4683 Summit Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 5 bed, 4 bath

4683 Summit Avenue, Simi Valley, California 93063 home-pic-0
ACTIVE$1,469,000
4683 Summit Avenue, Simi Valley, California 93063
5Beds
4Baths
3,200Sqft
10,729Lot

Price Vs. Estimate

The estimated value ($1,458,931.515) is $10,068.485 (0%) lower than the list price ($1,469,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newer Construction: Built in 2022, this property offers modern design, up-to-date building codes, and significantly reduced immediate maintenance concerns compared to older homes.
Top Cons:
High Association Fee: A monthly association fee of $430.0 is substantial and adds a significant recurring cost to homeownership, which could deter some potential buyers.

Compared to the nearby listings

Price:$1.47M vs avg $846.0K (+$623,000)95%
Size:3,200 sqft vs avg 1,815.5 sqft92%
Price/sqft:$459 vs avg $47743%

More Insights

Built in 2022 (3 years old).
Condition: This property, built in 2022, is virtually new. The description highlights 'newer construction,' a 'gourmet kitchen with top of the line appliances,' and 'spa-like bath,' all confirmed by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, light subway tile backsplash, and quartz countertops. Bathrooms boast contemporary black fixtures and white vanities. High-quality VPF flooring and dual-zoned HVAC further contribute to its excellent condition, meeting current quality standards with no deferred maintenance.
Year Built
2022
Close
-
List price
$1.47M
Original List price
$1.43M
Price/Sqft
$459
HOA
$430
Days on market
-
Sold On
-
MLS number
224000769
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Spectacular 3200 Sq FT, newer construction, 2 story featuring 5 bedrooms, 3.5 baths, living room, dining room, gourmet kitchen with large center island, top of the line appliances and even the fridge is included, adjoining large family room, oversized downstairs laundry, direct access 3-car tandem garage. All 5 bedrooms are upstairs. Large primary suite with private spa-like bath and walk in closet. Main secondary bedroom features en-suite bath. Three additional secondary bedrooms, spacious hall bath. Dual zoned HVAC. VPF flooring down, VPF and carpet up. Many custom features through-out.

Condition Rating
Excellent

This property, built in 2022, is virtually new. The description highlights 'newer construction,' a 'gourmet kitchen with top of the line appliances,' and 'spa-like bath,' all confirmed by the images. The kitchen features modern white shaker cabinets, stainless steel appliances, light subway tile backsplash, and quartz countertops. Bathrooms boast contemporary black fixtures and white vanities. High-quality VPF flooring and dual-zoned HVAC further contribute to its excellent condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Newer Construction: Built in 2022, this property offers modern design, up-to-date building codes, and significantly reduced immediate maintenance concerns compared to older homes.
Spacious & Functional Layout: With 3200 sq ft, 5 bedrooms, and 3.5 baths, including a large primary suite and an en-suite secondary bedroom, the home provides ample space for a large family or those needing dedicated areas.
Gourmet Kitchen with Premium Appliances: The gourmet kitchen features a large center island, top-of-the-line appliances, and an included refrigerator, making it highly appealing and move-in ready for culinary enthusiasts.
High-End Amenities & Custom Features: The property boasts dual zoned HVAC, VPF flooring, custom features throughout, an oversized downstairs laundry, and a direct access 3-car tandem garage, enhancing comfort and convenience.
Mountain Views: The presence of mountain views adds significant aesthetic appeal and desirability, contributing to a more pleasant living environment and potential resale value.

Cons

High Association Fee: A monthly association fee of $430.0 is substantial and adds a significant recurring cost to homeownership, which could deter some potential buyers.
Increased List Price: The current list price of $1.469M is higher than the original list price of $1.425M, which might raise questions for buyers regarding market adjustments or perceived value.
All Bedrooms Upstairs: While common in two-story homes, having all five bedrooms located on the upper floor may not suit all buyer preferences, particularly those seeking a downstairs guest room, office, or accommodating mobility needs.

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