4699 Summit Avenue, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 4 bath
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4699 Summit Avenue
Simi Valley, California 93063
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,900Sq Ft
8,276Lot Size
Property Price
LIST PRICE$1,379,000
EST. MARKET VALUE
$1,338,295
3% AboveMARKET VALUE
SUMMARY
This Brand New Modern Farmhouse is a Strong Value Opportunity, listed at $1,379,000—positioned well above the $1,338,295 Fair Market Value by 3%. While the property reflects a premium for its 2025 Construction and Condition Rating of 2, it offers a rare chance to customize finishes in a boutique 13-home development. Featuring a 2,900 Sq Ft layout, Mountain Views, and Builder-Supplied Solar, this home provides a sophisticated lifestyle. It is an ideal acquisition for discerning families or owner-occupants seeking a high-end, energy-efficient sanctuary in Simi Valley.
Estimated Market Value
$1,338,295
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 |
|---|---|---|---|---|---|---|
★ 4699 Summit Avenue Subject 4 bd · 4 ba · 2,900 sqft · $461 | $1,379,000* List Price | 4 | 4 | 2,900 | $461 | - |
A 4691 Summit Avenue Sold 4 bd · 4 ba · 2,900 sqft · $482 · 0.0 mi | $1,399,000 | 4 | 4 | 2,900 | $482 | 0.0 mi |
B 3125 Divernon Avenue Sold 3 bd · 4 ba · 2,935 sqft · $431 · 0.9 mi | $1,265,000 | 3 | 4 | 2,935 | $431 | 0.9 mi |
C 5019 Corral Street Sold 4 bd · 3 ba · 3,205 sqft · $409 · 0.4 mi | $1,310,000 | 4 | 3 | 3,205 | $409 | 0.4 mi |
D 4985 Bowie Court Sold 4 bd · 4 ba · 2,430 sqft · $453 · 0.4 mi | $1,099,900 | 4 | 4 | 2,430 | $453 | 0.4 mi |
E 4071 Peoria Avenue Sold 5 bd · 3 ba · 2,535 sqft · $473 · 0.9 mi | $1,200,000 | 5 | 3 | 2,535 | $473 | 0.9 mi |
F 4741 Westwood Street Sold 5 bd · 4 ba · 3,205 sqft · $379 · 0.1 mi | $1,215,000 | 5 | 4 | 3,205 | $379 | 0.1 mi |
G 4679 Summit Avenue Active 4 bd · 4 ba · 2,900 sqft · $462 · 0.1 mi | $1,339,000 List Price | 4 | 4 | 2,900 | $462 | 0.1 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 featuring a modern farmhouse design, brand new gourmet kitchen with high-end stainless steel appliances, and new systems including builder-supplied solar panels. The property is currently nearing completion, allowing buyers to select final flooring and custom finishes.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Customization
As a 2025 build, this property offers buyers the rare opportunity to select custom finishes including countertops, backsplash, and flooring, ensuring a personalized modern farmhouse aesthetic.
- Modern Functional Layout
The 2,900 sqft floor plan is expertly designed for families, featuring a gourmet kitchen with a large center island, all bedrooms on the upper level, and energy-efficient builder-supplied solar panels.
- Scenic & Exclusive Location
Nestled within a limited 13-home custom development, the property provides stunning mountain views and a sense of privacy that is highly sought after in the East Simi Valley area.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 552 days on the market and multiple price reductions, the property may suffer from a 'stale' listing perception, potentially causing buyers to question the initial valuation or construction pace.
- High Monthly HOA Dues
The $430 monthly association fee represents a significant recurring cost that may deter buyers comparing this to other single-family homes in the area with lower or no HOA obligations.
About 4699 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
- 8,276 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 | 2.3 |
| Square foot | 2,900 | 1,764.918 |
| Lot Size | 8,276 | 7,506.335 |
| Price | $1.38M | $856.9K |
| Price per sq ft | $476 | $487 |
| Built year | 2025 | 1970 |
| HOA | $430.0 | $164 |
| Days on market | 577 | 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