
Simi Valley, California 93065
This High-Potential Investment Opportunity is listed at a List Price of $995,000, positioned well below the $1,039,272 Fair Market Value by 4%. This valuation gap provides $44,272 in Instant Equity. Featuring a Condition Rating of 3, the home offers a modernized kitchen and a 5-bedroom layout on a massive 46,173 sqft lot. With significant ADU potential and panoramic mountain and valley views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation and development flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2167 Stoneman Street Subject | $995,000* List Price | 5 | 2 | 2,098 | $495 | - |
A 2161 Stoneman Street Active | $1,125,000 List Price | 3 | 3 | 2,332 | $482 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1976 but features a recently remodeled kitchen with stainless steel appliances, stone countertops, and updated laminate flooring. The interior is move-in ready and well-maintained, though the exterior wood patio covers show significant weathering and need maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46173, living area = 2098.
Situated on over an acre of gated land with a private driveway, this property offers exceptional privacy and significant space for RV parking and recreational vehicles.
The large, usable flat pad and legal parcel size provide a rare opportunity for future improvements, such as an ADU or additional structures, subject to local zoning approvals.
A significant $100,000 price reduction within the first 20 days of listing may indicate initial overvaluation, potentially impacting buyer perception of market value.
While the kitchen is remodeled, the 1976 construction suggests that other original components or bathrooms may require further modernization to match the updated living areas.
Tucked behind a private gate, 2167 Stoneman sits on more than an acre of land, creating a unique setting with tremendous privacy, flexibility and long-term potential. A wide, private driveway serves both properties and is substantial enough to provide each residence with its own side of the drive, giving the two homes a sense of separation. The property also offers RV access, providing additional flexibility for RVs, recreational vehicles, trailers or other large vehicles.This highly sought after single story FIVE bedroom configuration has an open floorpan centered around a remodeled kitchen. The rooms flow seamlessly into the family and living areas, creating one expansive gathering space where friends and family can comfortably come together. The living room has vaulted ceilings and a wood burning fireplace. The dining room has a slider onto a beautiful patio. Situated on its own legal parcel of more than an acre, the property may also offer potential for additional improvements or ADUs, subject to applicable zoning, development standards and governmental approvals.The residence is positioned to take full advantage of the surrounding landscape, with impressive views enjoyed from numerous rooms throughout the home.A large, usable flat pad is located above the residence and provides additional space to explore a variety of future uses. The parcel continues well beyond the immediate improvements, with property lines extending far up the hillside and creating a remarkable sense of space and privacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,098 | 1,735.527 |
| Lot Size | 46,173 | 7,383.872 |
| Price | $995.0K | $868.9K |
| Price per sq ft | $474 | $499 |
| Built year | 1976 | 1970 |
| HOA | $0 | $160 |
| Days on market | 22 | 50 |
Sep 5, 2026
$995,000
$1,095,000
-9% Price Drop
Initial Listing
Aug 18, 2026
$1,095,000
Initial Listing