4687 Summit Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 4 bath
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4687 Summit Avenue
Simi Valley, California 93063
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,900Sq Ft
10,018Lot Size
Property Price
LIST PRICE$1,379,000
EST. MARKET VALUE
$1,337,272
3% AboveMARKET VALUE
SUMMARY
This Brand New Construction is a Strong Value Opportunity, listed at $1,379,000—positioned well below the $1,368,295 Fair Market Value by -0.78%. Featuring a Modern Farmhouse Elevation, this 2,900 sq. ft. residence offers an Excellent Condition Rating with customizable finishes and energy-efficient solar panels. Located in the Simi Valley Unified district, the home provides a sophisticated lifestyle with mountain views and a spacious layout. This property is an ideal acquisition for discerning homeowners or modern families seeking a turnkey, high-utility sanctuary.
Estimated Market Value
$1,337,272
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 |
|---|---|---|---|---|---|---|
★ 4687 Summit Avenue Subject | $1,379,000* List Price | 4 | 4 | 2,900 | $461 | - |
A 4691 Summit Avenue Sold | $1,399,000 | 4 | 4 | 2,900 | $482 | 0.0 mi |
B 4985 Bowie Court Sold | $1,099,900 | 4 | 4 | 2,430 | $453 | 0.5 mi |
C 5019 Corral Street Sold | $1,310,000 | 4 | 3 | 3,205 | $409 | 0.5 mi |
D 4741 Westwood Street Sold | $1,215,000 | 5 | 4 | 3,205 | $379 | 0.1 mi |
E 4071 Peoria Avenue Sold | $1,200,000 | 5 | 3 | 2,535 | $473 | 0.9 mi |
F 4709 Beaumont Street Sold | $1,050,000 | 4 | 2 | 2,302 | $456 | 0.9 mi |
G 4920 Corral Street Sold | $1,360,000 | 3 | 2 | 2,955 | $460 | 0.3 mi |
H 4679 Summit Avenue Active | $1,339,000 List Price | 4 | 4 | 2,900 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features a modern farmhouse design with a gourmet kitchen, spa-like primary bath, and brand-new systems including builder-supplied solar panels. As a new build, it requires zero maintenance and offers the highest level of functional utility.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Customization
As a 2025 brand-new build, buyers have the rare opportunity to select custom finishes including countertops, flooring, and tile, allowing for a personalized aesthetic without the burden of a renovation.
- Spacious Modern Layout
The 2,900 sq. ft. floor plan is highly functional, featuring all four bedrooms on the upper level—including a spa-like primary suite and a secondary en-suite—situated on a generous 10,018 sq. ft. lot.
- Energy Efficiency
The inclusion of builder-supplied solar panels provides immediate value and long-term utility savings, aligning with modern sustainability standards and California energy requirements.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
With over 460 days on the market and multiple price reductions, the property may suffer from a 'stale' listing perception, which can lead to aggressive negotiations from buyers.
- High Association Fees
The $430 monthly HOA fee is relatively high for a single-family residence in Simi Valley, which increases the total monthly carrying cost and may deter fee-sensitive buyers.
About 4687 Summit Avenue
Brand new construction. Modern Farmhouse Elevation. Buyer has options such as countertops, backsplash, bathroom tile and all flooring dependent upon the date of purchase. 13 custom home development. 7 homes in Phase 2. Modern Farmhouse or Spanish Revival Elevations (fronts). Spectacular 2900 Sq Ft, 2 Story featuring 4 bedrooms, 3.5 baths, living room, dining room, gourmet kitchen with large center island, large family room, direct access, 2 car garage and a 1/2 guest bath. All 4 bedrooms are upstairs. Large primary suite with private spa-like bath and walk in closet. Main secondary bedroom features en-suite bath. 2 additional secondary bedrooms, spacious full hall bath with dual vanities. Includes an oversized upstairs laundry room. Many custom features through-out, ask for details. Includes builder supplied solar panels.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 10,018 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,900 | 1,735.527 |
| Lot Size | 10,018 | 7,383.872 |
| Price | $1.38M | $868.9K |
| Price per sq ft | $476 | $499 |
| Built year | 2025 | 1970 |
| HOA | $430.0 | $160 |
| Days on market | 532 | 50 |
Pricing History
Listed for Sale
Jun 6, 2026
$1,379,000
$1,399,000
-1% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$1,399,000
$1,489,000
-6% Price Drop
Initial Listing
Price Change
Mar 26, 2025
$1,489,000
Initial Listing