful waters of Lake Sherwood.

Location

Lake Sherwood, Ventura County, CA 91361

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

Payment estimate

$31,212

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $445,000 · Loan: $4,005,000

%
Principal & Interest
$24,607
Property tax (1.25%)
$4,635
Homeowners insurance
$300
Mortgage insurance
$1,669
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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 Lake Sherwood home with as little as 3.5% down using an FHA loan — roughly $155,750 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

See Westlake Village, CA 91361 market trends →

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

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