922 Carefree Drive, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 4 bath
922 Carefree Drive
Simi Valley, California 93065
Property Price
SUMMARY
Analysis of 922 Carefree Drive, Simi Valley, California 93065 reveals a Prime Investment Opportunity with a current list price of $1,395,000—significantly undercutting the $1,519,669 Fair Market Value by 8%. This valuation gap indicates a +$124,669 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 922 Carefree Drive Subject | $1,395,000* List Price | 4 | 4 | 2,714 | $560 | - |
A 304 Chelan Sold | $1,615,000 | 4 | 3 | 2,632 | $614 | 0.6 mi |
B 1756 Sunnydale Avenue Sold | $1,230,000 | 4 | 3 | 2,339 | $526 | 0.9 mi |
C 175 Wrangler Road Sold | $1,160,000 | 4 | 2 | 2,045 | $567 | 0.9 mi |
D 890 Mellow Lane Sold | $1,510,000 | 4 | 3 | 2,400 | $629 | 0.2 mi |
E 454 Longbranch Road Sold | $1,550,000 | 3 | 3 | 2,539 | $610 | 0.7 mi |
F 1506 Rambling Road Sold | $1,265,000 | 4 | 2 | 1,950 | $649 | 0.8 mi |
G 1320 Nonchalant Drive Active | $1,329,000 List Price | 4 | 3 | 2,460 | $540 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1977, the property has undergone an extensive, high-end renovation that meets modern luxury standards. The interior features a gourmet kitchen with premium appliances and a large center island, updated spa-style bathrooms, and contemporary hardwood flooring. With significant system upgrades including owned solar and dual-zone HVAC, the home shows no signs of deferred maintenance and is in like-new condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 2714.
- Premier Equestrian Facilities
This turnkey horse property features professional-grade stalls, turnouts, and a tack room, with direct access to the Bridle Path community's 1,700-acre private mountain park and riding trails.
- Modern Sustainable Upgrades
The home is equipped with high-value functional upgrades, including a gourmet kitchen with high-end appliances, dual-zone HVAC, and a fully owned solar power system for energy efficiency.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2714, other record living area = 1711. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-17. The sold price is $1,485,000.00.
- Limited Garage Parking
While the property offers ample space for trailers and RVs, the primary two-car garage may be insufficient for collectors or families with multiple daily-use vehicles.
About 922 Carefree Drive
Welcome to an exceptional equestrian retreat in the Bridle Path community, where luxury living meets true horse property charm. On a sprawling ½ acre private lot, this one-of-a-kind estate offers the perfect blend of elegance, space, and riding lifestyle. Expansive custom home with beautifully designed interiors. Open-concept living spaces filled with abundant natural light ideal for everyday comfort and entertaining. Spectacular gourmet kitchen with high-end appliances and oversized island. Spacious primary suite with spa-style bath, decorative fireplace, expansive walk-in closet and a loft with views. 4th bedroom is used as an office. Primarily flat lot with excellent extensive horse facilities. Stalls with large turnouts, tack room, exercise areas, fly spray system, 2 Nelson stand waterers, wash racks. As part of the Bridle Path community, you'll enjoy superb equestrian amenities including easy access to the private 1,700 acre mountain park with miles of scenic riding and hiking trails, arenas, and round pens. Resort-style backyard with room to entertain or relax. Salt water pool and spa, fully gated for child and pet security. Mature landscaping, grassy area, privacy, and peaceful surroundings. Dual zone HVAC, owned paid off solar, security system. Plenty of space behind gates for RV’s and trailers. 2 car garage has built in storage cabinets and 2 extra rooms – one used as a gym and the other a hobby room/workshop. Located just minutes from shopping, dining, and freeway access—yet offering the serenity of country living—this is a rare opportunity to own a premier equestrian estate in one of Simi Valley’s most coveted neighborhoods. Live the lifestyle. Ride from home. Welcome to Bridle Path. Video: https://youtu.be/fr4okqYxE3E?si=qz5jMWfgJGJwEdL0
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 22,651 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Simi Valley Unified Schools
Madera Elementary School
Grades K-6 • 1.2 mi
Crestview Elementary School
Grades K-6 • 1.8 mi
Sinaloa Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 85% |
| Square foot | 2,714 | 1,837.5 | 81% |
| Lot Size | 22,651 | 6,969 | 92% |
| Price | $1.40M | $850.0K | 86% |
| Price per sq ft | $514 | $476 | 64% |
| Built year | 1977 | 1976 | 53% |
| HOA | $120.0 | $0 | 67% |
| Days on market | 4 | 178 | 0% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,395,000
Initial Listing
Sold
Oct 17, 2025
$1,485,000
Public Record
Sold
Jul 18, 2022
$1,550,000
Public Record
Sold
Oct 22, 2019
$925,000
Public Record
Sold
Mar 28, 2012
$623,000
Public Record