292 Edgemire Lane, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath
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Simi Valley, California 93065
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $699,995—positioned well above the $614,659 Fair Market Value. While priced at a premium, the property offers a rare 9,697 sqft corner lot and a Fair Condition Rating, providing a solid foundation for cosmetic updates. Located in the Simi Valley Unified School District near highly-rated schools, this home features soaring vaulted ceilings and a private patio. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a secure, gated community lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 292 Edgemire Lane Subject | $699,995* List Price | 3 | 3 | 1,376 | $447 | - |
A 1668 Woodscent Lane Sold | $675,000 | 3 | 3 | 1,184 | $570 | 0.1 mi |
B 1114 Catlin Street A Pending | $624,000 List Price | 3 | 3 | 1,546 | $404 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property falls into the 'Fair' category as it exceeds the 20-year age threshold without a major renovation. While the home is exceptionally well-maintained with recent carpet and a new water heater, the cabinetry and fixtures in the bathrooms (and likely the kitchen) appear original to the build date and are aesthetically dated, suggesting a need for modern updates.
Situated on a rare 9,697 sqft corner lot, this property offers an oversized, private yard with low-maintenance artificial turf, providing significantly more outdoor space than typical condominiums in this price point.
The interior features soaring vaulted ceilings and an abundance of windows, creating a bright, airy atmosphere that maximizes the sense of space throughout the 1,376 sqft floor plan.
Located in the desirable Parklane community, the home offers the security of a gated neighborhood and a relatively low $185 HOA fee, while being conveniently positioned near highly-rated local schools.
With 1,376 square feet of living space, the home's interior footprint is relatively modest for a three-bedroom residence, which may feel restrictive for buyers seeking larger communal areas.
The property is noted as having no significant views, which may be a drawback for buyers looking for the hillside or city vistas often sought after in the Simi Valley area.
Welcome home to this bright and open 3-bedroom, 2.5-bath home located on a corner lot in the gated Parklane community. Lovingly cared for by the same family for decades, this 1,376 square feet, two-story residence offers the perfect blend of comfort, light, and community living. From the moment you step inside, you're greeted by an abundance of natural light pouring through the home's many windows, one of the seller's favorite features. Soaring vaulted ceilings in the living room create a dramatic sense of space and openness, making the home feel larger than its footprint suggests. It's the kind of home that immediately feels welcoming, and it's easy to see why the family room, with its comfortable, lived-in warmth, became the favorite gathering spot. The family room opens to a spacious kitchen featuring plenty of counter space, cabinetry and enough space for a dining table and chairs. Both the laundry area and powder bathroom are conveniently located by the kitchen. Some of the recent upgrades include brand new carpet, and a new water heater. Upstairs you will find a spacious primary suite complete with an ensuite bathroom and two secondary bedrooms that share a hallway bathroom. The 2-car garage and ADT security system add everyday convenience and peace of mind. Outside, low-maintenance landscaping with bark and artificial turf keep the oversized and private yard looking sharp year-round with minimal upkeep. Framed by swaying palm trees and set within a gated neighborhood known for its safety and community feel, this home offers the relaxed Southern California lifestyle buyers dream of, without the hassle of a high-maintenance yard. This home is priced to sell today!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.3 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 64% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,376 | 1,283 | 68% |
| Lot Size | 9,697 | 1,232 | 95% |
| Price | $700.0K | $608.2K | 73% |
| Price per sq ft | $509 | $434 | 64% |
| Built year | 1997 | 1988 | 55% |
| HOA | $185.0 | $458 | 14% |
| Days on market | 0 | 139 | 5% |
May 20, 2026
$699,995
Initial Listing
Nov 23, 2005
$564,000
Public Record
Nov 14, 2002
$332,000
Public Record
Sep 6, 2001
$265,000
Public Record
Jan 27, 1998
$183,500
Public Record