
Simi Valley, California 93065
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $939,999—positioned well below the $956,245 Fair Market Value by 1.7%. This valuation gap offers $16,246 in Instant Equity. The property maintains a Good Condition Rating, featuring a Resort-Style Backyard with a pool and spa, plus Fully Owned Solar. With its versatile bonus square footage and energy-efficient upgrades, this home is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers prioritizing long-term utility savings.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2048 Shelby Lane Subject | $939,999* List Price | 4 | 3 | 2,037 | $469 | - |
A 2467 Marisa Sold | $850,000 | 4 | 2 | 1,729 | $492 | 0.5 mi |
B 2075 Sherman Sold | $915,000 | 4 | 2 | 1,787 | $512 | 0.1 mi |
C 1559 Buckskin Avenue Sold | $750,000 | 3 | 2 | 1,854 | $405 | 1.0 mi |
D 2165 Malcolm Street Sold | $837,000 | 4 | 2 | 1,580 | $530 | 0.5 mi |
E 2092 Cutler Street Sold | $940,000 | 4 | 3 | 2,040 | $461 | 0.9 mi |
F 1536 Earl Avenue Sold | $860,000 | 4 | 3 | 1,725 | $499 | 0.5 mi |
G 1940 Arcane Street Sold | $947,000 | 4 | 3 | 2,482 | $382 | 0.8 mi |
H 1868 Cloud Court Sold | $843,000 | 4 | 2 | 1,462 | $577 | 0.3 mi |
I 2031 Morning Glory Active | $899,900 List Price | 4 | 3 | 1,927 | $467 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property is well-maintained and move-in ready with significant system upgrades including a newer roof, dual HVAC systems, and fully owned solar. The kitchen features stainless steel appliances and granite countertops, though the oak cabinetry reflects an older renovation (>15 years). The addition of dual-pane windows and artificial turf further supports a 'Good' rating.
The private outdoor retreat is a standout feature, boasting a swimming pool, both in-ground and above-ground spas, and a fire pit, perfect for high-end entertaining.
The home features fully owned solar for both the residence and pool, paired with artificial turf, offering significant long-term savings on utilities and landscaping.
A fully permitted 460-square-foot enclosed patio off the primary bedroom plus a main-floor patio room provide exceptional flexible space for a home office, gym, or media room.
The property listing indicates no specific views, which may be a drawback for buyers seeking the scenic vistas often found in the Simi Valley hillsides.
Built in 1974, the home may still possess some original layout characteristics or infrastructure elements that feel dated compared to contemporary new-construction standards.
Welcome to 2048 Shelby Lane in Simi Valley, a spacious and beautifully upgraded 4-bedroom, 3-bath home designed for comfortable everyday living and exceptional indoor-outdoor entertaining. Step outside to your own private backyard retreat featuring a swimming pool, in-ground spa, above-ground spa and fire pit—perfect for relaxing or entertaining family and friends. Fully owned solar for both the home and pool adds energy efficiency, while low-maintenance artificial turf in the front and back yards keeps the outdoor spaces looking great year-round. Inside, the home offers plenty of room to spread out, including an enclosed main-floor patio room and a fully permitted 460-square-foot enclosed patio off the primary bedroom, providing wonderful additional space for a home office, gym, retreat, media room or other flexible use. Additional features and upgrades include dual-pane windows, a newer roof, two heating and air-conditioning systems, ceiling fans in all bedrooms, generator, storage sheds, and possible RV access. With its generous living spaces, extensive upgrades, energy-saving features and resort-style backyard, this home offers so much more than a typical 4-bedroom home. A wonderful opportunity to enjoy the Southern California lifestyle in Simi Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,037 | 1,735.527 |
| Lot Size | 7,840 | 7,383.872 |
| Price | $940.0K | $868.9K |
| Price per sq ft | $461 | $499 |
| Built year | 1974 | 1970 |
| HOA | $0 | $160 |
| Days on market | 26 | 50 |
Aug 14, 2026
$939,999
Initial Listing
Nov 5, 1996
$199,000
Public Record