117 Macademia Lane, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath
117 Macademia Lane
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 117 Macademia Lane, Simi Valley, California 93065 reveals a Fairly Priced Property with a current list price of $919,950 aligned with the estimated $919,950 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 117 Macademia Lane Subject | $919,950* List Price | 3 | 3 | 1,936 | $475 | - |
A 581 Galloping Hill Road Sold | $1,000,000 | 3 | 3 | 1,864 | $536 | 0.5 mi |
B 42 Skyflower Lane Sold | $755,000 | 3 | 3 | 1,705 | $443 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 1998, has undergone extensive recent renovations, making it virtually new inside. The description explicitly states 'most everything has been redone,' including new plumbing, new flooring (water-resistant wood-like downstairs, new carpet in bedrooms), new interior paint, and new toilets. The kitchen features new appliances (gas 5-burner stove, dishwasher, garbage disposal), white cabinets with new hardware, new faucet, and granite counters, all appearing modern and pristine in the images. Bathrooms also show modern updates and are in excellent condition. An AC unit is visible in the backyard, addressing the cooling system. The overall condition, supported by the detailed description of recent upgrades and the visual evidence, aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Renovations
The home has undergone significant rehabilitation, including new plumbing (hot and cold water), new flooring throughout (carpet in bedrooms, water-resistant wood-like downstairs), and fresh interior paint, ensuring a modern and well-maintained interior.
- Move-in Ready Condition
Described as 'move-in ready,' the property requires no immediate updates or repairs, allowing buyers to settle in without additional investment or effort.
- Modernized Kitchen
The kitchen features new appliances (Gas 5 Burner Stove, Dishwasher, Garbage Disposal), white cabinets with new hardware, a new faucet, and granite counters, offering a contemporary and functional cooking space.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1936, living area = 1936.
- Unmentioned Cooling System
The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback during warmer months in Simi Valley.
- Small Lot Size
The lot size is listed as 1936 sqft, which is identical to the interior square footage, suggesting very limited or no private outdoor space, which may not appeal to all buyers.
About 117 Macademia Lane
Beautiful, move in ready 3 bed 2 1/2 bath home in Laurelwood Gated Community in Wood Ranch. Most everything has been redone.Home has been rehabbed and is ready for you. New appliances, Gas 5 Burner Stove, Dishwasher and Garbage Disposal. Kitchen has white cabinets, pantry, new faucet and even new Hardware on cabinets, and Granite counters. Home has been re-plumbed both hot and cold water. There are new toilets, and new flooring. Carpet in bedrooms, and new water resistant wood like flooring downstairs, all baths, laundry room and stairs. And of course new paint inside. There is also plenty of closet space. You won't be disappointed. Come take a look!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 1,936 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $149.0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Madera Elementary School
Grades K-6 • 0.8 mi
Wood Ranch Elementary School
Grades K-6 • 1.7 mi
Weathersfield Elementary School
Grades K-5 • 4.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,936 | 1,837.5 | 53% |
| Lot Size | 1,936 | 6,969 | 5% |
| Price | $920.0K | $850.0K | 62% |
| Price per sq ft | $475 | $476 | 50% |
| Built year | 1998 | 1976 | 78% |
| HOA | $149.0 | $0 | 80% |
| Days on market | 145 | 178 | 31% |
Pricing History
Listed for Sale
Mar 4, 2026
$919,950
$939,950
-2% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$939,950
$959,950
-2% Price Drop
Initial Listing
Price Change
Oct 13, 2025
$959,950
Initial Listing
Sold
Jul 18, 2001
$334,000
Public Record
Sold
Jun 30, 1998
$258,500
Public Record