592 Fairfield, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 3 bath
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Simi Valley, California 93065
This 3-bedroom Wood Ranch condominium represents a High-Potential Investment Opportunity, listed at $908,000—positioned well above the $761,669 Fair Market Value by -19%. While the property features a Condition Rating of 4 with dated interiors, it offers a functional layout with a main-floor primary suite and a versatile loft. Located in a gated community with low $145 HOA fees and access to Simi Valley Unified schools, this home is best suited for Buy-and-Hold Investors or Owner-Occupants willing to modernize the kitchen to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 592 Fairfield Subject | $888,000* List Price | 3 | 3 | 1,716 | $460 | - |
A 402 Country Club D Drive D Sold | $670,000 | 3 | 3 | 1,579 | $424 | 0.4 mi |
B 745 Wind Willow Way Sold | $660,000 | 3 | 2 | 1,286 | $513 | 0.7 mi |
C 440 Huyler Lane C Sold | $660,000 | 2 | 2 | 1,520 | $434 | 0.4 mi |
D 645 Ivywood Lane E Active Under Contract | $740,000 List Price | 3 | 3 | 1,809 | $409 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained and move-in ready with updated flooring and fresh paint. However, the kitchen is dated, featuring original oak cabinetry, tile countertops, and a fluorescent light box. While functional, the core aesthetic and likely the original systems exceed the 20-year threshold for a 'Good' rating without a full renovation.
Situated in the prestigious Wood Ranch area, this property offers a secure gated environment with access to premium amenities including golf courses, lakes, and scenic hiking trails.
The floor plan features a sought-after main-floor primary suite and a versatile upstairs loft, providing excellent flexibility for multi-generational living or a dedicated home office.
At $145 per month, the association fee is exceptionally competitive for a gated community in Simi Valley, offering high value relative to the neighborhood amenities provided.
The lot size is identical to the interior square footage, indicating a very small footprint with minimal private yard space compared to detached single-family homes in the area.
Despite being located in a community known for its natural beauty, this specific unit is listed as having no views, which may impact its desirability compared to neighboring properties.
Incredible Opportunity! Welcome to this charming home featuring 3 spacious bedrooms, 2.5 bathrooms, a versatile loft, and a large backyard. The open-concept first floor offers comfortable living and convenient access to the primary suite, and opens to a peaceful backyard retreat. A beautiful staircase leads to the second floor, where you'll find two additional bedrooms, a full bathroom, a large loft—providing flexible space for a home office, media room, or play area. New HVAC system installed July 2025, offering improved comfort and energy efficiency. Nestled within a desirable gated community in Wood Ranch, residents enjoy access to a variety of amenities, including pool/spa, sports courts, golf courses, lakes, scenic hiking trails, and more. Conveniently located near schools, restaurants, and shopping, with easy access to neighboring cities and major commuting routes.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 1.3 mi
Grades K-5 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,716 | 1,074 |
| Lot Size | 1,716 | 1,074 |
| Price | $888.0K | $490.4K |
| Price per sq ft | $517 | $454 |
| Built year | 1988 | 1985 |
| HOA | $145.0 | $413 |
| Days on market | 49 | 70 |
Jun 27, 2026
$888,000
$908,000
-2% Price Drop
Initial Listing
Jun 4, 2026
$908,000
Initial Listing
Mar 15, 2013
$440,000
Public Record