582 Fairfield Road, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath
582 Fairfield Road
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 582 Fairfield Road, Simi Valley, California 93065 is currently available with a list price of $914,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1988, the property has undergone extensive recent renovations that align with current market standards. The kitchen is highly upgraded with quartz countertops, a center island, wine refrigerator, and newer appliances. The master bathroom features a modern free-standing bathtub and a redesigned shower. With additional high-end touches like epoxy garage floors and coffered ceilings, the home is in immaculate, turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Upgrades
The property features a high-end remodeled kitchen with quartz countertops and a wine refrigerator, alongside a luxurious master suite with a freestanding tub and upgraded finishes.
- Exclusive Gated Community
Located in the prestigious Wood Ranch area, the home offers enhanced security and private amenities including a tennis court and a private lake for residents.
- Spacious and Airy Layout
The open floor plan is characterized by high ceilings and large windows, providing a bright, voluminous feel that maximizes the 1,864 square feet of living space.
CONSRISKS & DEFICIENCIES
- Market Pricing Resistance
The property has seen two price reductions since its initial listing, suggesting that the original valuation was significantly above current market demand.
- Limited Private Outdoor Space
With a lot size nearly identical to the interior square footage, the backyard is small and offers limited space for gardening, play, or large-scale outdoor entertaining.
- Condominium Restrictions
As a condominium unit, the owner is subject to association rules and monthly fees which may limit autonomy regarding exterior modifications and property usage.
About 582 Fairfield Road
Beautiful Gated Community in Wood Ranch. 3 Bedrooms 2.5 bathrooms. This open floor plan is light, bright and airy with high ceilings. Upgraded kitchen with center island with hidden storage, quartz counter tops, coffered ceiling with recessed lighting, garden window at kitchen sink, wine refrigerator newer appliances. This home is immaculate and very inviting. Highly upgraded master bathroom with upgraded countertops, free standing bathtub, beautiful shower and walk in closet. Covered patio and easy to care for backyard. Epoxy garage floor with built-in cabinets. Spectacular location. This gated community has a private tennis court & private lake for a lovely picnic. Located close to a gorgeous park, perfect for walking, tennis, basketball and plenty of activities for everyone. Shopping, dining, golf at the private Wood Ranch Golf Club and freeways all conveniently located. Ronald Regan Library is just 5 minutes away. Wood Ranch is a very beautiful community to live in.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 1,864 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $142.0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Madera Elementary School
Grades K-6 • 1.1 mi
Wood Ranch Elementary School
Grades K-6 • 1.3 mi
Weathersfield Elementary School
Grades K-5 • 4.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,864 | 1,206 | 95% |
| Lot Size | 1,864 | 1,206 | 85% |
| Price | $914.0K | $574.5K | 95% |
| Price per sq ft | $490 | $432 | 60% |
| Built year | 1988 | 1988 | 50% |
| HOA | $142.0 | $539 | 5% |
| Days on market | 53 | 188 | 10% |
Pricing History
Listed for Sale
Feb 18, 2026
$914,000
$929,900
-2% Price Drop
Initial Listing
Price Change
Feb 7, 2026
$929,900
$949,900
-2% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$949,900
Initial Listing
Sold
Sep 7, 2021
$800,000
Public Record
Sold
Jan 10, 2017
$610,000
Public Record
Sold
Jul 13, 2012
$435,000
Public Record