2671 Coral Gum Lane, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath

2671 Coral Gum Lane, Simi Valley, California 93065 home-pic-0
ACTIVE UNDER CONTRACT$710,000
2671 Coral Gum Lane, Simi Valley, California 93065
4Beds
3Baths
1,785Sqft
9,999Lot

Price Vs. Estimate

The estimated value ($710,000) is $0 (0%) lower than the list price ($710,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9999, living area = 1785.
Top Cons:
High Association Fee: The monthly association fee of $403 is substantial and adds significantly to the overall cost of homeownership.

Compared to the nearby listings

Price:$710.0K vs avg $852.0K ($-142,000)14%
Size:1,785 sqft vs avg 1,800 sqft48%
Price/sqft:$398 vs avg $48020%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old but appears exceptionally well-maintained and move-in ready. The kitchen features granite countertops, a new dishwasher, stainless steel microwave and refrigerator, and under-cabinet lighting, though the cabinet style is a bit dated. Hardwood floors downstairs and clean carpets upstairs contribute to a solid interior. The primary bathroom boasts a separate tub and shower with a double vanity, indicating good quality. While not extensively renovated to a 'like-new' standard, all major systems and finishes are functional, clean, and show minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Year Built
2004
Close
-
List price
$710K
Original List price
$725K
Price/Sqft
$398
HOA
$403
Days on market
-
Sold On
-
MLS number
V1-32727
Home ConditionGood
Features
Patio
View-

About this home

Sycamore Shade is a beautiful gated community, features pool and spa and ample guest parking. This property is a end unit 4+3 over 1700 sq ft. 2 car garage, open floor plan, hardwood floors downstairs, fireplace in living room, granite countertops and backsplash in kitchen, new dishwasher, kitchen sink with island, 4 burner gas stove & oven, built in microwave, beautiful kitchen cabinets with under cabinet lighting. Interior Features include vaulted ceilings, Bedroom and bathroom downstairs, full 2 car garage with charger for car. Upstairs is a loft, 3 bedrooms and 2 baths. Primary bedroom is a suite that with at dressing room, walk in closets, sep tub, shower, double vanity. Beautiful round tile entry to be primary suite. Laundry room with storage upstairs, you will enjoy A/C on a warm day, or enjoy the patio outside. You will want to see this in person! It is lovely.

Nearby schools

6/10
Atherwood Elementary School
Public,K-60.4mi
5/10
Sinaloa Middle School
Public,6-82.7mi
6/10
Simi Valley High School
Public,9-123.3mi
Condition Rating
Good

Built in 2004, this property is 20 years old but appears exceptionally well-maintained and move-in ready. The kitchen features granite countertops, a new dishwasher, stainless steel microwave and refrigerator, and under-cabinet lighting, though the cabinet style is a bit dated. Hardwood floors downstairs and clean carpets upstairs contribute to a solid interior. The primary bathroom boasts a separate tub and shower with a double vanity, indicating good quality. While not extensively renovated to a 'like-new' standard, all major systems and finishes are functional, clean, and show minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9999, living area = 1785.
Gated Community & Amenities: The property is located in Sycamore Shade, a beautiful gated community offering security, a pool, spa, and ample guest parking, enhancing lifestyle and convenience.
Modern & Updated Interior: Features include an open floor plan, hardwood floors downstairs, vaulted ceilings, and a recently updated kitchen with granite countertops, an island, new appliances, and under-cabinet lighting.
Functional & Luxurious Layout: The home boasts a highly functional layout with a downstairs bedroom and bathroom, an upstairs loft, an upstairs laundry room, and a primary suite featuring a dressing room, walk-in closets, separate tub/shower, and double vanity.
End Unit with Modern Conveniences: As an end unit, it offers increased privacy and natural light. The property also includes central A/C for comfort and a 2-car garage equipped with an EV charger.
Excellent School District: The property is situated within a highly-rated school district, with elementary, middle, and high schools all receiving strong ratings, making it attractive for families.

Cons

High Association Fee: The monthly association fee of $403 is substantial and adds significantly to the overall cost of homeownership.
Currently Under Contract: The property is listed as 'Active Under Contract,' meaning it is not readily available for new offers, which limits the pool of potential buyers.
Recent Price Reduction: A recent price reduction from $724,900 to $710,000 could indicate initial overpricing or a longer time on the market, potentially raising questions for prospective buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state