
Simi Valley, California 93065
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $679,000—positioned above the $623,108 Fair Market Value. While the property carries a Condition Rating of 4 due to original finishes, it offers significant upside through cosmetic modernization. The expansive 9,697 sqft corner lot and vaulted ceilings provide a unique sense of space within the gated Parklane community. Served by the Simi Valley Unified School District, this residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 292 Edgemire Lane Subject | $669,000* List Price | 3 | 3 | 1,376 | $437 | - |
A 1114 Catlin Street A Sold | $600,000 | 3 | 3 | 1,546 | $388 | 1.0 mi |
B 1738 Millpark Active | $689,999 List Price | 3 | 3 | 1,300 | $531 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 27-year-old home is well-maintained but largely original. While it features brand new carpet and a new water heater, the kitchen and bathrooms remain dated with original oak cabinetry and older finishes, fitting the criteria for a property over 20 years old needing cosmetic updates.
The property sits on a nearly 9,700 sqft corner lot, offering exceptional outdoor space and privacy rarely found in a condominium-style residence.
Soaring vaulted ceilings and an abundance of windows create a bright, airy atmosphere that makes the interior feel significantly larger than its 1,376 square foot footprint.
Located in the gated Parklane community, the home offers enhanced security and a low-maintenance lifestyle with a modest $185 monthly association fee.
With 84 days on the market and a previous price reduction, the property has experienced listing fatigue, which may affect its perceived market value.
At 1,376 square feet for a three-bedroom home, the living areas and secondary bedrooms may feel relatively small for buyers seeking more substantial indoor living space.
BEST VALUE IN THE NEIGHBORHOOD! 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 |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,376 | 1,188.042 |
| Lot Size | 9,697 | 1,360.042 |
| Price | $669.0K | $500.4K |
| Price per sq ft | $486 | $457 |
| Built year | 1997 | 1986 |
| HOA | $185.0 | $472 |
| Days on market | 112 | 66 |
Sep 2, 2026
$669,000
$679,000
-1% Price Drop
Initial Listing
Jul 21, 2026
$679,000
$699,995
-3% Price Drop
Initial Listing
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