424 Peter, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath
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424 Peter
Simi Valley, California 93065
ACTIVE
CONDITION: FAIR
4Beds
3Baths
3,483Sq Ft
13,111Lot Size
Property Price
LIST PRICE$1,495,000
EST. MARKET VALUE
$1,407,093
6% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,549,900—positioned well above the $1,458,311 Fair Market Value by 6%. While priced at a premium, the property offers a Fair Condition Rating with significant upside through cosmetic modernization of its original finishes. Key features include a 13,000+ sq ft lot, panoramic mountain views, and gated RV parking. This home provides a rare blend of privacy and utility, making it an ideal acquisition for Owner-Occupants seeking a long-term sanctuary or discerning buyers prioritizing lot size and location.
Estimated Market Value
$1,407,093
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 Peter Subject | $1,495,000* List Price | 4 | 3 | 3,483 | $404 | - |
A 1910 Max Court Sold | $1,675,000 | 5 | 4 | 3,770 | $444 | 0.2 mi |
B 662 Covington Avenue Sold | $1,135,000 | 4 | 2 | 2,300 | $493 | 0.3 mi |
C 612 Azure Hills Drive Sold | $1,225,000 | 4 | 3 | 3,187 | $384 | 0.9 mi |
D 2548 Rudolph Active | $1,350,000 List Price | 4 | 3 | 3,042 | $444 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2001 (25 years old), the property falls into the 'Fair' category based on age. While exceptionally well-maintained and move-in ready, the kitchen and bathrooms feature original dated finishes including honey maple cabinetry and tiled vanity counters. Systems like the dual-zone HVAC are functional, but the home lacks the recent major renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Privacy and Lot Position
Secluded at the end of a cul-de-sac with no neighbors behind or to the side, this property offers a rare level of tranquility and privacy within the exclusive Hadleigh Hills community.
- Extensive RV and Vehicle Accommodations
The property features a massive 45' x 20' gated RV parking area and an oversized 3-car garage, providing significant utility and value for homeowners with multiple vehicles or outdoor equipment.
- Premium Outdoor Living and Views
The 13,000+ sq ft lot is an entertainer's dream, featuring a built-in BBQ island and covered patio that perfectly frame sweeping panoramic mountain, canyon, and city light views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Dated Interior Finishes
With a 2001 build date, original elements like the maple cabinetry and slate flooring may feel aesthetically dated to buyers seeking a more contemporary or modern luxury palette.
- Maintenance of Aging Infrastructure
The age of the home and the scale of the professionally landscaped grounds suggest that upcoming capital expenditures for system updates or exterior repairs may be necessary.
About 424 Peter
NEWLY IMPROVED PRICE — PRIVACY, VIEWS & SPACE IN HADLEIGH HILLS! Welcome to 424 Peter Place, tucked at the end of a quiet cul-de-sac in the desirable Hadleigh Hills community. Offering exceptional privacy with no neighbors directly behind & no immediate neighbor to the side, this beautifully maintained nearly 3,500 sq ft home sits on an oversized 13,000+ sq ft lot with sweeping mountain & hillside views. Featuring 4 bedrooms, 3 full baths & a spacious upstairs loft/bonus room with potential as a 5th bedroom, this flexible floor plan is ideal for today’s lifestyle. A highly desirable main-level bedroom & full bath provides excellent space for guests, multigenerational living or a private office. A wrought-iron gate, stamped concrete & stone walkway lead to a dramatic entry with soaring ceilings, wood shutters & slate flooring. Formal living & dining rooms flow into the open-concept family room, breakfast area & kitchen, anchored by a gas fireplace. The gourmet kitchen features granite counters & backsplash, center island with breakfast bar, maple cabinetry, built-in appliances, 5-burner gas cooktop, double wall ovens, wine fridge & walk-in pantry. Upstairs, the versatile loft offers additional living space, while 2 secondary bedrooms share a Jack-&-Jill bath. The spacious primary suite is a true retreat with coffered ceilings, hillside views, sitting area, dual walk-in closets, oversized soaking tub & walk-in shower with seating. The private backyard is designed for year-round entertaining with a covered patio, built-in BBQ island, grill & refrigerator, lush landscaping & plenty of room to relax & enjoy the views. Additional highlights include an oversized 3-car garage, gated RV parking approx. 45' x 20', dual-zone heating & A/C, surround-sound prewire, central vacuum, automatic sprinklers & a large storage shed. Now offered at an improved price, 424 Peter Place delivers privacy, space, views, flexible living & RV parking in an exceptional Simi Valley location minutes from shopping, dining, entertainment & commuter routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 13,111 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $75.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,483 | 1,735.527 |
| Lot Size | 13,111 | 7,383.872 |
| Price | $1.50M | $868.9K |
| Price per sq ft | $429 | $499 |
| Built year | 2001 | 1970 |
| HOA | $75.0 | $160 |
| Days on market | 41 | 50 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,495,000
$1,549,900
-4% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$1,549,900
Initial Listing
Sold
Oct 26, 2006
$975,000
Public Record
Sold
Nov 21, 2001
$512,500
Public Record