87 Lake Sherwood Dr, Thousand Oaks, California 91361, Thousand Oaks, - bed, bath

ACTIVE$1,999,999
87 Lake Sherwood Dr, Thousand Oaks, California 91361
5Beds
7Baths
6,282Sqft
24,182Lot
Year Built
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25501645
Home ConditionExcellent
Features
Good View: Hills, Lake
Pool
Patio
ViewHills, Lake
About this home
RTI plans and permits for a contemporary lakefront home with amazing views and private boat dock on Lake Sherwood in Westlake Village. Developer or end user opportunity with lots of upside potential. 6282 square feet, 5 bedroom, 7 baths, theatre room, open concept floor plan opening to large patio with infinity pool with views of lake and surrounding mountains. Plans available for review for interested parties.
Nearby schools
9/10
Westlake Elementary School
Public,•K-5•1.4mi
6/10
Colina Middle School
Public,•6-8•3.2mi
8/10
Westlake High School
Public,•9-12•3.5mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (102 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 70% |
| Baths | 7 | 3 | 96% |
| Square foot | 6,282 | 2,897 | 96% |
| Lot Size | 24,182 | 10,454 | 81% |
| Price | $2M | $2M | 50% |
| Price per square foot | $318 | $693 | 1% |
| Built year | undefined | 1977 | |
| HOA | |||
| Days on market | 257 | 180 | 89% |
Condition Rating
Excellent
The listing describes RTI plans and permits for a contemporary lakefront home. The description mentions a modern design with high-end features like a theatre room, open concept floor plan, and infinity pool. Given that it's a planned contemporary home, the condition is expected to be excellent, with new or virtually new components meeting current quality standards.
Pros & Cons
Pros
Lakefront Location: The property boasts a desirable lakefront location on Lake Sherwood, offering stunning views and private boat dock access.
Development Opportunity: RTI plans and permits are already in place for a contemporary home, presenting a significant opportunity for developers or end-users.
Spacious Design: The planned home features a generous 6282 sqft with 5 bedrooms, 7 baths, a theatre room, and an open concept floor plan, ideal for modern living and entertaining.
Cons
Construction Required: The property requires construction of the planned home, involving time, resources, and potential unforeseen costs.
HOA Fees: Living in Lake Sherwood typically involves HOA fees, which can add to the overall cost of ownership.

