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Lake Sherwood homes for sale commanded a median sale price of $2.2M last month, down 35.6% since last year , yet this exclusive community behind the gates of Sherwood Country Club remains one of Southern California's most coveted addresses. With 34 homes sold over the last 12 months and recent buzz about Rick Caruso's acquisition of the Sherwood Lake Club in February 2026 , the market dynamics paint a complex picture for both buyers and sellers considering this prestigious lakefront enclave.

What Are Current Lake Sherwood Home Prices in 2026?

The Lake Sherwood real estate market presents varied pricing data depending on the source and timeframe. The median home price in Lake Sherwood is $2,575,000 , though recent listings show significant range. In March 2026 Lake Sherwood homes were listed to buy for a median price of $2.67M, with homes ranging from $2,149,000 to $8,699,000 .

The price per square foot reflects the luxury nature of this community. The median sale price per square foot in Lake Sherwood is $743, down 39.8% since last year , while current listings show a median list price per sqft of $821 . This puts Lake Sherwood firmly in the ultra-luxury category, with homes typically ranging from $2 million to $6 million, with premier estates exceeding $10 million .

Lake Sherwood Median Home Prices 2026$3M$2.5M$2M$1.5M$1MLake Sherwood$2.57MCalabasas$1.4MHidden Hills$9.22MWestlake Village$900K

Source: Multiple MLS sources, March 2026

How Has the Lake Sherwood Market Performed This Year?

The Lake Sherwood market has experienced notable shifts in 2026. The Lake Sherwood housing market is somewhat competitive. Homes sell in 60 days , which represents a slower pace than many comparable luxury markets. On average, homes in Lake Sherwood, CA sell after 49 days on the market , according to another data source.

Inventory remains tight in this exclusive enclave. Recent data shows 23 listed homes with an average of 99 days on market and a median list price of $4,450,000 . The market's exclusivity is reinforced by the fact that Lake Sherwood has approximately 660 residences and consists of a guard-gated golf-club community, 3 electronic-gated communities, and lake-view homes along Lake Sherwood Drive .

A significant market catalyst emerged with Rick Caruso's acquisition of the Sherwood Lake Club in February 2026 under an LLC, with alleged plans to develop a Miramar Club like Montecito's Rosewood Hotel . This development has created limited inventory, strong lifestyle appeal, and potential future enhancements making it one of the more desirable luxury markets in Conejo Valley . If you're considering how to sell your home in Lake Sherwood, these market dynamics present both opportunities and challenges for sellers.

How Much Income Do You Need to Buy in Lake Sherwood?

The income requirements for Lake Sherwood homes reflect the community's ultra-luxury positioning. With a 20% down payment of $515,000 and a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $12,970 a month. Using the 28% rule, you would need to make at least $556K a year to afford the median home price .

For higher-end properties, the numbers escalate significantly. In March 2026, with 25% down you would need $14.2K/month to cover expenses and assuming that's 35% of your total monthly income, your total yearly income would need to be $489K for the median-priced home.

Home Price Down Payment (20%) Monthly Payment* Required Income
$2.5M (Median) $500,000 $12,970 $556,000
$4.0M $800,000 $20,752 $889,000
$6.0M $1,200,000 $31,128 $1,334,000
$10.0M $2,000,000 $51,880 $2,223,000

*Includes principal, interest, taxes, insurance at 6.46% interest rate

How Does Lake Sherwood Compare to Hidden Hills and Calabasas?

Lake Sherwood sits among Southern California's most exclusive communities, each with distinct characteristics and price points. Lake Sherwood is an unincorporated community that's nestled in the Santa Monica Mountains and is thought to be the most luxurious community in the Conejo Valley .

Hidden Hills vs Lake Sherwood represents a comparison of ultra luxury enclaves, with Hidden Hills commanding the highest prices in the region. In November 2025, Hidden Hills homes were listed to buy for a median price of $9.22M, with 25% down you would need $49.1K/month to cover expenses and your total yearly income would need to be $1.68M . Home prices go from $5 million to well into the $20-million range in this ultra-exclusive equestrian community.

Calabasas offers more accessible luxury, with family homes ranging from $800,000 to $3mil, with a median home price of $1.4 mil . Houses in Classic Calabasas typically sell for $1.2 to $2.2 million , making it significantly more accessible than both Lake Sherwood and Hidden Hills.

For buyers comparing multiple luxury communities, Westlake Village luxury home buyers often consider Lake Sherwood alongside North Ranch and Westlake Island. Additionally, North Ranch vs Lake Sherwood presents another compelling choice for affluent buyers seeking gated community living.

All three communities share excellent schools through the Las Virgenes School District which is a "Destination School District" with Top API scores (top 2% in state), acceptances to top universities, small class sizes and lowest student to counselor ratio in the region .

What Amenities and Lifestyle Does Lake Sherwood Offer?

Lake Sherwood's amenities center around the prestigious Sherwood Country Club and the historic lake itself. Sherwood Country Club is a private, member owned golf and country club in Lake Sherwood, California set at the base of the Santa Monica Mountains featuring a championship 18-hole Jack Nicklaus signature golf course, driving range and Georgian architecture golf clubhouse .

The club facilities are extensive. There are a total of 12 tennis courts, including 8 hard courts (one with stadium seating), two clay courts and two grass courts. The tennis club also includes an outside sand volleyball court, all of which can be lit for night play, a swimming pool, gymnasium, fitness center, dining room and pub, men's and ladies' locker rooms and a full-service spa .

The lake itself offers unique recreational opportunities. It is a body contact lake, swimming, fishing, SUP and boating allowed , and Lake Sherwood, originally Potrero Lake, is the oldest man-made lake in California. It was built in 1904 and is approximately 165 acres .

Dining options within the community include Sherwood Lake Club's Grille offers Indoor Dining, Lounge & a Covered Terrace for your Enjoyment. Members and their guests may enjoy lunch and dinner Wednesday-Sunday .

For dining beyond the gates, residents frequently visit Mastro's Steakhouse in Thousand Oaks, an OpenTable Diners' Choice winner for 2025, conveniently located near Gardens of the World and the Civic Arts Plaza . Another popular local spot is The Stonehaus in Westlake Village, a restaurant & vineyard where you can unwind with friends while enjoying coffee, wine, and pastries .

Lake Sherwood students attend top-rated schools including Westlake High School with a Niche grade of A+ and a GreatSchools Rating of 10 out of 10 and Westlake Elementary School with a Niche grade of A and a GreatSchools Rating of 8 out of 10 .

Frequently Asked Questions About Lake Sherwood Homes

Is Lake Sherwood a good investment in 2026?

Despite recent price declines, Lake Sherwood remains attractive for long-term investment due to its limited inventory, prestigious location, and recent Caruso acquisition creating potential future value catalysts. With only approximately 660 residences in the community and luxury markets often responding early to high-profile investment interest , the fundamentals support long-term appreciation.

Can you buy a Lake Sherwood home without country club membership?

Yes, home ownership and club membership are separate. The Sherwood Country Club is a separate entity and not owned by the developer. Purchase of a home does not include membership in Sherwood Country Club or any right to use private club facilities . Sherwood's membership is approximately 375 golf members/owners and is by invitation or member referral .

What are the HOA fees and restrictions in Lake Sherwood?

Lake Sherwood consists of multiple gated communities with varying HOA structures. The community maintains strict architectural standards and security protocols. The area consists of a guard-gated golf-club community, 3 electronic-gated communities, and lake-view homes along Lake Sherwood Drive , each with their own fee structures and restrictions.

How does Lake Sherwood compare to other luxury communities for families?

Lake Sherwood excels for families due to exceptional schools and safe environment. Students attend Westlake High School, a public school served by the Conejo Valley Unified School District with a total enrollment of 2,280 and a student-teacher ratio of 24:1 , consistently ranked among California's top public schools with a 99% graduation rate and average SAT score of 1350 .

Thinking About Buying or Selling in Lake Sherwood?

Davis Bartels and the DB Real Estate Group have helped nearly 1,000 families navigate the local market since 2009. Whether you're exploring your options or ready to make a move, reach out for a no-pressure conversation about your goals.

Contact Davis: davisbartels.com