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5721 Velvet Oak Court, Simi Valley, CA 93063

$1.42M5bd · 5ba · 3,906 sqft
Lot 8,276 sqft•HOA $178/mo•Single Family Residence•
Active
•44d on market•MLS# SR-26205575

Property Description

"REDUCED PRICE"! Located in the scenic hills of Simi Valley, this five bedroom and 4.5 bathroom home is a real treasure. Step inside and you'll notice the high ceilings and attractive Mediterranean style flooring. A cozy formal living room with a fireplace opens off the grand foyer, and there's also a large dining room. The kitchen features an island for dining, beautiful granite counters, a nice mosaic backsplash, plenty of counter space, and good storage. It opens into the great room. Many large windows fill the home with natural light and highlight the excellent construction and stunning views of Simi Valley. Two staircases, front and back, make moving around the home convenient. On the lower level, there's a bedroom with a private bathroom, a powder room, a laundry room with a sink and storage space, a three car garage with treated flooring, and a water recirculation system attached to the water heater for instant hot water everywhere. Upstairs, you'll see a spacious loft with surround sound, ideal for a home theatre. Three guest bedrooms are also upstairs, with one having a private bathroom. The primary bedroom is a perfect escape, offering a fireplace, mountain views, and an elegant bathroom with two sinks, a soaking tub, a shower with dual heads, and a large walk in closet. The home is equipped with owned solar panels, which minimize electricity costs. Embrace sophisticated living in Simi Valley.

Features & Amenities

FeeBuilt 2003

Property Details

Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Fireplace(s)
Cooling
Central Air, Dual, Electric
View
Mountain(s)
Flooring
Vinyl, Carpet, Laminate, Tile
City
Simi Valley
Zip Code
93063
County
Ventura
Listed byHomeSmart Evergreen Realty, Jacob Koshy

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,205.32
Principal & Interest
Loan Amount
$1,139,960
Total Interest
$1,453,956
Total Payment Over 30 Years
$2,593,916
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

5721 Velvet Oak Court, Simi Valley, CA 93063

Simi Valley · Single Family Residence

$1.42M
Luxury Tier
Beds
5
Baths
5
Sqft
3,906
Lot
8,276 sqft
Year
2003
$/Sqft
$365
Pool: No✓
Spa: Yes✓
View: mountain✓

Listed in line with the median closed sale of $1,399,000. Expect a longer timeline — comps averaged 140 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.42M· $365/sqft
Total list price
Closed comps
vs closed median $1.40M
+$26K (+1.9%)
Active comps
vs active median $1.32M
+$100K (+7.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $452
−$87 (−19.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5290 Holly Oak CourtSimi Valley2003543,24313,462$416$1.35M1777
5588 California Oak StreetSimi Valley2004543,91627,221$370$1.45M2366
2953 KlamathSimi Valley1986432,58710,125$503$1.30M665
2990 Klamath AvenueSimi Valley1986432,4889,529$522$1.30M3864
5266 Seneca PlaceSimi Valley1987432,9519,255$449$1.32M954
Total: 5 · Average4.43.43,03713,918.4$452$1.34M18.6
Median2,951$1.32M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5861 Mustang DriveSimi Valley200010/30/2026544,11110,890$1.44M$1.38M$3340.969169
5917 Evening Sky DriveSimi Valley200110/15/2026543,96512,196$1.50M$1.41M$3540.947267
5937 Indian Terrace DriveSimi Valley199905/22/2026543,8847,405$1.63M$1.54M$3960.9410066
2805 Yurok CourtSimi Valley199909/04/2026432,9437,405$1.20M$1.24M$4201.033658
4691 Summit AvenueSimi Valley202505/01/2026442,9009,583$1.40M$1.40M$4821.0040156
Total: 5 · Average4.63.83,560.69,495.8$1.39M$1.39M$397.2—140
Median3,884$1.40M$1.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.