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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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Simi Valley · Townhouse
Listed 6.0% below the median closed sale of $680,000.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 390 Country Club Drive | Simi Valley | 1989 | 2 | 3 | 1,376 | 1,376 | $461 | $634,999 | 38 | 78 |
| 236 Country Club Drive | Simi Valley | 1989 | 2 | 3 | 1,376 | 1,376 | $487 | $670,000 | 95 | 78 |
| 240 Country Club | Simi Valley | 1989 | 3 | 3 | 1,605 | 1,605 | $436 | $700,000 | 38 | 77 |
| 330 Country Club Drive | Simi Valley | 1989 | 3 | 3 | 1,605 | 1,605 | $421 | $675,000 | 30 | 76 |
| 682 Llanerch Lane | Simi Valley | 1986 | 2 | 2 | 1,228 | 1,228 | $578 | $710,000 | 9 | 73 |
| Total: 5 · Average | 2.4 | 2.8 | 1,438 | 1,438 | $476.6 | $677,999.8 | 42 | |||
| Median | 1,376 | $675,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 528 Yarrow Drive | Simi Valley | 1998 | 07/14/2026 | 3 | 3 | 1,676 | 1,676 | $769,000 | $720,000 | $430 | 0.94 | 67 | 87 |
| 638 High Plains | Simi Valley | 1991 | 05/04/2026 | 2 | 2 | 1,191 | 1,191 | $649,000 | $630,000 | $529 | 0.97 | 63 | 80 |
| 620 Ivywood | Simi Valley | 1990 | 10/07/2026 | 3 | 3 | 1,579 | 0 | $675,000 | $655,000 | $415 | 0.97 | 182 | 78 |
| 757 Congressional Road | Simi Valley | 1985 | 09/28/2026 | 3 | 3 | 1,535 | 1,535 | $714,900 | $714,900 | $466 | 1.00 | 40 | 77 |
| 600 Kingswood Lane | Simi Valley | 1994 | 07/21/2026 | 3 | 3 | 1,579 | 1,579 | $689,999 | $680,000 | $431 | 0.99 | 38 | 75 |
| Total: 5 · Average | 2.8 | 2.8 | 1,512 | 1,495.25 | $679,980 | $679,980 | $454.2 | — | 78 | ||||
| Median | 1,579 | $680,000 | $680,000 | ||||||||||
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.