683 Languid Lane, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath

683 Languid Lane, Simi Valley, California 93065 home-pic-0
ACTIVE$1,139,000
683 Languid Lane, Simi Valley, California 93065
3Beds
2Baths
1,465Sqft
22,651Lot

Price Vs. Estimate

The estimated value ($1,077,630.365) is $61,369.635 (5%) lower than the list price ($1,139,000). This property may be overpriced.

Key pros and cons

Top Pros:
Equestrian Facilities: The property is exceptionally well-equipped for horse owners, featuring a barn with space for 3 horses, a turnout area, tack room, hay room, and a horse-weight-capable bridge, catering to a dedicated equestrian lifestyle.
Top Cons:
Niche Market Appeal: The extensive equestrian facilities, while a major strength for horse enthusiasts, may limit the potential buyer pool to a specific demographic, potentially extending the property's market time for non-equestrian buyers.

Compared to the nearby listings

Price:$1.14M vs avg $855.0K (+$284,000)79%
Size:1,465 sqft vs avg 1,800 sqft26%
Price/sqft:$777 vs avg $48199%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, this property has undergone extensive modern upgrades that bring its condition to a 'Good' rating. The description highlights a newly installed roof, fully paid-off solar panels, newer energy-efficient windows, a robust HVAC system, and a smart Nest thermostat, indicating significant investment in major systems. The kitchen features stainless steel appliances, granite counters, and a modern island, while the primary bathroom boasts a large soaking tub and a beautifully tiled, contemporary shower, both appearing recently renovated. The 'barnwood like flooring' and recessed lighting throughout the main living areas also contribute to a modern, move-in ready aesthetic. While the core structure is older, the comprehensive renovations to key areas like the kitchen, bathrooms, and major systems align perfectly with the 'Good' criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovation.
Year Built
1977
Close
-
List price
$1.14M
Original List price
$1.15M
Price/Sqft
$777
HOA
$84
Days on market
-
Sold On
-
MLS number
225004702
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Welcome to a truly unique property where every detail has been considered for comfort, efficiency, and equestrian living. This home sits on a half-acre in the HIGHLY desired Bridle Path community! The main residence is a testament to modern upgrades, featuring an open floor plan, barnwood like flooring, recessed lighting, a newly installed roof, the incredible benefit of fully paid-off solar panels, and the convenience of an electric car fast charger. Enjoy year-round comfort with newer, energy-efficient windows, a robust HVAC system, and the inviting warmth of a custom stone wood-burning fireplace, all managed by a smart Nest thermostat. The kitchen is equipped with stainless steel appliances fit for a chef, with granite counters, a walk-in pantry, a kitchen island to accommodate all your guests. A great place to entertain! The primary bedroom has its own sliding door that opens to the back deck with panoramic views catching beautiful sunsets, primary bathroom has a large inviting soaking tub, and a beautifully done tiled shower. For the horse lover, this property is a waiting for you. You'll find a well-designed barn with space for 3 horses, turnout area, a tack room to keep your gear organized, and a spacious hay room. A thoughtfully constructed bridge, capable of supporting horse weight, provides easy access across the property. The backyard is a child's dream for exploring! Additionally, a versatile studio with its own private entrance offers an excellent opportunity for rental income, a home office, or a personal retreat. This is more than a home; it's a lifestyle! Assumable VA loan at 2.5% for qualified VA buyers!

Nearby schools

5/10
Madera Elementary School
Public,K-61.0mi
4/10
Crestview Elementary School
Public,K-61.9mi
5/10
Sinaloa Middle School
Public,6-80.9mi
5/10
Hillside Middle School
Public,6-81.7mi
6/10
Royal High School
Public,9-121.1mi
Condition Rating
Good

Despite being built in 1977, this property has undergone extensive modern upgrades that bring its condition to a 'Good' rating. The description highlights a newly installed roof, fully paid-off solar panels, newer energy-efficient windows, a robust HVAC system, and a smart Nest thermostat, indicating significant investment in major systems. The kitchen features stainless steel appliances, granite counters, and a modern island, while the primary bathroom boasts a large soaking tub and a beautifully tiled, contemporary shower, both appearing recently renovated. The 'barnwood like flooring' and recessed lighting throughout the main living areas also contribute to a modern, move-in ready aesthetic. While the core structure is older, the comprehensive renovations to key areas like the kitchen, bathrooms, and major systems align perfectly with the 'Good' criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovation.
Pros & Cons

Pros

Equestrian Facilities: The property is exceptionally well-equipped for horse owners, featuring a barn with space for 3 horses, a turnout area, tack room, hay room, and a horse-weight-capable bridge, catering to a dedicated equestrian lifestyle.
Extensive Modern Upgrades & Energy Efficiency: The main residence boasts significant recent upgrades including a newly installed roof, fully paid-off solar panels, an electric car fast charger, newer energy-efficient windows, a robust HVAC system, and smart home technology (Nest thermostat), ensuring comfort and reduced utility costs.
Income Potential / Flexible Space: A versatile studio with its own private entrance offers excellent potential for rental income, a dedicated home office, or a private guest retreat, adding significant value and flexibility.
Assumable VA Loan: The availability of an assumable VA loan at a highly favorable 2.5% interest rate presents a substantial financial advantage for qualified VA buyers in the current market.
Desirable Location & Lot Size: Situated on a generous half-acre lot within the highly sought-after Bridle Path community, offering ample space and a prime location for equestrian and outdoor living.

Cons

Niche Market Appeal: The extensive equestrian facilities, while a major strength for horse enthusiasts, may limit the potential buyer pool to a specific demographic, potentially extending the property's market time for non-equestrian buyers.
Modest Home Size Relative to Lot: With 1465 sqft of living space on a half-acre lot, the main residence might be considered smaller than expected by some buyers looking for a larger home on such a substantial piece of land, potentially implying future expansion needs.
Age of Core Structure: Despite numerous modern upgrades, the home was built in 1977. While many systems are new, some buyers may still perceive potential for older underlying infrastructure components (e.g., original plumbing, non-upgraded electrical beyond EV charger) that could require attention.

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