Lake Sherwood Neighborhood Guide

Thistleberry

1950s–2010s · about 80 homes on Upper and Lower Lake Road and the hillside above the west end of Lake Sherwood

395 Upper Lake Road · Listing provided by Team Nicki and Karen, Compass

Thistleberry is the older hillside above the west end of Lake Sherwood: about 80 homes on Upper Lake Road, Lower Lake Road, Stafford Road, Hereford Road, Thorsby Road and Giles Road, in unincorporated Ventura County. The lots were laid out long before the country club, and the homes range from 1950s cabins to houses built in the 2000s and 2010s, on lots of about a quarter to a third of an acre.

Highlighted area is the footprint of Thistleberry, drawn from the parcels in Ventura County records. Labels mark the other Lake Sherwood neighborhoods; click one to open its guide.

Guard-gatedThistleberry is one of seven guard-gated communities in Westlake Village, with a staffed gate around the clock.

Homes for sale and recently sold in Thistleberry

Listings and sales inside the Thistleberry outline on the map above, from the CSMAR multiple listing service. They update as agents post them.

In escrow in Thistleberry

Under contract but not yet closed — the closest read on what buyers are paying today.

Nothing in Thistleberry is in escrow right now.

Thistleberry quick facts

Where is Thistleberry?On the hillside roads above the west end of Lake Sherwood, off Potrero Road: Upper Lake Road, Lower Lake Road, Stafford Road, Hereford Road, Thorsby Road and Giles Road. It is in unincorporated Ventura County with Westlake Village or Thousand Oaks addresses.
When was it built?The lots are among the oldest at the lake. Homes range from the 1950s to the 2010s.
Who built it?The homes were built individually. The MLS lists the area as Thistleberry/Sherwood-765, though some listings use Lake Sherwood-762.
How many homes?About 80.
How big are the homes?From about 1,300 square feet for the older homes to about 4,000 for newer ones, with a median of about 2,700.
How big are the lots?Mostly 10,000 to 17,000 square feet, on a slope.
Which schools?Conejo Valley Unified: listings show Westlake Elementary, Colina Middle School and Westlake High School.
What are homes selling for?7 homes sold in the last two years, from $2,000,000 to $3,850,000, with a median of $2,900,000.

Thistleberry HOA dues

What are the HOA dues?There is no neighborhood association. Homes pay the Lake Sherwood lake association; a 2023 listing showed $1,554 a year. Confirm the current amount in escrow.

The homes

The hillside

Thistleberry covers the older lots on the hill above the west end of the lake, recorded decades before the country club was built around them. Upper Lake Road holds the most homes. Many original cabins and small houses have been remodeled or replaced, so a street can mix a 1950s cottage with a 2016 house. The lake view and the road access make the most difference in price.

The homes

Every house is different. Older homes of about 1,300 to 1,800 square feet with two or three bedrooms sit next to newer houses of about 3,000 to 4,200 square feet with four bedrooms.

Owning here

The lake association

There is no neighborhood association, but homes belong to the Lake Sherwood lake association, which manages the private lake. A 2023 listing showed $1,554 a year. Ask for the current figure and what it covers.

Schools

Thistleberry is in the Conejo Valley Unified School District. Listings show Westlake Elementary, Colina Middle School and Westlake High School; confirm the assignment for a specific address with the district.

Getting around

Potrero Road runs east to Westlake Boulevard and the 101, about ten minutes away.

What to check

Older homes may have original wiring, plumbing and foundations, and some have been added to over the years; check permits with Ventura County. On the hillside, check drainage, slopes and brush clearance, and get an insurance quote early.

Other gated communities nearby

Prices

Thistleberry market at a glance

Homes, townhomes and condos (no rentals) from the MLS. These numbers refresh every night as listings go active, pending or sold. Last updated Nov 2, 2026 at 3:52 pm.

$2,900,000Median sold price
51Avg. days on market
97.5%Sold-to-list price
i

Absorption rate shows how fast homes are selling. It takes the homes for sale today and divides them by the number of homes that sold per month over the last 24 months.

The answer is how many months it would take to sell every home on the market if no new listings came up. Under about 3 months usually means a seller’s market, 3 to 6 months is balanced, and over 6 months favors buyers.

Right now about 15% of the homes for sale in Thistleberry are selling each month.

6.9 monthsAbsorption rateBuyer’s market
2For sale now
0Pending / in escrow
7Sold, last 24 months
0.3Sales per month

See the full Thistleberry market report →

Median sold price and homes sold, by quarter

Thistleberry median sold price and number of sales by quarter$3.57M2$3.05M$2.52M$2M0Q4 '24 · Homes sold: 1Q4 '24Q1 '25 · Homes sold: 2Q1 '25Q2 '25 · Homes sold: 1Q2 '25Q3 '25 · Homes sold: 0Q3 '25Q4 '25 · Homes sold: 0Q4 '25Q1 '26 · Homes sold: 2Q1 '26Q2 '26 · Homes sold: 0Q2 '26Q3 '26 · Homes sold: 1Q3 '26Q4 '24 · Median sold price: $2.21MQ1 '25 · Median sold price: $3.36MQ2 '25 · Median sold price: $2.9MQ1 '26 · Median sold price: $2.93MQ3 '26 · Median sold price: $2.4M
Homes soldMedian sold price

Days on market and sold-to-list price, by quarter

Thistleberry days on market and sold-to-list price by quarter101.7%11598.0%7794.4%3890.7%0Q4 '24 · Avg. days on market: 26Q4 '24Q1 '25 · Avg. days on market: 23Q1 '25Q2 '25 · Avg. days on market: 115Q2 '25Q3 '25 · Avg. days on market: 0Q3 '25Q4 '25 · Avg. days on market: 0Q4 '25Q1 '26 · Avg. days on market: 64Q1 '26Q2 '26 · Avg. days on market: 0Q2 '26Q3 '26 · Avg. days on market: 45Q3 '26Q4 '24 · Sold-to-list price: 100.2%Q1 '25 · Sold-to-list price: 99.7%Q2 '25 · Sold-to-list price: 93.5%Q1 '26 · Sold-to-list price: 96.5%Q3 '26 · Sold-to-list price: 92.2%
Avg. days on marketSold-to-list price

Based on 7 sales in the last 24 months (fewer than 6 sold in the last 12, so two years are used). Charts cover the last 8 full quarters. Source: CSMAR MLS and its data-share MLSs. Information deemed reliable but not guaranteed.

Recent sales

7 homes sold in the last two years, from $2,000,000 to $3,850,000, with a median of $2,900,000. Older homes of about 1,300 to 1,800 square feet sold from $2,000,000 to $2,395,000; newer homes of about 3,100 to 4,250 square feet on Stafford Road from $3,250,000 to $3,850,000.

How it compares

The lakeside homes on Lake Sherwood Drive, on the water, sell for more. Sherwood Country Club, around the golf course, has larger homes at much higher prices. Thistleberry is the most varied and often least expensive way to live at the lake.




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