Lake Sherwood Neighborhood Guide

Upson

1920s–1930s · the oldest section of Lake Sherwood, a small group of lots on Lake Sherwood Drive

461 Lake Sherwood Drive · Listing provided by Team Nicki and Karen, Compass

The Upson Tract is the oldest section of Lake Sherwood: a small group of lots on Lake Sherwood Drive near Potrero Road, where some of the first lake cabins went up in the 1920s and 1930s. It is in unincorporated Ventura County. With so few homes, sales are very rare.

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

Not gatedUpson is not a gated community.

Homes for sale and recently sold in Upson

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

Upson quick facts

Where is Upson?On Lake Sherwood Drive near Potrero Road, at Lake Sherwood. It is in unincorporated Ventura County with Westlake Village or Lake Sherwood addresses.
When was it built?The tract dates from the 1920s and 1930s; some homes have been rebuilt since.
Who built it?The homes were built individually. The MLS lists it as Upson/Sherwood-763.
How many homes?About 15 to 20 lots.
How big are the homes?They vary widely, from small cabins of under 800 square feet to rebuilt homes.
How big are the lots?From small lots to about a third of an acre.
Which schools?Conejo Valley Unified: listings show Westlake Elementary, Colina Middle School and Westlake High School.
What are homes selling for?3 homes sold in the last two years, from $4,045,000 to $5,500,000, with a median of $4,300,000.

Upson HOA dues

What are the HOA dues?There is no neighborhood association. Homes belong to the Lake Sherwood lake association; confirm the current amount in escrow.

The homes

The tract

Lake Sherwood was a small lake community for decades before the country club and gated neighborhoods were built around it. The Upson Tract, subdivided in the 1920s, is its oldest section. Some original cabins remain; others have been replaced.

Owning here

The lake association

There is no neighborhood association. Homes belong to the Lake Sherwood lake association, which manages the private lake. Ask for its current dues and rules in escrow.

Schools

Upson 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.

What to check

A home from the 1930s may have original foundations, wiring and plumbing, and additions made over decades may not have permits. Ventura County handles permits here. A thorough inspection and a survey are worth doing.

Prices

Upson 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 3, 2026 at 12:30 am.

$4,300,000Median sold price
50Avg. days on market
93.5%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 2% of the homes for sale in Upson are selling each month.

64.0 monthsAbsorption rateBuyer’s market
8For sale now
1Pending / in escrow
3Sold, last 24 months
0.1Sales per month

See the full Upson market report →

Median sold price and homes sold, by quarter

Upson median sold price and number of sales by quarter$5.76M1$5.1M$4.44M$3.78M0Q4 '24 · Homes sold: 1Q4 '24Q1 '25 · Homes sold: 0Q1 '25Q2 '25 · Homes sold: 1Q2 '25Q3 '25 · Homes sold: 0Q3 '25Q4 '25 · Homes sold: 0Q4 '25Q1 '26 · Homes sold: 0Q1 '26Q2 '26 · Homes sold: 1Q2 '26Q3 '26 · Homes sold: 0Q3 '26Q4 '24 · Median sold price: $5.5MQ2 '25 · Median sold price: $4.3MQ2 '26 · Median sold price: $4.05M
Homes soldMedian sold price

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

Upson days on market and sold-to-list price by quarter107.2%56101.8%3796.5%1991.2%0Q4 '24 · Avg. days on market: 56Q4 '24Q1 '25 · Avg. days on market: 0Q1 '25Q2 '25 · Avg. days on market: 52Q2 '25Q3 '25 · Avg. days on market: 0Q3 '25Q4 '25 · Avg. days on market: 0Q4 '25Q1 '26 · Avg. days on market: 0Q1 '26Q2 '26 · Avg. days on market: 42Q2 '26Q3 '26 · Avg. days on market: 0Q3 '26Q4 '24 · Sold-to-list price: 93.3%Q2 '25 · Sold-to-list price: 93.5%Q2 '26 · Sold-to-list price: 105.1%
Avg. days on marketSold-to-list price

Based on 3 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

Sales are rare. 3 homes sold in the last two years, from $4,045,000 to $5,500,000, with a median of $4,300,000. In May 2024 a 777-square-foot two-bedroom cabin built in 1932, on about 15,900 square feet, sold for $909,000.

How it compares

Thistleberry, on the hillside above the west end of the lake, is the other older section, with more homes and more frequent sales. The lakeside homes on Lake Sherwood Drive are larger and much more expensive.




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