
Simi Valley, California 93063
This Spacious Fountainwood Residence is a Strong Value Opportunity, listed at $1,265,000—positioned well below the $1,295,022 Fair Market Value by 2%. This valuation gap offers $30,022 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a 2026 Cool Roof, Pebble Tec pool, and a Granite Kitchen. Its flexible floor plan and established neighborhood appeal make this an ideal acquisition for Owner-Occupants seeking long-term value or discerning families looking for a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3125 Divernon Avenue Subject | $1,265,000* List Price | 3 | 4 | 2,935 | $441 | - |
A 2863 Sapphire Avenue Sold | $1,075,000 | 5 | 3 | 2,657 | $405 | 1.0 mi |
B 3581 Rachael Avenue Sold | $1,055,000 | 4 | 3 | 2,373 | $445 | 0.5 mi |
C 4691 Summit Avenue Sold | $1,399,000 | 4 | 4 | 2,900 | $482 | 0.9 mi |
D 4056 Cochran Street Sold | $892,000 | 3 | 3 | 2,676 | $333 | 0.9 mi |
E 2696 Santa Ynez Avenue Sold | $1,215,000 | 5 | 3 | 2,608 | $466 | 0.6 mi |
F 2978 Stacy Sold | $990,000 | 4 | 3 | 2,168 | $457 | 0.8 mi |
G 2704 Lemon Sold | $1,020,000 | 4 | 3 | 2,156 | $473 | 0.8 mi |
H 3307 Cole Sold | $930,000 | 4 | 2 | 1,919 | $485 | 0.5 mi |
I 2778 Santa Ynez Active | $1,090,000 List Price | 4 | 3 | 2,311 | $472 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1968, it is exceptionally well-maintained and move-in ready. Key systems have been recently updated, including a brand-new 'Cool Roof' (2026) and a Pebble Tec pool surface. The kitchen and bathrooms feature granite countertops and custom oak cabinetry that appear to be from a high-end renovation approximately 15-20 years ago; though aesthetically dated, they remain fully functional and in high-quality condition.
This residence features unique design elements including a signature sunken conversation lounge with a floor-to-ceiling brick fireplace and extensive custom light oak cabinetry, offering a level of craftsmanship and personality rarely found in modern builds.
The property is optimized for California living with a Pebble Tec pool, spa, and covered patio, further enhanced by a significant 2026 Cool Roof installation which provides immediate value and energy efficiency.
With nearly 3,000 sq. ft. of living space, the home includes a dedicated office, an upstairs loft, and expanded secondary bedrooms with bay windows, providing exceptional flexibility for remote work and large families.
The 1968 architectural style, specifically the sunken lounge and extensive light oak finishes, may feel dated to contemporary buyers seeking a modern, open-concept aesthetic.
Given the large 2,935 sq. ft. footprint of the home combined with the pool, spa, and storage sheds, the 8,712 sq. ft. lot offers very little traditional green space or lawn area.
Set within Simi Valley's established Fountainwood neighborhood, this architecturally distinctive single-story residence blends timeless design, exceptional custom craftsmanship, and flexible living spaces across approximately 2,935 sq. ft. on an 8,712 sq. ft. lot. Featuring 3 bedrooms, 3.5 bathrooms, a dedicated office, upstairs loft, Pebble Tec pool and spa, and an attached 2-car garage, the home welcomes you with a mature pittosporum tree, brick-lined stamped concrete driveway, brick walkway, and double-door entry. Inside, expansive dual-pane windows, multiple skylights, and varied ceiling lines fill the home with natural light. At its center, a dramatic floor-to-ceiling brick fireplace anchors the signature sunken conversation lounge, an architectural focal point that defines the main living areas. Formal living and dining rooms transition into the family room featuring surround sound, a built-in wet bar, and views of the backyard, while French doors from the living room open to the covered patio and pool area. Distinctive custom light oak cabinetry is a defining element throughout the home. The kitchen showcases granite countertops and matching backsplash, recessed lighting, double ovens, a white Thermador gas cooktop, cabinet-faced built-in refrigerator, GE dishwasher, built-in planning desk, breakfast nook with corner bench seating, and generous workspace framed by large backyard windows. A dedicated office features a sliding glass door, while the oversized laundry room offers extensive custom cabinetry, generous counter space, utility sink, and a built-in in-wall ironing center. A private staircase leads to the upstairs loft, where built-in cabinetry, recessed lighting, and a ceiling fan provide flexible space for hobbies, media, creative pursuits, or a secondary office. The primary suite offers a walk-in closet, secondary closet, and an ensuite bath with dual vanities, dedicated makeup station, soaking tub, and oversized walk-in shower. Two secondary bedrooms have been expanded with bay windows, providing larger rooms filled with natural light. Designed for year-round enjoyment, the backyard extends the home's inviting atmosphere with a Pebble Tec pool, separate spa, covered patio with ceiling fan and mounted television, mature landscaping, two included storage sheds, and producing orange and Bacon Haas avocado trees. The attached 2-car garage features tile flooring, finished walls, built-in storage cabinetry, a roll-up garage door, and direct access into the home. Completing the property is a 2026 Cool Roof, a significant recent improvement to the home. Offering architectural character, integrated storage, remarkable flexibility, and a thoughtfully designed floor plan, this Fountainwood residence is conveniently located near shopping, restaurants, neighborhood parks, hiking trails, and the 118 Freeway, providing convenient access for commuters while enjoying one of North Simi Valley's most established neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,935 | 1,657 |
| Lot Size | 8,712 | 7,405 |
| Price | $1.26M | $871.1K |
| Price per sq ft | $431 | $503 |
| Built year | 1968 | 1965 |
| HOA | $0 | $130 |
| Days on market | 12 | 53 |
Jul 10, 2026
$1,265,000
Initial Listing