
Simi Valley, California 93065
This High-Potential Investment Opportunity is a rare 3-bedroom plus loft condominium, listed at $669,950—positioned well below the $685,733 Fair Market Value by 2%. This gap provides $15,783 in Instant Equity. Featuring a Good Condition Rating, the unit offers a top-floor end-unit layout with soaring vaulted ceilings and private balcony. Located in the gated Wood Ranch community with lake access, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, spacious floor plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 275 Ridgeton Lane B Subject | $669,950* List Price | 3 | 2 | 1,520 | $451 | - |
A 440 Huyler Lane C Sold | $660,000 | 2 | 2 | 1,520 | $434 | 0.0 mi |
B 745 Wind Willow Way Sold | $660,000 | 3 | 2 | 1,286 | $513 | 0.5 mi |
C 402 Country Club D Drive D Sold | $670,000 | 3 | 3 | 1,579 | $424 | 0.5 mi |
D 264 Ridgeton Lane D Sold | $636,500 | 2 | 2 | 1,280 | $497 | 0.0 mi |
E 485 Country Club Drive 225 Sold | $563,000 | 2 | 2 | 1,366 | $412 | 0.6 mi |
F 455 Kennerick Lane Active | $635,000 List Price | 2 | 2 | 1,520 | $418 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1988, the property is well-maintained and move-in ready. It features critical system upgrades including a new heater and water heater, along with a remodeled hall bathroom and updated flooring. While the kitchen cabinetry and tile countertops are dated, the inclusion of stainless steel appliances and the overall mint maintenance of the unit align with the 'Good' classification.
As the largest floor plan in the community featuring three true bedrooms plus a loft and soaring vaulted ceilings, this unit offers exceptional space and flexibility for families or remote professionals.
This top-floor end-unit provides superior privacy with no neighbors above or on one side, eliminating foot noise and maximizing natural light throughout the living spaces.
Located in the gated Wood Ranch community, the property offers immediate access to a private lake, expansive parks, and the Wood Ranch Golf Club, enhancing the lifestyle value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $499 monthly association fee represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
Despite recent mechanical upgrades and a remodeled bathroom, the 1988 construction and original kitchen elements may eventually require further modernization to meet contemporary luxury standards.
Welcome to 275 Ridgeton Lane in the highly sought-after, ''The Club'' gated Wood Ranch community! This exceptional top-floor end-unit offers one of the most desirable locations in the neighborhood with no neighbor on one side and no one living above you, eliminating the foot noise often associated with lower-level living. Even better, top-floor homes feature the highly coveted soaring vaulted ceilings that first-floor units simply do not have, creating a bright, open, and spacious feel throughout.This is the largest and only 3-bedroom PLUS loft home currently available! That's right--3 true bedrooms AND a loft, an incredibly rare combination in Wood Ranch. The versatile loft is perfect for a home office, study, reading retreat, playroom, fitness space, or creative studio, giving you the flexibility today's buyers are searching for.The thoughtfully designed floor plan offers multiple living spaces, including a welcoming living room with a cozy fireplace and a separate family room/TV area, making it easy to entertain or simply spread out and relax. The spacious primary suite offers a peaceful retreat with generous proportions, while the beautifully remodeled hall bathroom adds a fresh, contemporary touch.The bright kitchen features stainless steel appliances, a wine refrigerator, and a cheerful breakfast area that's perfect for casual dining. A conveniently located laundry closet makes everyday living easy.One of the home's standout features is the extra-large private balcony, providing wonderful outdoor living space for morning coffee, outdoor dining, or relaxing after a long day while enjoying the peaceful surroundings.Additional upgrades include a NEW heater and NEW water heater, providing added value and peace of mind for years to come. The attached two-car direct-access garage offers convenience, storage, and security.Location is everything, and this home truly delivers. Directly across the street you'll find a large community park featuring playgrounds, expansive greenbelts, baseball fields, and plenty of room to enjoy the outdoors. Also just across the street is the beautiful Wood Ranch Golf Club, offering picturesque views and a premier golf experience.One of Wood Ranch's most treasured amenities is just steps from your front door--a beautiful community lake with exclusive resident access. Enjoy your morning coffee at the lakeside tables, spend the afternoon fishing from the shoreline, or simply take peaceful walks along the scenic pathways that wind throughout this picturesque neighborhood.You'll also appreciate being just minutes from shopping, restaurants, everyday conveniences, and the world-famous Ronald Reagan Presidential Library.Finding a home that offers 3 bedrooms PLUS a loft is exceptionally rare--and finding one that is also a top-floor end unit with soaring vaulted ceilings, no upstairs neighbors, no adjoining neighbor on one side, gated community living, lake access, and an unbeatable Wood Ranch location is even rarer. Don't miss this outstanding opportunity to own one of the most desirable floor plans and locations in all of Wood Ranch.
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 | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,520 | 1,074 |
| Lot Size | 1,520 | 1,074 |
| Price | $670.0K | $490.4K |
| Price per sq ft | $441 | $454 |
| Built year | 1988 | 1985 |
| HOA | $499.0 | $413 |
| Days on market | 2 | 70 |
Jul 20, 2026
$669,950
Initial Listing
Jan 17, 2017
$460,000
Public Record
Jan 13, 2010
$335,000
Public Record
Jul 7, 2006
$493,000
Public Record
Mar 27, 2003
$330,000
Public Record
Sep 4, 2002
$285,000
Public Record