550 Lorabel Way Unit B, Simi Valley, CA 93065

Off market dec 2019 for $485K

$661,396

Est. refi paymentEst. refi $1,868/mo

•

1,507

sq ft

550 Lorabel Way Unit B, Simi Valley, CA 93065

About this home

The home you have been waiting for! This special and highly sought-after 3 bed and 3 bath Summer Side townhouse, welcomes you with soaring high ceilings, charming sweeping staircase and ample windows that flood the entire home with natural light! Inviting family room w/ cozy fireplace opens to the Kitchen. Classic kitchen with neutral wood-like floors, stainless-steel appliances, spacious pantry cabinets and a convenient breakfast bar! Kitchen opens to dining room that features sliding glass doors that lead to the low maintenance and private patio. Open floor plan between entry, dining, and living areas! Second floor roomy master suite features large windows, walk in closet, private master bathroom w/ large soak tub, dual sinks, and walk in shower. Two additional upstairs bedrooms are spacious with built in closets and share the upstairs full bathroom. Neutral paint and finishes throughout! Direct access two car garage w/ private laundry area with washer and dryer included! Situated behind gates on a beautiful and peaceful cul-de-sac and nearby the community pool/spa. Enjoy all the luxuries of nearby fine dining, shopping, hiking trails, parks, and coveted Wood Ranch Elementary school, all within the Wood Ranch community!

TownhomeProperty Type

1998Year Built

929 sq ftLot Size

$439Est. Price/Sq.Ft.

2 car garageParking

Listed by Elena Radosavcev •DRE #01948449 • Prime Realty Inc.

•818-917-2587 (agent)

•elenaradosa@gmail.com (agent)

•818-991-6629 (broker)

Bought with Brooke Grayson • Aviara Real Estate

•805-418-2500 (broker)

•CorpBroker@aviarare.com (broker)

Redfin checked: a few seconds ago

•Source:CSMAR #219009677

Redfin Estimate

$661,396

$176K since sold in December 2019$10K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.3% lower than the average sale price ($754K) of 6 comparable homes.

SOLD OCT 7, 2026
$690,000
A
3 beds3 baths1,499 sq ft
24 Skyflower Ln, Simi Valley, CA 93065
SOLD JUL 14, 2026
$720,000
B
3 beds2.5 baths1,676 sq ft
528 Yarrow Dr, Simi Valley, CA 93065
SOLD MAY 22, 2026
$715,000
C
3 beds2.5 baths1,298 sq ft
566 Hooper, Simi Valley, CA 93065
SOLD SEP 18, 2026
$694,000
D
3 beds2.5 baths1,834 sq ft
530 Sonata Way Unit C, Simi Valley, CA 93065
SOLD JAN 12, 2026
$759,000
E
3 beds2.5 baths1,493 sq ft
618 Kirkside Pl, Simi Valley, CA 93065
SOLD MAY 1, 2026
$945,000
F
3 beds2.5 baths1,453 sq ft
2931 Capella Way, Thousand Oaks, CA 91362
Christie's International Real Estate SoCal

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Earn from this home

Sell

$290,470

Est. take-home

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Refinance

Est. cash available

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Rent

$3,428/mo

Redfin rental estimate

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Market trends in 93065, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

0.5% MoM

Median sale price

$800K

$235 MoM

Avg. days on market

47d

5 days MoM

Recently sold homes

171

11 MoM

New listings for sale

NEW 2 HRS AGO
$725,000
2 beds2.5 baths1,362 sq ft
2521 Little Rock Ln, Simi Valley, CA 93065
NEW 34 HRS AGO
$735,000
3 beds2.5 baths1,996 sq ft
242 Morro Way #2, Simi Valley, CA 93065
(805) 777-7777
OPEN SUN, 2PM TO 4PM
$839,999
4 beds2.5 baths1,831 sq ft
1743 Duskwood Way, Simi Valley, CA 93065
(805) 777-7777
$475,000
2 beds2 baths926 sq ft
1195 Fitzgerald Rd Unit C, Simi Valley, CA 93065
(888) 652-1314
3D WALKTHROUGH
$335,000
1 bed1 bath733 sq ft
2506 Chandler Ave #255, Simi Valley, CA 93065
3D WALKTHROUGH
$619,900
3 beds2.5 baths1,377 sq ft
2776 Erringer Rd #19, Simi Valley, CA 93065
eXp Realty of California Inc
$779,000
3 beds2 baths1,081 sq ft
1195 Corto St, Simi Valley, CA 93065
OPEN SAT, 12PM TO 3PM
$999,000
4 beds2.5 baths2,028 sq ft
2055 Stoneman St, Simi Valley, CA 93065
Riverpark Realty
$799,000
3 beds2 baths1,244 sq ft
2874 Beaver Ave, Simi Valley, CA 93065
$1,299,990
5 beds3 baths3,089 sq ft
3254 Coastal Oak Dr, Simi Valley, CA 93065
(805) 892-8119
See all

Provided by Redfin

Sale history for 550 Lorabel Way Unit B

Date

Event

Price

CSMAR #219009677

Dec 24, 2019

Sold

$485,000

$322/sq ft

Dec 20, 2019

Pending

—

Nov 25, 2019

Contingent

—

Aug 24, 2019

Price Changed

$499,000

$331/sq ft

May 22, 2019

Listed

$499,000

$331/sq ft

May 22, 2019

Listed

$515,000

$342/sq ft

+49

CSMAR #219006224

Aug 2, 2019

Listing Removed

—

May 22, 2019

Listed

$515,000

$342/sq ft

The home you have been waiting for! This special and highly sought-after 3 bed and 3 bath Summerside townhouse, welcomes you with soaring high ceilings, charming sweeping staircase and ample windows that flood the entire home with natural light! Inviting family room w/ cozy fireplace opens to the Kitchen. Classic kitchen with gleaming wood-like floors, stainless-steel appliances, pantry cabinets and breakfast bar! Kitchen opens to dining room that features sliding glass doors that lead to the low maintenance patio. Open floor plan between entry, dining, and living areas! Second floor spacious master suite features large windows, walk in closet, private master bathroom w/ large soak tub, dual sinks, and shower. Two additional upstairs bedrooms are spacious with built in closets and share the upstairs full bathroom. Neutral paint and finishes throughout! Direct access two car garage. Situated behind gates on a beautiful and peaceful cul-de-sac and nearby the community pool/spa. Enjoy all the luxuries of nearby fine dining, shopping, hiking trails, parks, and coveted Wood Ranch Elementary school, all within the Wood Ranch community!

CSMAR #13007595

Aug 9, 2013

Sold

$360,000

$239/sq ft

Jun 11, 2013

Pending

—

Jun 11, 2013

Delisted

—

Jun 6, 2013

Listed

$340,000

$226/sq ft

Jun 4, 2013

Listed

$340,000

$226/sq ft

CSMAR #13001010

Mar 4, 2013

Listing Removed

—

Jan 23, 2013

Listed

$340,000

$226/sq ft

Public Records

Oct 15, 2004

Sold

$460,000

$305/sq ft

CSMAR #1931909

May 25, 2004

Listed

$469,900

$312/sq ft

Public Records

Jul 28, 1998

Sold

$186,500

$124/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,390 (+1.6%)

$351,946 + $189,078

$541,024

2024

$6,291 (+6.3%)

$345,045 + $185,371

$530,416

2023

$5,918 (+0.1%)

$338,279 + $181,737

$520,016

2022

$5,912 (+0.5%)

$331,646 + $178,174

$509,820

2021

$5,884 (+1.9%)

$325,143 + $174,681

$499,824

2020

$5,772 (+26.3%)

$318,768 + $171,256

$490,024

2019

$4,571 (+0.8%)

$315,500 + $169,500

$485,000

2018

$4,537 (+2.2%)

$158,241 + $237,363

$395,604

2017

$4,439 (+4.7%)

$152,098 + $228,147

$380,245

2016

$4,240 (+2.1%)

$152,098 + $228,147

$380,245

2015

$4,154 (+0.9%)

$149,116 + $223,674

$372,790

2014

$4,116 (+3.8%)

$144,000 + $216,000

$360,000

2013

$3,966 (+2.7%)

$144,000 + $216,000

$360,000

2012

$3,860 (−11.4%)

$220,000 + $120,000

$340,000

2011

$4,358 (−6.0%)

$213,000 + $116,000

$329,000

2010

$4,639 (+3.9%)

$245,000 + $133,000

$378,000

2009

$4,465 (−16.4%)

$263,000 + $142,000

$405,000

2008

$5,342

$253,000 + $137,000

$390,000

Tax history for 550 Lorabel Way Unit B

Year

Property tax

Land + Additions

Assessment*

2025

$6,390 (+1.6%)

$351,946 + $189,078

$541,024

2024

$6,291 (+6.3%)

$345,045 + $185,371

$530,416

2023

$5,918 (+0.1%)

$338,279 + $181,737

$520,016

2022

$5,912 (+0.5%)

$331,646 + $178,174

$509,820

2021

$5,884 (+1.9%)

$325,143 + $174,681

$499,824

2020

$5,772 (+26.3%)

$318,768 + $171,256

$490,024

2019

$4,571 (+0.8%)

$315,500 + $169,500

$485,000

2018

$4,537 (+2.2%)

$158,241 + $237,363

$395,604

2017

$4,439 (+4.7%)

$152,098 + $228,147

$380,245

2016

$4,240 (+2.1%)

$152,098 + $228,147

$380,245

2015

$4,154 (+0.9%)

$149,116 + $223,674

$372,790

2014

$4,116 (+3.8%)

$144,000 + $216,000

$360,000

2013

$3,966 (+2.7%)

$144,000 + $216,000

$360,000

2012

$3,860 (−11.4%)

$220,000 + $120,000

$340,000

2011

$4,358 (−6.0%)

$213,000 + $116,000

$329,000

2010

$4,639 (+3.9%)

$245,000 + $133,000

$378,000

2009

$4,465 (−16.4%)

$263,000 + $142,000

$405,000

2008

$5,342

$253,000 + $137,000

$390,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,507

Year built

1998

Style

Condo/Co-op

County

Ventura County

APN

5960151535

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 24, 2026.

Residential High Density District

The RH zoning district is intended for areas of more compact multi-family residential developments, such as townhouses, garden apartments, and other multiple-unit dwellings. The residential density in this zoning district may range from 10.1 to 20 units per acre.

Permitted uses

Include but are not limited to:

Housing-Multiple units
Housing-Senior
Fire house
Golf related
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard

Property details

Parking

Parking Information
Garage Spaces: 2.0
Parking Features: Gated

Interior

Bathroom Information
Bathrooms Half: 1
Bathrooms One Quarter: 0
Bathrooms Full: 2
Bathrooms Three Quarter: 0
Bathrooms Total Decimal: 2.5
Bathrooms Total Integer: 3

Bedroom Information
Bedrooms Total: 3

Heating & Cooling
Heating YN: Yes

Interior Features
Living Area: 1507.0
Living Area Source: Public Records
Laundry Features: In Garage
Appliances: Microwave, Range
Fireplace YN: Yes
Fireplace Features: Other
Flooring: Carpet

Exterior

Exterior Features
Patio And Porch Features: Enclosed
Fencing: Stucco Wall, Wrought Iron
Construction Materials: Stucco
Entry Location: Ground Level - No Steps, Ground Level w/Steps
Exterior Construction: Stucco

Pool Information
Pool Private YN: Yes
Spa YN: Yes

Property Information
Security Features: Gated Community
Levels: Two
Property Type: Residential
Property Sub Type: Townhouse
Property Condition: Updated/Remodeled

Lot Information
View YN: No

Building Information
Building Area Total: 1507.0

Financial

Financial Information
Listing Terms: Conventional, Other, Submit

Location

HOA Information
Has HOA
Association Name: Summerside/Sycamore Canyon
Association Amenities: Controlled Access, Guest Parking, Maintains Landscape, Other
Association Fee Includes: Building & Grounds, Earthquake Insurance, Maintenance Paid
Association Fee: 345.0
Association Fee Frequency: Monthly
Association Fee 2: 113.0
Association Fee 2 Frequency: Monthly

Location Information
County Or Parish: Ventura
Cross Street: Bannister Way
Directions: S Wood Ranch Pkwy Right onto Circle Knoll Left on Bannister Way Bannister Way leads to Lorabel PLEASE NOTE- GOOGLE MAPS WILL NOT LEAD YOU TO THE RIGHT ENTRY GATE!
MLS Area Major: SWR - Simi Wood Ranch
State Or Province: CA
Street Additional Info: B
Subdivision Name: Summerside-399
Unparsed Address: 550 Lorabel Way, B, Simi Valley, CA 93065

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,507
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1998
Year Renovated: —
County: Ventura County
APN: 5960151535

Home facts updated by county records on Sep 24, 2026

Other

Documents & Disclosures
Disclosures: CC & R
Documents Count: 0

Listing Information
Land Lease Type: Fee Simple
Approval Status: Yes
Possession: Close of Escrow
Special Listing Conditions: Standard
Mls Status: Closed
Stories Total: 2
Photos Count: 1
Videos Count: 0
Year Built: 1998
Year Built Source: Assessor
Zoning Description: RPD1.29

Listing Price Information
Previous List Price: 515000.0

Around this home

Schools

Wood Ranch Elementary School

Public K-6 • Assigned • 0.3mi

6/10

Sinaloa Middle School

Public 6-8 • Assigned • 2.8mi

5/10

Royal High School

Public 9-12 • Assigned • 3.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

7/10 Fire Factor

18% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Simi Valley, CA • 93065

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 6.2 hours in December, placing it above the U.S. average for solar exposure.

10 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$629,000 – $761,000

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3D WALKTHROUGH

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3D WALKTHROUGH

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eXp Realty of California Inc

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Home values near 550 Lorabel Way Unit B

Data from public records.

Address	Redfin Estimate
545 Lorabel Way Apt A, Simi Valley, CA 3 Beds \| 3 Baths \| 1833 Sq. Ft.	$706,750
545 Lorabel Way Apt D, Simi Valley, CA 3 Beds \| 2.5 Baths \| 1833 Sq. Ft.	$789,741

Address	Redfin Estimate
545 Lorabel Way, Simi Valley, CA 3 Beds \| 3 Baths \| 1507 Sq. Ft.	$676,177
550 Lorabel Way Apt D, Simi Valley, CA 3 Beds \| 2.5 Baths \| 1833 Sq. Ft.	$748,014

Address	Redfin Estimate
545 Lorabel Way Apt B, Simi Valley, CA 3 Beds \| 2.5 Baths \| 1347 Sq. Ft.	$657,776
550 Lorabel Way Apt C, Simi Valley, CA 3 Beds \| 2.5 Baths \| 1347 Sq. Ft.	$645,040

Property information provided by CSMAR when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 93065, CA

Sale history for 550 Lorabel Way Unit B

Tax history for 550 Lorabel Way Unit B

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 93065

Home values near 550 Lorabel Way Unit B

More real estate resources