Listed by Davis Bartels•DRE #01933814• Pinnacle Estate Properties, In
Contingent
$4,799,000
Est. $31,100/mo —
4
bd
•
2 ba
•
2,125
sq ft
3941 Walnut Ave, Simi Valley, CA 93063
About this home
A truly rare opportunity to own approximately 14.4 acres across five separate parcels in a private and peaceful setting. Whether you're dreaming of building a custom estate, creating a multi-home family compound, or establishing your own ranch or equestrian property, this expansive offering provides the space, flexibility, and potential to bring your vision to life. This is one of the few opportunities in the area where you can enjoy the privacy and scale of rural living, while still being close to everyday conveniences. The land is flat to gently sloping, offering an ideal canvas for a wide variety of residential possibilities. APNs included in the sale:614-0-010-065, 614-0-010-075, 614-0-010-085, 614-0-010-205, 614-0-010-195.Build your legacy here--opportunities like this don't come around often.
Central Simi Valley, located between the Simi Valley Town Center area and Rancho Simi Community Park, is a residential and civic Simi Valley neighborhood with mid-century ranch streetscapes and a steady retail corridor. The neighborhood’s character concentrates around the Sycamore Drive and Cochran Street crossroads, where coffee counters, taquerias, and everyday storefronts keep the sidewalks in motion. Single-story homes, tidy cul-de-sacs, and pockets of apartments create a practical, lived-in architectural mix. Rancho Simi Community Park and the adjacent Simi Valley Aquatics Center set an outdoors-and-recreation rhythm. The Simi Valley Cultural Arts Center and the Strathearn Historical Park & Museum add a local-heritage throughline. Erringer Park and the Arroyo Simi Greenway trace a green edge through the grid.
Provided by Walk Score and Local Logic
Market insights
3941 Walnut Ave · $4,799,000
DAYS ON MARKET
506 days
The average home goes pending in 43 days.
SALE-TO-LIST
98.7%
Most homes are selling 1% below list price.
LIST PRICE
$4,799,000
Median sale price in this area is $951,621. (80% lower than this home)
PRICE DROP
1 price drop
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Living
Interior features
One-level home
Family room
Living room
All bedrooms on the ground floor
Bedrooms
Main floor bedroom(s)
Bathrooms
2 full bathrooms
Kitchen
Includes refrigerator
Laundry & utility
Washer hookup
Gas dryer hookup
Has laundry
Heating & cooling
Central furnace heating
Exterior features
Concrete patio
Sprinklers
Chain link fencing
Outbuilding
Has a view
Additional parcels included in sale
Home design
Single-story house
No accessory dwelling unit reported
Parking
Driveway parking
Construction
No common walls
Utilities
Public sewer
District/public water and agricultural well
HOA & community
Mountainous community setting
Electricity and solar
View estimated energy costs and solar savings for this home
Outstanding development opportunity--this 14.4-acre offering spans five legal parcels and is perfectly suited for a wide range of residential or mixed-use projects. Whether you're envisioning a single-family developement, a multi-family development, or something uniquely tailored to your investment goals, the size, layout, and location of this property offer tremendous potential. Zoning and density to be verified by buyer, but the land lends itself well to a variety of configurations and future uses. With multiple APNs and flexible access points, this is a rare chance to acquire a development-ready footprint with scale. APNs included in the sale:614-0-010-065, 614-0-010-075, 614-0-010-085, 614-0-010-205, 614-0-010-195.Don't miss the opportunity to secure a strategic land portfolio in a desirable area, with long-term upside and multiple exit strategies.
CRMLS #V1-29393
Dec 2, 2025
Contingent
—
Aug 11, 2025
Price Changed
$4,799,000
$2,258/sq ft
Apr 17, 2025
Listed
$5,499,000
$2,588/sq ft
+21
Outstanding development opportunity--this 14.4-acre offering spans five legal parcels and is perfectly suited for a wide range of residential or mixed-use projects. Whether you're envisioning a single-family developement, a multi-family development, or something uniquely tailored to your investment goals, the size, layout, and location of this property offer tremendous potential. Zoning and density to be verified by buyer, but the land lends itself well to a variety of configurations and future uses. With multiple APNs and flexible access points, this is a rare chance to acquire a development-ready footprint with scale. APNs included in the sale: 614-0-010-065, 614-0-010-075, 614-0-010-085, 614-0-010-205, 614-0-010-195. Don't miss the opportunity to secure a strategic land portfolio in a desirable area, with long-term upside and multiple exit strategies.
Year
Property tax
Land + Additions
Assessment*
2025
$7,266 (+1.1%)
$372,296 + $281,948
$654,244
2024
$7,188 (+563.8%)
$372,296 + $281,948
$654,244
2023
$1,083 (−0.2%)
$364,996 + $276,420
$641,416
2022
$1,085 (+0.3%)
$21,147 + $78,885
$100,032
2021
$1,081 (+1.6%)
$20,732 + $77,339
$98,071
2020
$1,064 (+4.4%)
$20,326 + $75,823
$96,149
2019
$1,020 (+0.5%)
$20,118 + $75,047
$95,165
2018
$1,014 (+1.9%)
$19,724 + $73,576
$93,300
2017
$995 (+4.3%)
$18,959 + $70,720
$89,679
2016
$954 (+1.7%)
$18,959 + $70,720
$89,679
2015
$938 (+1.0%)
$18,588 + $69,334
$87,922
2014
$929 (+0.7%)
$17,951 + $66,957
$84,908
2013
$922 (+1.7%)
$17,951 + $66,957
$84,908
2012
$907 (+2.8%)
$17,871 + $66,655
$84,526
2011
$882 (+1.1%)
$17,521 + $65,349
$82,870
2010
$873 (+0.1%)
$17,178 + $64,068
$81,246
2009
$872 (+2.3%)
$17,050 + $63,590
$80,640
2008
$852
$17,092 + $63,742
$80,834
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Finished Sq. Ft.
2,125
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,125
Year built
1962
Style
Single Family Residential
County
Ventura County
APN
6140010075
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
OS-160
Open Space Zone - 160 acres
The purpose of this zone is to provide for any of the following on parcels or areas of land or water that are essentially unimproved: The preservation of natural resources including, but not limited to: areas required for the preservation of plant and animal life, including habitat for fish and wildlife species; areas required for ecologic and other scientific study purposes; rivers, streams, bays and estuaries; and, coastal beaches, lakeshores, banks of rivers and streams, and watershed lands.; The managed production of resources, including but not limited to: forest lands, rangeland, agricultural lands and areas of economic importance for the production of food or fiber; areas required for recharge of groundwater basins; bays, estuaries, marshes, rivers and streams which are important for the management of commercial fisheries; and, areas containing major mineral deposits, including those in short supply.; Outdoor recreation, including but not limited to: areas of outstanding scenic, historic and cultural value; areas particularly suited for park and recreation purposes, including access to lakeshores, beaches, and rivers and streams; and, areas which serve as links between major recreation and open-space reservations, including utility easements, banks of rivers and streams, trails, and scenic highway corridors.; The public health and safety, including, but not limited to areas which require special management or regulation because of hazardous or special conditions such as earthquake fault zones, unstable soil areas, flood plains, watersheds, areas presenting high fire risks, areas required for the protection of water quality and water reservoirs and areas required for the protection and enhancement of air quality.; The formation and continuation of cohesive communities by defining the boundaries and by helping to prevent urban sprawl.; The promotion of efficient municipal services and facilities by confining urban development to defined development areas.; Support of the mission of military installations that comprises areas adjacent to military installations, military training routes, and underlying restricted airspace that can provide additional buffer zones to military activities and complement the resource values of the military lands.; The protection of places, features, and objects described in Sections 5097.9 and 5097.993 of the Public Resources Code.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Livestock production
Winery & vineyard
Agriculture-Other
Housing-Single unit
Housing-Senior
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
9/10 Fire Factor
49% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Simi Valley, CA • 93063
Average low and high temperatures (°F)
65
49
68
50
72
50
69
49
74
52
79
55
82
56
88
62
84
60
79
56
69
50
69
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3941 Walnut Ave
$4,654,528
$144K under list price of $4.80M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $942K to $1.4M.