Listed by Rey DeLa Cruz •DRE #01052252 • Real Estate eBroker, Inc.

Contact: 805-587-3490

For sale

$649,999

Est. $5,083/mo —

•

1,347

sq ft

550 Lorabel Way Unit C, Simi Valley, CA 93065

About this home

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.

TownhomeProperty Type

1998Year Built

1,347 sq ftLot Size

$483Price/Sq.Ft.

$601/moHOA Dues

2 car garageParking

Listing updated: Sep 22, 2026 at 11:33am

Redfin checked: 3 minutes ago

•Source:CRMLS #SR26128225

Payment calculator

$5,083 per month

Principal and interest$3,681

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

Open houses

No upcoming open houses.

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OPEN FRI, 1PM TO 4PM3D WALKTHROUGH
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OPEN SAT, 1PM TO 4PM
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Around this home

Schools

K - 12
Preschool & daycare

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

About Wood

Ranch

Wood Ranch, located between Wood Ranch Parkway and Madera Road, is a master-planned and hillside Simi Valley neighborhood with golf-course greens and chaparral ridgelines. The neighborhood’s character concentrates around the Wood Ranch Parkway & Country Club Drive junction, where gated entries, trailheads, and the fairway edge set a calm, outdoors-forward tone. Streets curve past Mediterranean-influenced stucco homes, tile roofs, and manicured slopes that track the Santa Susana foothills. The Wood Ranch Golf Club functions as a social anchor with clubhouse views and event energy. Corriganville Park adds open-space drama with rocky outcrops and wide dirt paths. Evenings read quiet, with canyon breezes and dark-sky pockets along the upper streets.

Provided by Walk Score and Local Logic

Offer insights

550 Lorabel Way Unit C · $649,999

Strong offer

$648K and above

75% chance or better to win

Why $648K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 69 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Two-level unit with ground entry
All bedrooms located upstairs
Living room with fireplace
One main-level bathroom

Bedrooms
Bedrooms are on the upper level

Bathrooms
Two full bathrooms
One half bathroom

Kitchen
Includes kitchen (appliances not separately listed)

Laundry & utility
In-garage laundry
Washer included
Dryer included

Heating & cooling
Central cooling

Sale and tax history for 550 Lorabel Way Unit C

Sale History
Tax History

Date

Event

Price

CRMLS #SR26128225

Sep 22, 2026

Relisted

—

Sep 19, 2026

Price Changed

$649,999

$483/sq ft

Sep 11, 2026

Price Changed

$729,999

$542/sq ft

Aug 13, 2026

Price Changed

$749,999

$557/sq ft

Jul 15, 2026

Price Changed

$759,999

$564/sq ft

Jun 11, 2026

Listed

$779,000

$578/sq ft

CRMLS #SR17160989

Sep 21, 2017

Sold

$495,500

$368/sq ft

Sep 18, 2017

Pending

—

Aug 22, 2017

Contingent

—

Jul 14, 2017

Listed

$509,000

$378/sq ft

This recently remodeled 3 bed / 2.5 bath condo is located in the gated community of Summerside in Wood Ranch. Fully remodeled kitchen completed in Aug. 2016 includes custom cabinets, fireclay farm sink, recessed lighting, quartz counters & glass tile backsplash all accented by under cabinet LED lighting. Upgraded wood like flooring throughout the first level which features a cozy fireplace & remodeled half bath. All 3 bedrooms are upstairs. Large master suite features a walk-in closet, dual sinks and a large tub with separate freestanding shower. Other amenities include plantation shutters throughout, ceiling fans in every bedroom, Nest Learning thermostat, 2 car garage & pet friendly backyard. Walking distance to Long Canyon Hiking Trail as well as highly acclaimed, award winning elementary school! HOA's cover community Pool, gated entry & well-maintained landscaping throughout the subdivision.

CRMLS #SR16178231

Nov 11, 2016

Price Changed

$498,900

$370/sq ft

Aug 12, 2016

Listed

$499,000

$370/sq ft

CRMLS #215006562

Jul 21, 2015

Sold

$425,000

$316/sq ft

Jun 30, 2015

Pending

—

Jun 6, 2015

Pending

—

May 20, 2015

Price Changed

$429,000

$318/sq ft

May 11, 2015

Price Changed

$439,000

$326/sq ft

May 4, 2015

Listed

$440,000

$327/sq ft

May 4, 2015

Listed

$429,000

$318/sq ft

Public Records

Sep 26, 2002

Sold

$300,000

$223/sq ft

Public Records

Jul 28, 1998

Sold

$169,000

$125/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,679 (+1.6%)

$373,707 + $201,357

$575,064

2024

$6,576 (+6.3%)

$366,380 + $197,409

$563,789

2023

$6,185 (+0.1%)

$359,196 + $193,539

$552,735

2022

$6,178 (+0.5%)

$352,153 + $189,745

$541,898

2021

$6,148 (+1.9%)

$345,248 + $186,025

$531,273

2020

$6,032 (+4.8%)

$338,478 + $182,378

$520,856

2019

$5,754 (+0.7%)

$335,008 + $180,509

$515,517

2018

$5,716 (+13.8%)

$328,440 + $176,970

$505,410

2017

$5,023 (+4.7%)

$282,030 + $151,470

$433,500

2016

$4,800 (+284.3%)

$282,030 + $151,470

$433,500

2015

$1,249 (+1.1%)

$276,500 + $148,500

$425,000

2014

$1,235 (+0.5%)

$19,973 + $73,963

$93,936

2013

$1,228 (+1.4%)

$19,973 + $73,963

$93,936

2012

$1,211 (+2.3%)

$19,884 + $73,630

$93,514

2011

$1,184 (+0.8%)

$19,495 + $72,187

$91,682

2010

$1,175

$19,113 + $70,772

$89,885

2009

$1,174 (+1.8%)

$18,971 + $70,244

$89,215

2008

$1,152

$19,017 + $70,412

$89,429

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

1,347

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,347

Year built

1998

Style

Condo/Co-op

County

Ventura County

APN

5960151525

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

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

77/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 550 Lorabel Way Unit C

$644,741

$5,258 under list price of $650K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $640K to $805K.

SOLD SEP 18, 2026
$694,000 Last sold price
3 beds2.5 baths1,834 sq ft
530 Sonata Way Unit C, Simi Valley, CA 93065
$105/sq ft
larger lot
2 years older
SOLD AUG 3, 2026
$805,000 Last sold price
2 beds3 baths1,535 sq ft
752 Wind Willow Way, Simi Valley, CA 93065
$41/sq ft
larger lot
12 years older
SOLD AUG 30, 2026
$640,000 Last sold price
2 beds2 baths1,280 sq ft
405 Huyler Ln Unit D, Simi Valley, CA 93065
Equity Union
$17/sq ft
10 years older
SOLD AUG 6, 2026
$640,000 Last sold price
2 beds2 baths1,280 sq ft
280 Ridgeton Ln Unit A, Simi Valley, CA 93065
$17/sq ft
10 years older
SOLD JUL 14, 2026
$720,000 Last sold price
3 beds2.5 baths1,676 sq ft
528 Yarrow Dr, Simi Valley, CA 93065
$53/sq ft
larger lot
SOLD AUG 24, 2026
$730,000 Last sold price
3 beds2.5 baths1,955 sq ft
521 Sonata Way Unit C, Simi Valley, CA 93065
$110/sq ft
larger lot
2 years older

Rental earnings

Est. $3,373 per month, based on comparable rentals

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