986 Lincoln Court, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
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Simi Valley, California 93065
This property presents a High-Potential Investment Opportunity with a List Price of $1,090,999—positioned above the $1,006,380 Fair Market Value. While the price reflects a premium, the Fair Condition Rating and 2001 construction provide a solid foundation for value-add renovations. Featuring a large corner lot and peek-a-boo mountain views, this home offers significant upside for those looking to modernize the interior. Located near Wood Ranch Elementary and Royal High School, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 986 Lincoln Court Subject | $1,090,999* List Price | 3 | 2 | 2,157 | $473 | - |
A 791 Eisenhower Way Sold | $1,160,000 | 3 | 2 | 2,408 | $482 | 0.1 mi |
B 1826 Winterdew Avenue Sold | $1,148,000 | 3 | 3 | 2,362 | $486 | 0.9 mi |
C 286 Golden Fern Court Sold | $1,050,000 | 4 | 2 | 2,283 | $460 | 0.9 mi |
D 951 Firestone Circle Sold | $1,090,000 | 4 | 3 | 2,494 | $437 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 23 years old and falls into the 'Fair' category as it is over 20 years old without a recent major renovation. The listing description explicitly states it 'could benefit from some updating' and offers 'potential to create the home of your dreams,' which is standard industry language for a dated interior. While the flooring and layout appear functional, the original 2001 systems, kitchen, and baths likely require modernization, and the backyard landscaping needs attention.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2157.
Situated on a large corner lot within a quiet cul-de-sac in the prestigious Wood Ranch community, the property offers a superior location just below the Ronald Reagan Presidential Library.
The home features a highly sought-after open-concept, single-level floor plan with nearly 2,200 square feet of living space, high ceilings, and a functional three-car garage.
The interior is in original condition and requires updating to meet contemporary design standards, which will necessitate additional immediate investment from the buyer.
The property is subject to California Civil Code Section 2429p for the first 30 days, which may limit the initial buyer pool and complicate the offer process for certain investors.
Looking for a desirable single story open concept floor plan look no further. This spacious home is ideally situated just below the Ronald Regan Presidential library in the highly sought Wood Ranch community of Simi ValleySet on a large corner lot and a cul de sac street, this property offers an exceptional location and tremendous potential to create the home of your dreams. While it could benefit from some updating, the possibilities are endless for adding your own style, vision and modern touches. Just under 2200 sq feet of living space the home has 3 bedrooms 2 baths, large living room, family room w/ fireplace and a three-car garage. The contemporary lay out is enhanced by abundant natural light, expansive windows and a seamless connection between indoor and outdoor living.With its prime location, generous lot size and outstanding upside potential, this is a rare opportunity to create a truly special home The property is subject to California Civil Code Section 2429p for the first 30 days of marketing.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,157 | 1,657 |
| Lot Size | 9,583 | 7,405 |
| Price | $1.09M | $871.1K |
| Price per sq ft | $506 | $503 |
| Built year | 2001 | 1965 |
| HOA | $245.0 | $130 |
| Days on market | 41 | 53 |
Jun 11, 2026
$1,090,999
Initial Listing
Jul 25, 2022
$995,000
Public Record
Dec 12, 2001
$438,000
Public Record