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Quick Facts: The Meadows at Lake Sherwood at a Glance

Price Range $1,500,000 – $2,800,000
Bedrooms 3 to 5
Square Footage 2,400 – 4,000 sq ft
Year Built 1998
HOA Approximately $300/month
Number of Homes Approximately 40
Gated Yes, gated entry
School District Conejo Valley Unified School District (CVUSD)

The Meadows at Lake Sherwood is a small, gated single-family home community in Westlake Village that pairs late-1990s construction with some of the most dramatic mountain and lake proximity in the entire Conejo Valley.

What Is The Meadows at Lake Sherwood Known For?

If you've spent any time in the Lake Sherwood corridor, you already know the feeling: the road narrows, the oak canopy closes in, and the pace of everything slows down. The Meadows sits right at that transition point, tucked behind a gated entry along Sherwood Drive where the Santa Monica Mountains begin to press in from the south. I've shown homes in this community for years, and the first thing buyers notice when they pull through that gate is quiet. Not the artificial quiet of a cookie-cutter subdivision, but genuine topographic quiet that comes from being wedged between a private lake and a mountain range. It doesn't feel like the suburbs. It feels like a destination that happens to have a freeway twelve minutes away.

The community was built in 1998, which puts it firmly in the era of large footprints, vaulted great rooms, and the kind of generous window placement that was fashionable when builders finally had the technology to do it right. Architecturally, these are upscale California traditional homes, blending stucco exteriors with tile rooflines and occasional Tuscan or Mediterranean detailing. The typical buyer I work with here is someone who has already lived in Westlake Village or Thousand Oaks, knows the area thoroughly, and has made a deliberate decision to trade Thousand Oaks Boulevard convenience for genuine seclusion. They're not looking for a starter home. They've been here before, they know what they want, and they've decided that waking up to mountain ridgelines and the stillness of Lake Sherwood is worth the premium.

Floor Plans and Home Styles in The Meadows at Lake Sherwood

The homes in The Meadows are predominantly two-story California traditional designs built by a single developer during the late 1990s buildout. With roughly 40 homes in the community, the tract offers less floor plan variation than larger Westlake developments, but that consistency is part of the appeal. What you get here are big, functional homes built to the standards of the era: large primary suites, formal dining rooms that today's buyers often convert to offices or playrooms, oversized garages, and great rooms with ceilings that run 18 to 20 feet on the premium lots. The square footage range of approximately 2,400 to 4,000 square feet reflects genuine variation between the smaller three-bedroom plans on interior lots and the expanded five-bedroom layouts on the larger parcels that back toward the hillside or open space.

The smaller plans in The Meadows, typically in the 2,400 to 2,800 square foot range, tend to run three to four bedrooms with a ground-floor bedroom or den that functions well as a home office or guest suite. The larger plans push 3,200 to 4,000 square feet and usually carry five bedrooms, a formal living room separate from the family room, and primary suites with soaking tubs, dual vanities, and walk-in closets sized for the lifestyle of the buyer this community was designed for. Lot sizes vary, with some backing to open space or hillside terrain, which eliminates rear neighbors entirely and dramatically increases the privacy quotient.

Renovation patterns in The Meadows track exactly what you'd expect from a community of this vintage and price point. The kitchens are the first to go: original oak or maple cabinetry gets replaced with custom white or two-tone shaker, Calacatta or quartzite counters go in, and sub-zero or Wolf appliance packages follow. Primary baths are the second wave. Homes that have had both done well sell at or above the top of the price range with little negotiation. Homes that haven't been touched since 1998 still sell, but they sit a bit longer and buyers price in the renovation cost. I always tell sellers: the kitchen and bath are not optional upgrades in this price tier, they're table stakes.

What Is It Like to Live in The Meadows at Lake Sherwood?

Saturday mornings in The Meadows have a particular rhythm. The gate closes behind you, the street noise from Thousand Oaks Boulevard disappears almost immediately, and the community settles into a kind of unhurried calm. You'll see residents walking dogs along Sherwood Drive, the occasional cyclist heading out toward the lake corridor, and the kind of neighbor interaction that comes naturally when everyone is an owner in a forty-home community where people tend to stay for a decade or more. There's no transience here. People who buy in The Meadows are putting down roots.

The neighbor profile skews toward established professionals, dual-income couples in their 40s and 50s, and empty nesters who sold larger homes elsewhere in Westlake or Thousand Oaks and decided that size could give way to location. There are families with school-age children, but this isn't a community where you'll find packs of kids riding bikes until sunset the way you might in Three Springs or Lang Ranch. It's quieter, more private. Halloween is low-key but genuine: the gate keeps foot traffic down, residents know each other, and the candy comes from people who've been here long enough to have opinions about what the good houses are. Dogs are everywhere. The community is extremely pet-friendly in culture, even if the HOA governs the usual rules.

For everyday needs, the Gelson's Market at Westlake Plaza is about 4 miles out and serves as the neighborhood grocery anchor for most residents in this part of the Valley. Gelson's is the kind of store that fits this zip code: premium, well-staffed, and genuinely good. A Trader Joe's is available in the Westlake Village corridor as well, roughly the same distance, for residents who prefer a more economical run. Dining out, the options along Thousand Oaks Boulevard and the Promenade are plentiful, including BJ's Restaurant and Brewhouse at 3955 Thousand Oaks Blvd for a casual weeknight dinner, or Stonehaus Winery on Westlake Boulevard for a weekend evening where the patio, the wine selection, and the mountain backdrop combine to remind you exactly why you paid what you paid to live here.

The outdoor access is the genuine differentiator. Residents are sitting minutes from the trailheads of the Santa Monica Mountains National Recreation Area, with access to the Mishe Mokwa Trail, Sandstone Peak, and the Backbone Trail system. The Wishbone Trail above Westlake Village Community Park is a local staple. Triunfo Creek Park, owned and managed by the Santa Monica Mountains Conservancy, offers 600 acres of oak woodland and wildflower meadows essentially in the community's backyard. The City of Westlake Village maintains a dedicated trails page listing the specific routes accessible from this corner of the city. In my experience, buyers who prioritize outdoor access gravitate to The Meadows more consistently than almost anywhere else in the Valley at this price point, and it's easy to understand why once you've stood at that gate on a clear morning with the Santa Monicas lit up behind you.

The Meadows at Lake Sherwood Market Snapshot

The Meadows is one of the tightest micro-markets in the entire Westlake Village real estate landscape, and that tightness is structural, not cyclical. With only approximately 40 homes, annual turnover is minimal. In a typical year you might see two to four homes change hands. That scarcity drives a dynamic where motivated buyers sometimes wait 12 to 18 months for the right property to surface, and sellers rarely need to discount. When a properly prepared home hits the market here, the pool of qualified, pre-approved buyers who have been watching the community is deep relative to the supply.

Pricing in The Meadows has consistently tracked at or above the broader Westlake Village median, which currently sits around $1,650,000. Entry-level homes in the community, meaning smaller plans that haven't been extensively renovated, typically open in the $1.5 million range. Turnkey five-bedroom homes on premium lots with updated kitchens, baths, and outdoor spaces routinely clear $2.3 to $2.8 million. The price-per-square-foot premium over comparable non-gated communities in the area is real and persistent, driven by the gate, the location, and the irreplaceable proximity to open space and the lake corridor.

Metric Value
Current Median Price Approx. $1,950,000 (as of Q1 2026)
Typical Days on Market 21 to 45 days for properly priced homes
Price Trend (Last 12 Months) Flat to modest appreciation (2 to 4%)
Typical Buyer Profile Move-up or lateral buyers, 40s to 60s, cash or large down payment
Inventory Level Tight

The Meadows operates firmly as a seller's market in all but the most distressed broader conditions. Buyers here rarely have the leverage to request significant concessions on well-presented homes. Negotiation dynamics favor sellers, especially in spring, when lifestyle-motivated buyers who want to be settled before the school year are most active. Compared to the broader Westlake Village market, where balanced conditions occasionally appear in slower winter months, The Meadows simply doesn't correct the same way larger, less differentiated communities do. The scarcity premium holds.

Who Should Look in The Meadows at Lake Sherwood?

The move-up family that has already done Westlake Village once. These are buyers who bought in Foxmoor Cove or near White Oak Elementary five years ago, the kids are now in middle school, and they've decided they want more land, more privacy, and a gated community. They've already paid their dues navigating the Conejo Valley, they know CVUSD, and they want to land somewhere they'll stay for the next 10 to 15 years. The Meadows fits that profile exactly. The homes are big enough to grow into, the gate gives parents peace of mind, and the school pipeline feeds directly into Westlake High, which is where they already want their kids.

The empty nester downsizing from a larger estate. I see this often in the Lake Sherwood corridor. A couple selling a 5,000 to 6,000 square foot home in North Ranch or Parkwood Estates, proceeds in hand, looking for something that feels luxurious without the maintenance burden of a large lot or aging custom construction. A turn-key 3,200 square foot home in The Meadows, fully updated, with a manageable yard and HOA-covered common area maintenance, represents an attractive simplification of lifestyle without any sacrifice of address or prestige.

The outdoor-oriented buyer who will not compromise on nature access. This person works in tech, entertainment, or financial services, probably in a hybrid arrangement, and their non-negotiable is trail access out the back door. They've looked in Malibu, they've looked in Hidden Hills, and they've realized that The Meadows gives them proximity to the Santa Monica Mountains, genuine quiet, and the practical infrastructure of Westlake Village within a ten-minute drive, all at a price point well below coastal alternatives.

The 1031 exchange investor or equity-rich repositioner. True rental investors don't typically target The Meadows, but I have worked with buyers using 1031 exchange proceeds to place equity into a lifestyle asset they intend to occupy within the next few years. The relative illiquidity of a 40-home tract is a feature, not a bug, for this buyer. They're not looking for a liquid position. They want durable value in a fundamentally constrained supply environment, and The Meadows delivers that consistently.

Pros and Cons of The Meadows at Lake Sherwood

Pros

  • Gated entry with controlled access provides genuine privacy and security.
  • Immediate proximity to the Santa Monica Mountains trail network, including access to Sandstone Peak and the Backbone Trail system.
  • Late 1990s construction means modern framing standards, dual-pane windows, and copper plumbing throughout (no galvanized issues).
  • Small community of approximately 40 homes creates a genuine neighborhood culture rather than an anonymous subdivision.
  • Among the most supply-constrained communities in Westlake Village, which supports long-term value retention.
  • Direct enrollment pipeline into Westlake High School, one of the top-performing comprehensive high schools in Ventura County.
  • Large floor plans with room counts that accommodate home offices, guest suites, and multi-generational living without feeling cramped.
  • Homes on hillside or open-space-adjacent lots carry permanent privacy on at least one boundary, which cannot be replicated by landscaping elsewhere.

Cons

  • Extremely limited inventory means buyers must be patient and financially ready to move quickly when a home surfaces.
  • HOA approval is required for exterior modifications including paint colors, hardscape changes, and structural additions, which adds a layer of process for renovation-minded buyers.
  • The Lake Sherwood corridor road can carry commuter traffic during morning and evening peak hours, and the single ingress and egress point from Sherwood Drive means residents feel it more directly than communities with multiple exits.
  • Distance from central Westlake Village retail, approximately 4 to 5 miles, makes this a car-dependent address for anything beyond a walk or a trail run.

Schools Serving The Meadows at Lake Sherwood

  • Westlake Elementary School (K to 5) — one of the primary elementary options for this zone
  • White Oak Elementary School (K to 5) — serves portions of western Westlake Village
  • Lang Ranch Elementary School (K to 5) — highly regarded CVUSD elementary in the Westlake Village area
  • Colina Middle School (6 to 8)
  • Westlake High School (9 to 12) — 100 North Lakeview Canyon Road, Westlake Village

All schools listed above fall within the Conejo Valley Unified School District (CVUSD), which serves Thousand Oaks, Newbury Park, and Westlake Village. CVUSD is consistently recognized at the state and national level for academic achievement, including nine National Merit Scholarship semifinalists in the 2026 program year from its high schools alone. Parents in The Meadows typically speak highly of the elementary schools for their small-campus culture and engaged parent communities. The conversation shifts meaningfully at the high school level, where Westlake High's STEM building, AP and honors course offerings, and consistent college placement results are a genuine draw. Buyers with children in the 8 to 12 age range who are doing their due diligence on this community should visit campus, not just read the rankings.

Nearby Amenities and Local Favorites

Grocery

  • Gelson's Market, Westlake Village — approx. 4 miles. Premium full-service grocery with deli, sushi bar, and wine bar. The go-to for residents who want quality without a long drive.
  • Trader Joe's, Westlake Village — approx. 4.5 miles. Reliable, affordable, and perpetually busy. Good for weekly staples and the freezer section.

Coffee & Cafes

  • Stonehaus Winery, Westlake Village — approx. 4 miles. More wine bar than coffee shop, but a community institution. The outdoor patio and fire pits make it a weekend ritual for residents throughout the Lake Sherwood corridor.
  • Westlake Village has multiple Starbucks locations within 4 to 5 miles along the Thousand Oaks Boulevard commercial corridor, the nearest accessible in under ten minutes.

Restaurants

  • BJ's Restaurant and Brewhouse — approx. 4.5 miles, 3955 Thousand Oaks Blvd, Westlake Village. Casual American with a full bar. Reliable weeknight option for families.
  • Mastro's Steakhouse, Thousand Oaks — approx. 6 miles. White tablecloth dining when the occasion calls for it. A perennial favorite for the buyer demographic that ends up in The Meadows.
  • Sienna Deli, Westlake Village — approx. 4 miles. A local institution for quick lunch. Boar's Head meats, solid sandwiches, and the kind of neighborhood familiarity that only comes from a place that has been here long enough to matter.

Parks & Trails

  • Santa Monica Mountains National Recreation Area — trailheads within 2 to 5 miles. Mishe Mokwa Trail, Sandstone Peak (the highest point in the Santa Monica Mountains at 3,111 feet), and the Backbone Trail all accessible from the Lake Sherwood area.
  • Triunfo Creek Park — approx. 3 miles. 600-acre Santa Monica Mountains Conservancy property with deep oak woodland, native grasslands, and spring wildflowers. Popular for trail runners and dog walkers.
  • Wishbone Trail, Westlake Village Community Park — approx. 4 miles. One of the most-used local trails in the city, managed by the Conejo Open Space Conservation Agency (COSCA).

Fitness

  • Equinox, Westlake Village — approx. 5 miles. The premium fitness option for the demographic that buys in this community. Full gym, group fitness, and amenities aligned with the lifestyle.

Medical

  • Los Robles Regional Medical Center — approx. 5 to 6 miles in Thousand Oaks. The primary full-service hospital for this end of the Conejo Valley.

What to Expect When Buying in The Meadows at Lake Sherwood

Buying in The Meadows requires a different posture than buying in a larger, more liquid community. Because only a handful of homes trade each year, the buyers who succeed are those who have done their preparation before a listing appears, not after. That means financing is already fully underwritten (not just pre-approved), a buyer's agent with established relationships in this corridor knows when homes are likely to come available, and the buyer has a clear sense of their ceiling price so there's no hesitation when the time comes. I've watched buyers lose homes here not because they were outbid significantly, but because they needed an extra two days to process the decision and the seller went with someone who moved faster.

From a due diligence perspective, 1998 construction is generally favorable. These homes were built after California's updated seismic and building code standards from the early 1990s took effect, so the structural bones are sound. The typical inspection findings at this age are roof condition (original roofs are reaching end of life on homes that haven't had them replaced), HVAC systems that may be original or first-generation replacements, and water heater age. Galvanized plumbing and aluminum wiring, which are real concerns in 1960s and 1970s Westlake construction, are generally not issues in this vintage. What I do tell buyers to pay attention to is deferred exterior maintenance, particularly stucco and deck waterproofing, which can mask moisture intrusion if ignored for several years in a community this close to a natural water body and hillside terrain.

The HOA structure at approximately $300 per month is modest for a gated community of this caliber. Buyers should request the HOA documents as early as possible and review the reserve study and recent meeting minutes. In a small community like The Meadows, a single large capital expenditure, a gate system replacement, repaving, or landscaping overhaul, can mean a special assessment if reserves aren't adequately funded. That's not a dealbreaker; it's standard due diligence. Closing costs in California typically run 1 to 2 percent of the purchase price for buyers, not including prepaid items and impounds, and commission structures in our current market environment reflect the post-NAR settlement landscape, so confirm the buyer-agent compensation structure upfront.

Frequently Asked Questions About The Meadows at Lake Sherwood

Is The Meadows at Lake Sherwood a good investment?

Yes, with a clear-eyed understanding of why. The combination of extreme supply constraint (approximately 40 homes), irreplaceable location adjacent to the Santa Monica Mountains, and a consistent buyer demographic of high-net-worth move-up and lateral purchasers creates durable value that holds better than larger, more homogeneous communities in comparable price ranges. It is not a high-velocity rental investment, but as a long-term equity hold or lifestyle asset, the fundamentals are strong.

What are the HOA fees in The Meadows at Lake Sherwood?

The HOA runs approximately $300 per month as of 2026. This covers common area maintenance, gate operation, and community landscaping. As with any small HOA, buyers should review the reserve study before close to confirm the fund is adequately capitalized, particularly for gate system and entry infrastructure maintenance.

How are the schools in The Meadows at Lake Sherwood?

Excellent. The community feeds into Conejo Valley Unified School District, one of the strongest public school districts in California. Westlake High School in particular is consistently recognized for academic excellence, AP and honors programming, and a state-of-the-art STEM facility. For buyers with school-age children, this is one of the most compelling aspects of the address.

Is The Meadows at Lake Sherwood family-friendly?

It is family-friendly in the sense that the gate provides genuine security, the homes are large enough for families of any size, and the school pipeline is exceptional. It is not a community where you'll find constant kid activity on the street or organized block parties. Families here tend to be more private, which is exactly what most buyers in this price range are looking for.

How close is The Meadows at Lake Sherwood to the 101 Freeway?

The 101 Freeway at the Lindero Canyon Road or Kanan Road interchanges is approximately 5 to 7 miles from the community, a 10 to 15 minute drive under normal conditions. The drive out Sherwood Drive and Potrero Road to the freeway is scenic and not heavily trafficked outside of peak morning commute windows.

What is the commute to Los Angeles from The Meadows at Lake Sherwood?

Downtown Los Angeles is roughly 37 to 40 miles from The Meadows. On the 101 Freeway, expect 45 minutes in off-peak conditions and 70 to 90 minutes during the peak morning westbound commute. West Los Angeles and the Westside typically run 45 to 60 minutes outside peak hours. Most residents in The Meadows who commute to Los Angeles do so on a hybrid schedule, which makes the location extremely manageable.

Does The Meadows at Lake Sherwood have a community pool or amenities?

The Meadows is a gated single-family home community. HOA amenities are focused on common area maintenance and gate operation rather than resort-style features like a community pool or clubhouse. Residents have private pools on individual lots where the home was built with one or where owners have added them. The community's amenity proposition is location and privacy, not shared recreational infrastructure.

How does The Meadows at Lake Sherwood compare to Lake Sherwood Estates?

Lake Sherwood Estates is the ultra-luxury, ultra-private community immediately adjacent, with pricing that runs from $3 million to well above $15 million for primary lakefront and Sherwood Country Club properties. The Meadows gives buyers a position in the same geographic pocket, the same mountain and lake adjacency, and the same address prestige, at a significantly lower entry point. For buyers who want the Lake Sherwood corridor without the eight-figure price tag, The Meadows is the answer.

Similar Communities to The Meadows at Lake Sherwood

If The Meadows at Lake Sherwood is on your radar but you want to compare options before committing, the communities below are worth understanding. Some compete on price, some on lifestyle, and some on location. None of them are identical to The Meadows, because nothing in the Conejo Valley combines a small gated community, late-1990s construction, and this particular position at the edge of the Santa Monica Mountains. But these are the neighborhoods where buyers who consider The Meadows also spend meaningful time, and I'm happy to walk you through how each one compares.

  • Lake Sherwood Estates — Similar because it occupies the same Lake Sherwood corridor, but at a dramatically higher price point ($3M to $15M+) with direct lake access and Sherwood Country Club adjacency.
  • Three Springs — Similar because it offers large, gated or semi-private single-family homes in the $1.75M to $3M range with mountain proximity and a family-oriented culture, though it sits closer to central Westlake Village retail.
  • Parkwood Estates — Similar because it competes in the $1.5M to $3M price tier with spacious custom and semi-custom homes, though it lacks the gate and the concentrated location near the lake.
  • Windward Shores — Similar because it delivers Westlake Village prestige in the $2M to $3M range with a waterfront orientation, attracting a comparable buyer demographic.
  • Southshore / The Shores — Similar because it represents the pinnacle of lakefront single-family living in Westlake Village, overlapping with The Meadows buyer at the upper end of the price spectrum.
  • Foxmoor Cove — Similar because it serves move-up buyers in the $1.25M to $2M range who want Westlake Village addresses with a community feel, though it is more accessible and less secluded than The Meadows.
  • The Masters Series — Similar because it targets the $1.5M to $2.5M buyer in a planned Westlake community context, competing directly with The Meadows for buyers who want newer construction quality and HOA structure.
  • Braemar Townhomes — Similar in the sense that it represents attached, HOA-governed Westlake Village living, though at the $900K to $1.3M entry level it attracts first-time buyers or those downsizing aggressively rather than The Meadows buyer profile.
  • Westlake Canyon Oaks — Similar because it offers single-family homes in the Westlake Village footprint with a community feel and mountain backdrop, at the $950K to $1.3M price tier for buyers earlier in their move-up journey.
  • Westlake Bay Townhomes — Similar in address and school district, though the attached townhome format and $800K to $1.3M price point serve a fundamentally different buyer than The Meadows single-family detached owner.

About Davis Bartels

Davis Bartels is the founder of the DB Real Estate Group with Pinnacle Estate Properties (CA DRE #00905345). He has