497 Bannister Way, B, Simi Valley, CA 93065
497 Bannister Way, B, Simi Valley, CA 93065
Property Description
Seller is willing to help buyer 2/1 Buy Down Up TO 2 year MORTGAGE PAYMENT ASSISTANCE PROGRAMS OFFERED. This property qualifies for other programs, call for more information. Step into the Summerside at Wood Ranch, where your dream home becomes a reality. This highly sought-after, single-level end-unit townhouse is bathed in natural light and features a spacious open floor plan, complete with a balcony ideal for enjoying your morning coffee or evening reflections. The kitchen is a chef's delight, equipped with granite countertops, an elegant center island, and stainless steel appliances that inspire culinary creativity. The primary suite serves as your personal sanctuary, featuring a walk-in closet, dual vanities, and a luxurious shower that offers a spa-like experience. Additionally, this property includes direct access to a two-car garage, a convenient stair lift for enhanced mobility, and ample storage space. Revel in community amenities such as a pool and spa, all set within beautifully landscaped surroundings. Furthermore, you're just moments away from trails, parks, shopping, dining, and excellent schools. Embrace the Wood Ranch lifestyle—you’ve truly found a remarkable real estate opportunity!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Simi Valley · Condominium
Listed 7.2% above the median closed sale of $694,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 650 Ivywood Lane | Simi Valley | 1990 | 3 | 3 | 1,809 | 1,809 | $431 | $779,000 | 40 | 86 |
| 5179 Pine Rose Court | Simi Valley | 2007 | 3 | 2 | 1,752 | 1,752 | $287 | $502,303 | 58 | 77 |
| 455 Kennerick Lane | Simi Valley | 1988 | 2 | 2 | 1,520 | 1,520 | $420 | $639,000 | 11 | 77 |
| 275 Ridgeton Lane | Simi Valley | 1988 | 3 | 2 | 1,520 | 1,520 | $417 | $634,000 | 2 | 76 |
| 3234 Darby | Simi Valley | 1981 | 3 | 2 | 1,610 | 1,610 | $403 | $649,000 | 13 | 75 |
| Total: 5 · Average | 2.8 | 2.2 | 1,642.2 | 1,642.2 | $391.6 | $640,660.6 | 24.8 | |||
| Median | 1,610 | $639,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 477 Country Club Drive | Simi Valley | 2006 | 08/05/2026 | 2 | 2 | 1,366 | 1,366 | $565,000 | $565,000 | $414 | 1.00 | 49 | 80 |
| 645 Ivywood Lane | Simi Valley | 1990 | 07/21/2026 | 3 | 3 | 1,809 | 1,809 | $740,000 | $735,000 | $406 | 0.99 | 67 | 78 |
| 530 Sonata Way | Simi Valley | 1996 | 09/18/2026 | 3 | 3 | 1,834 | 1,555 | $699,000 | $694,000 | $378 | 0.99 | 23 | 77 |
| 521 Sonata Way | Simi Valley | 1996 | 08/24/2026 | 3 | 3 | 1,955 | 1,763 | $740,000 | $730,000 | $373 | 0.99 | 74 | 77 |
| 1755 Heywood Street | Simi Valley | 2018 | 07/28/2026 | 3 | 3 | 1,602 | 1,602 | $649,000 | $620,000 | $387 | 0.95 | 69 | 76 |
| Total: 5 · Average | 2.8 | 2.8 | 1,713.2 | 1,619 | $668,800 | $668,800 | $391.6 | — | 56.4 | ||||
| Median | 1,809 | $694,000 | $694,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.