2972 Ivory Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 2 bath

2972 Ivory Avenue, Simi Valley, California 93063 home-pic-0

2972 Ivory Avenue

Simi Valley, California 93063

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
2Baths
1,948Sq Ft
6,969Lot Size

Property Price

LIST PRICE$969,000
EST. MARKET VALUE
$980,002

SUMMARY

Analysis of 2972 Ivory Avenue, Simi Valley, California 93063 reveals a Fairly Priced Property with a current list price of $969,000  aligned with the estimated $980,002 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$980,002
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2972 Ivory Avenue
Subject
$969,000*
List Price
421,948$503-
A
3262 Avenida Simi
Sold
$900,000422,063$4360.0 mi
B
2648 Georgette Place
Sold
$1,010,000422,399$4210.4 mi
C
2848 Jadestone Avenue
Sold
$1,065,000432,539$4190.1 mi
D
2439 N Lita Place
Sold
$899,999421,727$5210.7 mi
E
3259 Valarie Avenue
Active
$899,000
List Price
432,104$4270.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property has been extensively renovated within the last 5 years, featuring a gourmet kitchen with granite countertops and stainless steel appliances, upgraded bathrooms, and high-end finishes like wood flooring and crown molding. Major systems have been modernized, including copper plumbing, a 200-amp electrical panel, and Low E windows, while the PebbleTec pool and spa were redone only two years ago.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Modern Upgrades

    The residence features a comprehensive redesign including a gourmet kitchen with granite countertops, upgraded bathrooms, copper plumbing, and dual-pane Low E windows, ensuring move-in readiness.

  • Resort-Style Backyard Oasis

    The outdoor living space is a major highlight, featuring a recently redone PebbleTec pool and spa, a built-in BBQ, a gas fire pit, and a custom patio cover designed for high-end entertaining.

  • Highly Desirable Location

    Situated in the sought-after GEM Tract of Simi Valley, this single-story home offers a functional open floor plan with vaulted ceilings in a neighborhood known for strong pride of ownership.

CONSRISKS & DEFICIENCIES

  • Compact Lot Size

    At under 7,000 square feet, the lot is relatively small for a property at this price point, especially with the pool and outdoor kitchen occupying most of the available yard space.

  • 1970s Era Foundation

    While the home has been beautifully updated, the 1979 construction date may still present architectural or structural characteristics that some buyers find less appealing than newer builds.

About 2972 Ivory Avenue

Welcome to one of the most beautifully redesigned single story homes in the highly sought after GEM Tract. This stunning 1,948 square foot residence offers four bedrooms, two upgraded bathrooms, and an open floor plan that feels both spacious and inviting from the moment you walk in.The heart of the home has a gourmet kitchen, thoughtfully designed for everyday living and entertaining. Featuring granite countertops, a travertine backsplash, stainless steel appliances, a five burner cooktop, custom island, recessed lighting, and designer touches throughout, it opens seamlessly into the main living spaces, creating a warm and connected atmosphere.The formal dining room showcases elegant wainscoting, while the spacious living room offers vaulted ceilings and a cozy fireplace that makes the space feel grand yet comfortable. A separate family room with vaulted ceilings and recessed lighting provides additional room to relax, gather, and create memories.The primary suite is truly a private retreat, complete with direct access to the backyard. Throughout the home you will find crown molding, custom base molding, beautiful wood flooring, copper plumbing, dual pane Low E windows, custom wood blinds, a custom solid front entry door, a 200 amp electrical system, and central heating and air. The bathrooms have also been tastefully upgraded, reflecting the care and pride of ownership found throughout the home.Step outside and you will discover your own personal backyard oasis. The pool and spa were redone just two years ago with PebbleTec and updated tile, creating a fresh and luxurious feel. A patio cover, custom seating area, gas fire pit, and built in BBQ make this the perfect space for entertaining or simply enjoying quiet evenings at home.From the quality upgrades to the thoughtful design, this home offers comfort, style, and the kind of lifestyle that makes the GEM Tract so desirable. It is not just a place to live, it is a place to truly feel at home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
6,969 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.02.0
50%
Square foot1,9481,823
59%
Lot Size6,9697,405
49%
Price$969.0K$847.0K
72%
Price per sq ft$497$472
62%
Built year19791973
59%
HOA$0$0
50%
Days on market8185
1%

Pricing History

Listed for Sale

Feb 27, 2026

$969,000

Initial Listing

Sold

Aug 7, 2014

$570,000

Public Record

Sold

Apr 8, 1996

$235,000

Public Record

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