
Simi Valley, California 93065
This Spacious Horse-Zoned Property represents a Strong Value Opportunity, listed at $1,369,000—positioned well below the $1,383,672 Fair Market Value by 1%. This valuation gap offers $14,672 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 1-bedroom ADU, pool and spa, and expansive half-acre lot. With its versatile layout and income-generating potential, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, lifestyle-focused residence with significant long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 652 Stonebrook Street Subject | $1,369,000* List Price | 4 | 4 | 2,379 | $582 | - |
A 1208 Rambling Road Sold | $1,460,000 | 4 | 2 | 2,312 | $631 | 0.6 mi |
B 922 Carefree Drive Sold | $1,425,000 | 4 | 4 | 2,714 | $525 | 0.4 mi |
C 1320 Nonchalant Drive Sold | $1,259,000 | 4 | 3 | 2,460 | $512 | 0.6 mi |
D 1278 Rambling Road Sold | $1,075,000 | 3 | 2 | 1,905 | $564 | 0.7 mi |
E 670 Tranquil Lane Sold | $1,075,000 | 4 | 2 | 1,711 | $628 | 0.4 mi |
F 377 Oldstone Court Sold | $1,250,000 | 4 | 2 | 2,221 | $563 | 0.3 mi |
G 1059 Rambling Sold | $1,265,000 | 4 | 3 | 2,015 | $628 | 0.3 mi |
H 637 Bluegrass Street Sold | $1,725,000 | 5 | 4 | 3,268 | $528 | 0.1 mi |
I 984 Oakmont Court Pending | $1,375,000 List Price | 4 | 3 | 2,379 | $578 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but well-maintained with recent updates including new quartz countertops, fresh paint, and a modern 1-bedroom ADU conversion. While some elements like the kitchen's fluorescent light box and the primary bath's sunken tub are dated, the home is functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 2379.
The massive half-acre lot is a rare find, featuring horse zoning, a private sport court, and a pool/spa, offering unparalleled space for recreation and future development.
A portion of the garage has been converted into a functional 1-bedroom ADU with a separate entrance, providing excellent options for rental income or multi-generational living.
The ADU conversion occupies a significant portion of the three-car garage, which may be a drawback for buyers requiring full covered parking or extensive vehicle storage.
The primary suite was expanded into the former fourth bedroom, potentially limiting the home's appeal to larger families unless the buyer invests in reverting the layout.
Welcome to this horse zoned property that truly offers room to live, entertain, and dream. Set on a sweeping half-acre lot with a sparkling pool and spa, private sport court, two RV access gates, and a very low HOA, this unique property offers exceptional potential. Step inside to soaring volume ceilings, a beautiful curved staircase with Spanish-tile risers, and an enormous picture window that fills the living room with natural light while showcasing the front yard. The open-concept kitchen and family room create the heart of the home, featuring painted white cabinetry, new quartz countertops, a cozy brick fireplace, and a wet bar. From the family room, oversized wood double sliders open to the expansive covered patio, perfect for entertaining, relaxing, and enjoying California's indoor-outdoor lifestyle. A convenient powder room and laundry room complete the downstairs. Upstairs, you'll find three spacious bedrooms, including an impressive primary suite that has been expanded into the former fourth bedroom. The additional space currently offers a kitchenette and sitting area, creating a versatile retreat that could easily be converted back to a fourth bedroom. Just outside the primary suite, a large freshly painted balcony provides the perfect spot to soak up the California sunshine and take in the breathtaking views. The primary bath features a large walk-in closet, dual vanities, a sunken tile tub, and a separate walk-in shower. The two additional generously sized bedrooms feature beautiful white porcelain tile flooring and share a full bathroom with a shower/tub combo and dual vanity. The backyard has limitless possibilities. Enjoy the pool and spa, grill on your outdoor BBQ, tell stories around the firepit, play on your private sport court or host gatherings on the oversized patio. A large portion of the three-car garage has been thoughtfully converted into a 1-bedroom, 1-bath ADU with kitchenette and separate entrance, offering excellent flexibility for guests, extended family, or additional living space for the main home. There is also extra storage space in the garage. Prefer a full garage? The conversion can easily be returned to its original three-car configuration. With a lot this size, the possibilities are truly exciting. There is ample room to explore adding horse facilities, additional ADUs, an outdoor Casita, expand entertaining areas, and more. This is an opportunity to create the property you've been looking for. Come see what makes this one so special!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,379 | 1,735.527 |
| Lot Size | 23,522 | 7,383.872 |
| Price | $1.37M | $868.9K |
| Price per sq ft | $575 | $499 |
| Built year | 1979 | 1970 |
| HOA | $190.0 | $160 |
| Days on market | 22 | 50 |
Aug 18, 2026
$1,369,000
Initial Listing
Mar 29, 2024
$1,290,000
Public Record
Jul 1, 2003
$20,500
Public Record
Nov 30, 2001
$535,000
Public Record