275 Ridgeton Lane A, Simi Valley, California 93065, Simi Valley, 93065 - 2 bed, 2 bath
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Simi Valley, California 93065
This Turnkey Single-Story Condo is a Strong Value Opportunity, listed at $575,000—positioned well below the $614,625 Fair Market Value by 6%. This valuation gap offers $39,625 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a rare fully enclosed private patio and recent mechanical upgrades. Located in the prestigious Wood Ranch community with access to resort-style amenities and top-rated schools, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 275 Ridgeton Lane A Subject | $575,000* List Price | 2 | 2 | 1,280 | $480 | - |
A 280 Ridgeton Lane A Active | $629,000 List Price | 2 | 2 | 1,280 | $491 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1988 (36 years old), the property is rated 'Good' due to being exceptionally well-maintained and move-in ready. It features recent cosmetic updates including fresh interior paint and brand-new carpeting. Key systems have been addressed with a newer HVAC and water heater, and the overall condition lacks the defects associated with 'Poor' or 'Fair' ratings for homes of this age.
This property features the only fully enclosed patio in the entire community, providing a rare, private backyard oasis with low-maintenance turf that is ideal for pet owners and outdoor entertaining.
The home is move-in ready with fresh interior paint and brand-new carpet, plus the added value of high-ticket mechanical upgrades including a newer HVAC system and water heater.
Situated in the prestigious Wood Ranch area, the gated community offers resort-style living with access to a private lake, scenic walking paths, a pool, and a spa.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1280, living area = 1280.
The $499 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
With an original build date of 1988, the property and community common areas may soon require more frequent maintenance or capital improvements typical of a nearly 40-year-old development.
Welcome to this beautifully maintained single-story condo in the highly desirable gated community of The Club, nestled in the heart of Wood Ranch. Offering 2 bedrooms, 2 bathrooms, and 1,280 square feet of thoughtfully designed living space, this move-in-ready home combines comfort, privacy, and convenience.Step inside to discover fresh interior paint, brand-new carpet in the living room and bedrooms, and an abundance of natural light that fills the home with a warm and inviting atmosphere. The spacious floor plan features generously sized bedrooms, creating the perfect retreat for relaxation. Additional peace of mind comes with a newer HVAC system and water heater, providing comfort and efficiency for years to come.The expansive primary suite is a true sanctuary, featuring a sliding glass door that opens directly to the private patio, creating the perfect space to enjoy your morning coffee or unwind at the end of the day. The en-suite bathroom offers a spacious walk-in closet, providing ample storage and everyday convenience.A truly one-of-a-kind feature sets this home apart--the only fully enclosed patio in the entire community. Designed as a private backyard oasis, this exceptional outdoor space offers low-maintenance turf, beautiful privacy, and the perfect setting to relax, entertain, or enjoy year-round Southern California living.Additional highlights include direct access to a two-car garage and the security and peace of mind of living within a gated community. Residents of The Club enjoy resort-style amenities, including a sparkling pool and spa, access to a private gated lake, and scenic paved walking paths throughout the neighborhood.Ideally located near top-rated schools, beautiful parks, hiking trails, shopping, restaurants, and everything Wood Ranch has to offer, this exceptional home is the perfect blend of lifestyle, comfort, and location. Don't miss this rare opportunity to own one of the community's most unique and desirable properties.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.5 mi
Grades K-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,280 | 1,657 |
| Lot Size | 1,280 | 7,405 |
| Price | $575.0K | $871.1K |
| Price per sq ft | $449 | $503 |
| Built year | 1988 | 1965 |
| HOA | $499.0 | $130 |
| Days on market | 7 | 53 |
Jul 15, 2026
$575,000
Initial Listing
May 1, 1998
$170,000
Public Record
Aug 8, 1995
$138,636
Public Record