If you've been following the buzz around Lake Sherwood, you've probably heard the name Caruso mentioned more than once lately. Earlier this year, the developer behind some of Southern California's most talked-about destinations quietly acquired the longtime Sherwood Lake Club, and now we know what's next: a full transformation into the Miramar Lake Club, opening this fall.
To be clear, the golf course itself isn't new. Sherwood Lake Club has long been home to an 18-hole, par-3 course built from Jack Nicklaus's own portfolio of designs, known locally as the first "Bear's Best" par-3 course in the country. What's changing is everything around it. Caruso is giving the course and its surrounding facilities a top-to-bottom renovation, and for those of us who live in this pocket of Ventura County, that's the kind of announcement that makes the whole neighborhood feel a little more special.
What's Actually Changing
The Nicklaus-designed course remains the heart of the club, and Caruso is leaning into just how rare it is: only one other course like it exists anywhere in the world, and this remains the only one in the United States. Each hole draws from some of Nicklaus's most iconic designs across the globe, built at a scale that welcomes newer golfers while still giving experienced players plenty of strategic bite. Caruso's timing tracks with a broader trend: golf participation nationally has jumped more than 50% over the last decade, and a lot of that growth is coming from people who want golf to feel more social and less stuffy.
The course is really just the anchor for a much bigger lifestyle upgrade around it. Plans call for an 18,000-square-foot clubhouse, a resort-style pool, state-of-the-art fitness and training facilities, wellness amenities, and a culinary program built around a signature restaurant (with a chef announcement still to come). Add in a full calendar of social events, and the Miramar Lake Club starts to look less like a refresh of an existing club and more like a full-time gathering place for the community.
As Caruso Founder and Executive Chairman Rick Caruso put it, "The Miramar Lake Club is our vision for where golf is heading; more welcoming, more dynamic, and deeply rooted in experience." That philosophy tracks with what Caruso has already built at the Miramar Beach Club in Montecito, which serves as this new club's sister property and gives us a preview of the level of design and service Lake Sherwood residents can expect.
Why This Matters if You Live Here (or Want To)
For current homeowners in Lake Sherwood, an amenity of this caliber is the kind of investment that tends to lift the whole neighborhood's profile. A private, hospitality-led club with a Nicklaus-designed course and this level of polish doesn't just add a nice perk for members; it reinforces Lake Sherwood's reputation as one of the most desirable gated communities in the Conejo Valley and Southern California.
For anyone considering a move to the area, it's worth watching closely. Announcements like this one often shift buyer interest even before the doors open, and I'd expect the Miramar Lake Club to be a talking point in showings and conversations around Lake Sherwood real estate well before its fall debut.
Want to Know More?
If you're curious about what this means for home values in Lake Sherwood, or you'd like to see what's currently available in the community, I'd love to help. Reach out anytime at [email protected], and I'll keep you posted as more details on the Miramar Lake Club — including membership information — become available.
Details on membership, pricing, and the club's opening date will be shared by Caruso closer to the fall 2026 launch. For the latest, visit miramarlakeclub.com.
Michelle Price is a Realtor and resident of Lake Sherwood, with Michelle Price Realty Group, specializing in Lake Sherwood and the greater Conejo Valley luxury real estate market.
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