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263 Morro Way 3, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath

263 Morro Way 3, Simi Valley, California 93065 home-pic-0
ACTIVE$999,000
263 Morro Way 3, Simi Valley, California 93065
4Beds
3Baths
2,581Sqft
2,581Lot

Price Vs. Estimate

The estimated value ($1,164,099.91) is $165,099.91 (16%) higher than the list price ($999,000). This property may be underpriced.

Key pros and cons

Top Pros:
Desirable Location & Community: Nestled in the highly sought-after Wood Ranch community, known for its quiet streets, nearby parks, scenic walking trails, and overall desirability in Simi Valley.
Top Cons:
High Association Fee: The property comes with a significant monthly association fee of $466.0, which adds to the overall cost of homeownership.

Compared to the nearby listings

Price:$999.0K vs avg $737.0K (+$262,040)91%
Size:2,581 sqft vs avg 1,486.5 sqft91%
Price/sqft:$387 vs avg $4879%

More Insights

Built in 2018 (7 years old).
Condition: Built in 2018, this property is practically new and exhibits a modern, move-in ready condition. The kitchen features contemporary white shaker cabinets, light countertops, subway tile backsplash, and stainless steel appliances, all in excellent condition. Bathrooms are equally updated with modern vanities, tiled floors, and sleek fixtures. The flooring, lighting, and overall aesthetic throughout the home are current and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' quality standards.
Year Built
2018
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$387
HOA
$466
Days on market
-
Sold On
-
MLS number
225003411
Home ConditionExcellent
Features
Good View: City Lights, Landmark, Mountain(s), Pool
Deck
ViewCity Lights,Landmark,Mountain(s),Pool

About this home

Welcome to this beautifully updated 4-bedroom, 3-bath home nestled in the highly sought-after Wood Ranch community of Simi Valley. This home is move-in ready and radiates comfort and charm. At the top of the stairs, you'll find a cozy upstairs hangout room that is perfect as a lounge, playroom, home office, or media space. Step out onto the upstairs balcony and take in the serene views, making everyday living feel like a getaway. The spacious layout includes a large primary suite with a luxurious walk-in closet and en-suite bath, along with three additional bedrooms offering plenty of room for family or guests. A two-car garage provides ample storage, and the surrounding neighborhood offers quiet streets, nearby parks, and scenic walking trails. Don't miss your opportunity to live in one of Simi Valley's most desirable areas--schedule your private tour today!

Nearby schools

5/10
Madera Elementary School
Public,•K-6•0.9mi
5/10
Wood Ranch Elementary School
Public,•K-6•1.6mi
8/10
Weathersfield Elementary School
Public,•K-5•4.1mi
5/10
Sinaloa Middle School
Public,•6-8•1.2mi
7/10
Los Cerritos Middle School
Public,•6-8•3.9mi
6/10
Royal High School
Public,•9-12•1.8mi
7/10
Thousand Oaks High School
Public,•9-12•4.8mi
Condition Rating
Excellent
Built in 2018, this property is practically new and exhibits a modern, move-in ready condition. The kitchen features contemporary white shaker cabinets, light countertops, subway tile backsplash, and stainless steel appliances, all in excellent condition. Bathrooms are equally updated with modern vanities, tiled floors, and sleek fixtures. The flooring, lighting, and overall aesthetic throughout the home are current and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' quality standards.
Pros & Cons

Pros

Desirable Location & Community: Nestled in the highly sought-after Wood Ranch community, known for its quiet streets, nearby parks, scenic walking trails, and overall desirability in Simi Valley.
Modern & Move-in Ready: Built in 2018 and beautifully updated, this home is move-in ready and radiates comfort and charm, requiring no immediate renovations for new owners.
Versatile Living Spaces: Features a cozy upstairs hangout room perfect for a lounge, playroom, home office, or media space, adding significant functional flexibility.
Excellent Views & Balcony: An upstairs balcony offers serene views, complemented by listed views of City Lights, Landmarks, Mountains, and a Pool, enhancing the living experience.
Spacious & Functional Layout: Boasts a spacious layout with 4 bedrooms, 3 baths, a large primary suite with a luxurious walk-in closet and en-suite bath, and a two-car garage for ample storage.

Cons

High Association Fee: The property comes with a significant monthly association fee of $466.0, which adds to the overall cost of homeownership.
Townhouse Configuration: As a townhouse, it typically implies shared walls and potentially less privacy compared to a detached single-family home, which may not appeal to all buyers.
Limited Private Outdoor Space: The lot size being equal to the square footage (2581 sqft) suggests minimal to no private yard space, which could be a drawback for buyers seeking a larger outdoor area.

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