368 Pellburne Court, Simi Valley, California 93065, Simi Valley, 93065 - 5 bed, 3 bath

368 Pellburne Court, Simi Valley, California 93065 home-pic-0
ACTIVE UNDER CONTRACT$1,145,000
368 Pellburne Court, Simi Valley, California 93065
5Beds
3Baths
3,153Sqft
8,189Lot

Price Vs. Estimate

The estimated value ($1,145,000) is $0 (0%) lower than the list price ($1,145,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location & Exclusivity: Located at the end of a quiet cul-de-sac in the sought-after High Meadows neighborhood of Wood Ranch, with homes on this street rarely coming to market. Offers convenient access to hiking/biking trails, parks, Wood Ranch Country Club, shops, dining, and the 23 freeway.
Top Cons:
Potentially Dated Kitchen Finishes: While equipped with newer appliances, the kitchen features 'tile countertops' and 'light wood cabinetry,' which may not align with current modern aesthetic preferences for some buyers.

Compared to the nearby listings

Price:$1.15M vs avg $855.0K (+$290,000)79%
Size:3,153 sqft vs avg 1,800 sqft86%
Price/sqft:$363 vs avg $48010%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, benefits significantly from 'all major systems replaced within the last 5 years,' including a newer AC system and water heater, which aligns with the 'Good' criteria for functional systems. The kitchen features newer appliances (stove, refrigerator, dishwasher) and is functional, making the home move-in ready. However, the kitchen's tile countertops, light wood cabinetry, and fluorescent lighting are aesthetically dated, as is the wet bar. One downstairs bathroom has been updated with porcelain tile. While some cosmetic updates are desired, particularly in the kitchen and potentially other bathrooms, the excellent condition of major systems and overall maintenance elevate it beyond 'Fair' where major components would typically show signs of being outdated.
Year Built
1989
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$363
HOA
$130
Days on market
-
Sold On
-
MLS number
225004341
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)

About this home

Located at the end of a quiet cul-de-sac in the sought-after High Meadows neighborhood of Wood Ranch, this spacious 5-bedroom, 3-bathroom home offers 3,153 sq ft of living space on an 8,200 sq ft lot with lush landscaping and mountain views. All major systems replaced within the last 5 years! The well-designed floor-plan includes a downstairs bedroom and full bath, ideal for guests or multi-generational living. Upon entry, you're welcomed by soaring ceilings and an abundance of natural light from numerous windows. The neutral interior features a formal living and dining room, and a separate family room with a fireplace. The kitchen is equipped with a newer stove, refrigerator, and dishwasher, tile countertops, light wood cabinetry, and a breakfast nook that opens to the family room. A separate laundry room is located on the first floor. Upstairs includes three generously sized guest bedrooms and a full guest bath with dual sinks and a shower/tub combo. The large primary suite features vaulted ceilings, a sitting area with a fireplace, and expansive views of the surrounding trees and mountains. The en-suite bath includes a walk-in shower, sunken tub, dual vanities, ample storage, and a walk-in closet. The private backyard offers a patio area, built-in BBQ, and storage shed--ideal for outdoor entertaining. The oversized 3-car garage includes built-in storage, with a portion converted into a functional office space. Additional features include plantation shutters throughout most of the home, a newer AC system, water heater, and updated downstairs bath with porcelain tile flooring. Enjoy access to nearby hiking and biking trails, parks, and the Wood Ranch Country Club. Conveniently located near shops, dining, the 23 freeway, and the Ronald Reagan Library. Homes on this street rarely come to market--don't miss this opportunity.

Nearby schools

5/10
Wood Ranch Elementary School
Public,K-60.3mi
5/10
Madera Elementary School
Public,K-62.2mi
8/10
Weathersfield Elementary School
Public,K-53.5mi
5/10
Sinaloa Middle School
Public,6-82.4mi
7/10
Los Cerritos Middle School
Public,6-82.7mi
6/10
Royal High School
Public,9-122.8mi
7/10
Thousand Oaks High School
Public,9-123.9mi
Condition Rating
Good

The property, built in 1989, benefits significantly from 'all major systems replaced within the last 5 years,' including a newer AC system and water heater, which aligns with the 'Good' criteria for functional systems. The kitchen features newer appliances (stove, refrigerator, dishwasher) and is functional, making the home move-in ready. However, the kitchen's tile countertops, light wood cabinetry, and fluorescent lighting are aesthetically dated, as is the wet bar. One downstairs bathroom has been updated with porcelain tile. While some cosmetic updates are desired, particularly in the kitchen and potentially other bathrooms, the excellent condition of major systems and overall maintenance elevate it beyond 'Fair' where major components would typically show signs of being outdated.
Pros & Cons

Pros

Desirable Location & Exclusivity: Located at the end of a quiet cul-de-sac in the sought-after High Meadows neighborhood of Wood Ranch, with homes on this street rarely coming to market. Offers convenient access to hiking/biking trails, parks, Wood Ranch Country Club, shops, dining, and the 23 freeway.
Significant System Upgrades: All major systems have been replaced within the last 5 years, including a newer AC system and water heater, providing peace of mind and reducing immediate maintenance concerns for a new owner.
Flexible Living Space: The well-designed floor plan includes a valuable downstairs bedroom and full bath, ideal for guests, multi-generational living, or a dedicated home office.
Spacious & Bright Interior: Boasts 3,153 sq ft of living space with soaring ceilings, an abundance of natural light, and a large primary suite featuring vaulted ceilings, a sitting area with a fireplace, and expansive mountain views.
Enhanced Outdoor & Garage Features: The private backyard offers a patio area and built-in BBQ for entertaining, while the oversized 3-car garage includes built-in storage and a portion converted into a functional office space.

Cons

Potentially Dated Kitchen Finishes: While equipped with newer appliances, the kitchen features 'tile countertops' and 'light wood cabinetry,' which may not align with current modern aesthetic preferences for some buyers.
Absence of Private Pool: For a spacious home in Southern California with a dedicated outdoor entertaining area, the lack of a private swimming pool could be a drawback for some prospective buyers.
Ongoing Association Fees: The property is subject to an association fee of $130.0 per month, which adds to the recurring cost of homeownership.

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