2331 Welcome Court, Simi Valley, California 93063, Simi Valley, - bed, bath

home-pic
ACTIVE$1,070,000
2331 Welcome Court, Simi Valley, California 93063
5Beds
3Baths
2,723Sqft
11,761Lot
Year Built
1987
Close
-
List price
$1.07M
Original List price
$1.19M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
224004104
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Exceptional value--one of the lowest price-per-square-foot single-story homes available in East Simi Valley. This spacious 5-bedroom, 3-bath home offers 2,723 sq. ft. of living space on an oversized 11,789 sq. ft. cul-de-sac lot, ideal for large or multi-generational, or buyers seeking ADU/rental potential.The well-designed floor plan features two generous living areas--both with fireplaces--a nicely upgraded kitchen that opens to the main living spaces, and great flow for entertaining or everyday living.The expansive backyard offers endless possibilities: room for a pool, an ADU, outdoor kitchen, or custom landscaping. Additional highlights include RV parking, scenic mountain views, a newer roof, and a flexible layout that can be customized to suit a variety of needs.This home is a rare opportunity to own one of the largest single-story residences in the area at a fantastic price.

Price History

Date
Event
Price
07/31/25
$1,070,000
10/01/24
$1,194,700
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (167 Listings)
Beds54
83%
Baths32
54%
Square foot2,7231,816
86%
Lot Size11,7617,405
86%
Price$1.07M$847K
84%
Price per square foot$393$471
13%
Built year19879860986
79%
HOA
Days on market400154
98%
Condition Rating
Fair

Built in 1987, this home shows signs of being well-maintained for its age, with a 'newer roof' as noted in the description. The kitchen, while described as 'nicely upgraded,' features wood cabinets, granite countertops, and tile backsplash that reflect a style popular 15-25 years ago, rather than a recent renovation. The bathrooms are notably dated, with tile countertops, basic fixtures, and patterned flooring that would require significant cosmetic updates to meet current buyer expectations. While some areas have updated flooring (like the LVP in the living room), the overall impression is that of a functional home that has been regularly maintained but has not undergone a full modern renovation in the last 15 years, placing it squarely in the 'fair' category.
Pros & Cons

Pros

Exceptional Value: Positioned as one of the lowest price-per-square-foot single-story homes available in East Simi Valley, offering significant value for its size.
Generous Space & Lot: Features a spacious 2,723 sq. ft. single-story layout with 5 bedrooms and 3 baths, situated on an oversized 11,789 sq. ft. cul-de-sac lot.
ADU & Multi-Generational Potential: The large lot and flexible layout provide excellent opportunities for an Accessory Dwelling Unit (ADU), multi-generational living, or rental income.
Functional & Upgraded Interior: Boasts a well-designed floor plan with two generous living areas, fireplaces, and a nicely upgraded kitchen that promotes open flow for entertaining.
Desirable Exterior Amenities: Includes practical features like RV parking, scenic mountain views, and a newer roof, enhancing its appeal and utility.

Cons

Property Age: Built in 1987, the home may require updates to certain systems or aesthetics beyond the kitchen to meet modern buyer preferences.
Pricing Strategy & Market Alignment: The current listing price is 5% above the estimated value, and a prior price reduction suggests potential overpricing or a need for further market adjustment.
Unspecified Renovation Scope: While the kitchen is upgraded, the description implies other areas might still need customization or renovation to fully realize the home's potential, which could incur additional buyer costs.

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