
Simi Valley, California 93065
This Versatile Multi-Generational Estate is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,478,718 Fair Market Value by 8%. This valuation gap provides $129,718 in Instant Equity. Boasting a Condition Rating of 3, the home features a rare separate-entry apartment and sits on a massive 27,000 sq ft cul-de-sac lot in the prestigious Long Canyon Estates. With recent functional upgrades and access to four community pools, it balances rental potential with a premium lifestyle. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 Forrester Court Subject | $1,349,000* List Price | 5 | 5 | 2,750 | $527 | - |
A 637 Bluegrass Street Sold | $1,725,000 | 5 | 4 | 3,268 | $528 | 0.5 mi |
B 1320 Nonchalant Drive Sold | $1,259,000 | 4 | 3 | 2,460 | $512 | 0.8 mi |
C 922 Carefree Drive Sold | $1,425,000 | 4 | 4 | 2,714 | $525 | 1.0 mi |
D 454 Longbranch Road Sold | $1,550,000 | 3 | 3 | 2,539 | $610 | 0.8 mi |
E 304 Chelan Sold | $1,615,000 | 4 | 3 | 2,632 | $614 | 0.8 mi |
F 351 Buckboard Circle Active | $1,399,000 List Price | 4 | 3 | 2,296 | $609 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000 (24 years old), the property is well-maintained and move-in ready. It features significant recent functional upgrades including two new AC units, new kitchen appliances, fresh interior paint, and new carpeting in several bedrooms. While the kitchen cabinetry and bathroom tile work reflect the original 2000s aesthetic, the systems are updated and the home requires no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27007, living area = 2750.
The property features a rare separate-entry apartment, offering exceptional flexibility for rental income, a private home office, or multi-generational living arrangements.
Situated on a massive 27,000 sq ft lot at the end of a private cul-de-sac with no neighbor on one side, providing unparalleled privacy and outdoor space for the area.
At 2,750 sq ft for a 5-bedroom home, the interior layout may feel somewhat constrained compared to other luxury residences on similarly sized lots.
The assigned local elementary and middle schools carry mid-range ratings, which may be a drawback for buyers specifically seeking top-tier educational districts.
SELLER WILL CONSIDER A RATE BUYDOWN! Welcome to an exceptional residence in the prestigious guard-gated Long Canyon Estates of Wood Ranch in Simi Valley--where privacy, space, and versatility define the lifestyle. With 4 community pools, paths, and tree lined streets where life slows down, this neighborhood is a refuge from hectic urban life.Positioned at the end of a private cul-de-sac street with an expansive almost 27,000 sq ft lot, this property offers a rare and highly desirable setting--with no close neighbor on one side, creating added privacy, openness, and a true sense of retreat.This spacious two-story home features 5 bedrooms and 5 bathrooms with a two story, light-filled entry and sweeping staircase with custom tilework. The large kitchen and great room serve as the heart of the home, offering an open, functional layout ideal for both everyday living and entertaining. There are two interior fireplaces that add warmth and charm, including one in the primary suite for a cozy, elevated retreat.The third fireplace is in the backyard and is wood-burning.A standout feature is the separate-entry apartment--providing exceptional income-producing potential or the perfect setup for multi-generational living, long-term guests, or a private office. This flexible space significantly enhances both the usability and long-term value of the property.Recent upgrades include fresh interior paint, two new AC units, new appliances, and new carpet in 3 of the upper-level bedrooms, delivering modern comfort to this move-in-ready home.The outdoor spaces are designed for both beauty and ease. Beyond the kitchen-great room is a low-maintenance rear yard with extensive hardscaping and views to the hillside maintained by the HOA. The setting offers privacy and tranquility with a lovely fountain as well as a raised seating area that includes the third wood-burning fireplace. Step through the Spanish arch to an adjacent ''secret garden,'' complete with another tranquil, bubbling fountain, grassy expanse and separate gate to the front of the house. This property offers the ideal setting for relaxing evenings and entertaining under the stars.Residents enjoy close proximity to one of the community pools located just at the end of the street, along with access to three additional pools, spas, and clubhouses within this secure, guard-gated community. The neighborhood is known for its tree-lined streets, scenic walking trails, and peaceful natural surroundings, with protected open space and recreational areas nearby.Located in one of Simi Valley's most coveted areas and nestled near protected open space. this area is recognized as one of the safest pockets in Southern California. The development is near the Ronald Reagan Presidential Library and surrounded by breathtaking natural beauty. There are endless opportunities for outdoor activities such as mountain biking and hiking with numerous, protected trails off Long Canyon Road.Combining a premium cul-de-sac location, oversized lot, income-generating potential, and thoughtful updates, this property presents a rare opportunity for buyers seeking comfort, flexibility, and long-term value.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 1.9 mi
Grades K-5 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 2,750 | 1,824.5 | 84% |
| Lot Size | 27,007 | 7,840 | 95% |
| Price | $1.35M | $867.5K | 85% |
| Price per sq ft | $491 | $504 | 46% |
| Built year | 2000 | 1973 | 84% |
| HOA | $263.0 | $0 | 91% |
| Days on market | 49 | 149 | 5% |
Apr 25, 2026
$1,349,000
Initial Listing
Dec 28, 2004
$855,000
Public Record
Dec 28, 2004
$855,000
Public Record
Jul 1, 2003
$682,000
Public Record
Sep 12, 2000
$462,000
Public Record