
Simi Valley, California 93065
Analysis of 490 Peter Place, Simi Valley, California 93065 is currently available with a list price of $1,739,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Simi Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2002, the property is exceptionally well-maintained and features a high-end, resort-caliber backyard renovation including a pebble-finished pool, quartzite outdoor fireplace, and a custom pizza oven. While the 22-year age of the home technically places it just outside the 'Excellent' timeframe, the extensive outdoor upgrades and 'refined' description suggest a move-in ready condition with minimal wear. The lack of recent full-scale interior renovation details prevents an 'Excellent' rating, but the property clearly exceeds 'Fair' standards due to its premium amenities and curb appeal.
High School: Whitney High School (9/10).
The property's elevated cul-de-sac position offers rare, unobstructed city and mountain vistas that are seamlessly integrated into both the interior and exterior living spaces.
The backyard features high-end amenities including a pebble-finished pool with a Baja shelf, a custom quartzite outdoor fireplace, and a fully equipped outdoor kitchen with a pizza oven.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6068, other record lot size in square feet = 6219. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The residence offers four bedrooms but only two bathrooms, which may be considered insufficient for a luxury property at this price point.
With a list price of $1,739,000 for 1,860 square feet, the property commands a significant market premium that may challenge buyer expectations regarding interior scale.
An Elevated Estate of Rare Distinction. Discreetly positioned on a quiet cul-de-sac in West Simi Valley, 490 Peter Place is a rarely available elevated view residence offering sweeping panoramic city and mountain vistas, paired with the uncommon convenience of RV access. Set above the surrounding landscape, the home commands a privileged perspective where light, scale, and privacy converge to define an exceptional living experience. From the first light of sunrise to the soft glow of city lights after dusk, the expansive outlook is not a secondary feature--it is integral to the home's identity. The residence has been thoughtfully oriented to honor its setting, with interiors and outdoor living spaces designed to frame the views and draw natural light deep into the main living areas. Each space feels intentionally connected to the horizon, creating a sense of openness, calm, and quiet refinement throughout. The living experience extends seamlessly outdoors to a private, resort-caliber setting designed for both intimate enjoyment and sophisticated entertaining. Anchoring the backyard is a sparkling pebble-finished pool and spa with Baja shelf, offering a tranquil escape against a dramatic elevated backdrop. Custom quartzite outdoor fireplace and hardscape adds warmth and ambiance as the day transitions into evening, while the fully equipped outdoor kitchen with custom quartzite pizza oven transforms casual gatherings into elevated occasions. Throughout the day and night, the views continue to evolve, providing a striking and ever-changing canvas. Mature fruit trees introduce a sense of established elegance and natural charm, enhancing the property's connection to its surroundings while reinforcing the feeling of privacy and permanence that defines true luxury. Beyond its aesthetic appeal, this home offers a level of versatility rarely found in panoramic view homes. Functional RV access, generous parking, and flexible space for recreational vehicles, boats, or additional storage provide practical luxury without compromise. A low HOA of approximately $35 per month preserves neighborhood standards and architectural harmony while maintaining minimal ongoing costs--an increasingly rare advantage in today's market.Homes that successfully unite elevated panoramic views, resort-style outdoor living, privacy, and functional flexibility are exceptionally scarce in West Simi Valley. At 490 Peter Place, the setting does more than complement the residence--it shapes it. This is an offering for the discerning buyer seeking enduring value, refined lifestyle, and a home defined by perspective, presence, and distinction.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,860 | 1,883 | 49% |
| Lot Size | 6,068 | 7,405 | 18% |
| Price | $1.74M | $885.0K | 94% |
| Price per sq ft | $935 | $477 | 99% |
| Built year | 2002 | 1976 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 173 | 26% |
Mar 13, 2026
$1,739,000
$629,900
+176% Price Increase
Initial Listing
Jan 8, 2026
$629,900
Initial Listing
Jun 24, 2016
$383,000
Public Record
Mar 30, 2009
$236,000
Public Record
Jul 29, 2005
$458,000
Public Record