550 Lorabel Way, C, Simi Valley, CA 93065
550 Lorabel Way, C, Simi Valley, CA 93065
Property Description
HUGE PRICE DROP! Nestled within the desirable Summerside GATED community in Wood Ranch, 550 Lorabel Way, Unit C, Simi Valley has an exceptional blend of comfort, style, and convenience. This beautifully updated two-story condominium, NEWLY CARPETED, features 3 bedrooms, 2.5 bathrooms, and approximately 1,347 square feet of thoughtfully designed living space. The remodeled kitchen showcases custom cabinetry, countertops, sink, and finishes, while wood-style flooring and a cozy fireplace create a warm and inviting atmosphere. Upstairs, the spacious primary suite includes a walk-in closet, dual vanities, and a luxurious bath with a separate shower and soaking tub. Additional highlights include plantation shutters, ceiling fans throughout, a smart thermostat, an attached two-car garage, and a private LOW MAINTENANCE BACKYARD ideal for relaxing or entertaining. Residents enjoy access to community amenities, including a pool and gated entry, all within close proximity to scenic hiking trails, parks, shopping, dining, and highly regarded schools.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Simi Valley · Townhouse
Listed in line with the median closed sale of $635,000.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 236 Country Club Drive | Simi Valley | 1989 | 2 | 3 | 1,376 | 1,376 | $487 | $670,000 | 74 | 88 |
| 390 Country Club Drive | Simi Valley | 1989 | 2 | 3 | 1,376 | 1,376 | $472 | $649,999 | 17 | 87 |
| 240 Country Club | Simi Valley | 1989 | 3 | 3 | 1,605 | 1,605 | $436 | $700,000 | 16 | 86 |
| 2762 Erringer | Simi Valley | 1988 | 2 | 3 | 1,212 | 1,212 | $470 | $569,999 | 11 | 86 |
| 3974 Cochran Street | Simi Valley | 1987 | 3 | 3 | 1,207 | 871 | $476 | $575,000 | 43 | 85 |
| Total: 5 · Average | 2.4 | 3.0 | 1,355.2 | 1,288 | $468.2 | $632,999.6 | 32.2 | |||
| Median | 1,376 | $649,999 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1448 Patricia | Simi Valley | 2005 | 05/26/2026 | 3 | 3 | 1,403 | 1,403 | $610,000 | $600,000 | $428 | 0.98 | 74 | 91 |
| 2135 Mandan Place | Simi Valley | 1986 | 08/31/2026 | 3 | 3 | 1,378 | 1,306 | $635,000 | $635,000 | $461 | 1.00 | 63 | 90 |
| 620 Ivywood | Simi Valley | 1990 | 10/07/2026 | 3 | 3 | 1,579 | 0 | $675,000 | $655,000 | $415 | 0.97 | 181 | 88 |
| 757 Congressional Road | Simi Valley | 1985 | 09/28/2026 | 3 | 3 | 1,535 | 1,535 | $714,900 | $714,900 | $466 | 1.00 | 39 | 87 |
| 1934 Suntree Lane | Simi Valley | 1983 | 08/27/2026 | 3 | 2 | 1,324 | 1,324 | $599,000 | $609,000 | $460 | 1.02 | 41 | 87 |
| Total: 5 · Average | 3.0 | 2.8 | 1,443.8 | 1,392 | $642,780 | $642,780 | $446 | — | 79.6 | ||||
| Median | 1,403 | $635,000 | $635,000 | ||||||||||
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.