Direct AnswerLake Sherwood and the Sherwood Country Club area form the ultra-luxury apex of the Westlake Village / Conejo Valley market: a gated, golf-and-lake enclave of estates set against the Santa Monica Mountains, trading well above Westlake Village's already-high ~$1,612,000 median (June 2026) and into the multi-million tier. Buyers at this level are weighing four things competitors rarely address together: the membership structure (the country club, with its championship golf, is a separate membership — home ownership does not convey it), lake access and waterfront rights (which vary by enclave), the genuine privacy and security of the gated communities, and the fire-insurance reality of a mountain-edge luxury property, where Very High Fire Hazard Severity Zone status and high replacement values make coverage a real and sometimes complex line item. This guide treats all four honestly; verify membership, HOA, and insurance specifics directly.

The apex of the Conejo market

Sherwood is where Westlake Village's luxury tier peaks — estate lots, championship golf, the lake, and gated privacy against the mountains. The Westlake Village pillar covers the broader market; this is the top of it.

The four things buyers must understand

How the tier trades

At this level, comps are thin and each estate is somewhat unique — lot, view, waterfront, privacy, and finish all swing value materially. Representation that understands the membership, the enclaves, and the insurance is the difference between an informed purchase and an expensive surprise. The waterfront-specific market is in the Island guide; corporate buyers see the relocation guide.

Market context

MarketMedian priceDays on marketSchool district(s)
Westlake Village$1,612,00027LVUSD (LA side) / CVUSD (Ventura side)
Calabasas$2,220,00034Las Virgenes Unified (LVUSD)
Oak Park$1,362,00021Oak Park Unified (OPUSD)

Figures from /data.json, the site’s canonical data file (June 2026). Always verify current numbers.

Frequently asked questions

Does buying in Sherwood include country club membership?

No. Sherwood Country Club membership — golf, dining, and amenities — is separate from home ownership. Buying a home in the area does not convey membership; confirm the membership structure and availability directly with the club.

Is Lake Sherwood in a fire zone?

Much of the Sherwood / mountain-edge area falls in or near a Very High Fire Hazard Severity Zone, which, combined with high replacement values, makes insurance a real and sometimes complex line item. Price coverage before removing contingencies.

Do all Sherwood homes have lake access?

No — lake access and waterfront rights vary by enclave and property. Verify exactly what a specific home conveys rather than assuming, since it materially affects both lifestyle and value.

Work with Brian Cooper

20+ years and $100M+ closed across Ventura County, the San Fernando Valley, and the Conejo Valley. Direct, data-first representation — you work with Brian, not a hand-off.

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Market figures are approximate and refreshed monthly from MLS and public-record data; school boundaries, tax rates, insurance availability, and program rules change — verify all details independently before making decisions. Brian Cooper, REALTOR® · DRE# 01434286 · eXp Realty · Equal Housing Opportunity.