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490 Peter Place, Simi Valley, California 93065, Simi Valley, 93065 - 4 bed, 3 bath

490 Peter Place, Simi Valley, California 93065 home-pic-0
ACTIVE$1,799,000
490 Peter Place, Simi Valley, California 93065
4Beds
3Baths
3,330Sqft
12,109Lot
Year Built
2001
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$540
HOA
$60
Days on market
-
Sold On
-
MLS number
V1-33769
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s), Panoramic, Valley
Deck
Pool
Spa
Patio
ViewCity Lights,Mountain(s),Panoramic,Valley

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.80M(96th), sqft - 3330(89th), beds - 4(50th), baths - 3(50th).

Welcome to 490 Peter Place, a home where every day offers the choice between living in your own private resort or hosting unforgettable gatherings that friends and family will cherish for years. Nestled on a quiet cul-de-sac in the heart of West Simi Valley, this upgraded Hadleigh estate combines serenity, sophistication, and vibrant energy. From the moment you arrive, you'll be greeted by stunning city and mountain views that set the tone for the luxury within.Whether you need space for an RV or boat, are a classic car enthusiast, or simply want room for your daily drivers, this property provides ample parking and comfort for all vehicles. Step through the large front door and be embraced by light-filled, open-concept living spaces anchored by a warm fireplace, flowing seamlessly into a chef's dream kitchen designed for both culinary creativity and entertaining. Every corner of the home invites relaxation, from intimate family moments to lively gatherings with friends.The home features four generously sized bedrooms, including a private office off the master and a downstairs en-suite ideal for guests or extended family. The primary suite serves as a personal retreat with an adjacent office or exercise room, dual vanities, and a sprawling balcony showcasing breathtaking city and mountain views -- perfect for morning coffee or evening sunsets.The chef's kitchen is a true showpiece, featuring granite countertops, stainless steel appliances, a double oven, six-burner Viking stove, an island with counter seating, and a cozy breakfast nook, ideal for everyday living or entertaining guests.Outside, the backyard transforms into a private paradise with some of the best views in the neighborhood. A pebble-tech swimming pool with spa, a restaurant-style outdoor fireplace with its own sitting area, and a full outdoor kitchen with pizza oven and abundant seating provide the ultimate setting for al fresco dining or quiet afternoons. Fruit trees are thoughtfully planted throughout the property, and gardeners will enjoy the expansive space ready for growing their own foods or creating a private oasis.490 Peter Place isn't just a home -- it's a lifestyle, a dream realized, and the beginning of your next extraordinary chapter.

Price History

Date
Event
Price
12/16/25
Listing
$1,799,000
05/19/15
Sold
$900,000
04/16/03
Sold
$735,000
12/04/01
Sold
$510,500
Condition Rating
Good
Built in 2001, this property is 23 years old, placing it outside the 'excellent' new construction/recent renovation window. However, the description highlights 'upgraded' features and a 'chef's dream kitchen' with high-end stainless steel appliances (Viking stove, double oven, granite countertops). The images confirm a well-maintained interior with hardwood floors in main living areas, clean carpets in bedrooms, and generally good condition throughout. The kitchen, while featuring high-end appliances, has a traditional wood cabinet style and tile flooring that, while in good condition, might not be considered 'newly renovated' or 'modern' by current trends (e.g., white/light cabinets, quartz countertops). The bathrooms also feature traditional wood vanities and tile, which are well-kept but not recently updated in a contemporary style. All major systems appear functional and well-maintained, and there are no immediate renovation needs, aligning perfectly with the 'good' score criteria for a property extensively renovated within the last 5-15 years (assuming the 'upgrades' and kitchen appliances fall within this timeframe, which their style suggests they could). The extensive outdoor amenities also contribute to its overall appeal and good condition.
Pros & Cons

Pros

Exceptional Outdoor Entertainment: The property offers a 'private paradise' backyard featuring a pebble-tech swimming pool with spa, a restaurant-style outdoor fireplace with seating, and a full outdoor kitchen with a pizza oven, ideal for entertaining and resort-style living.
Gourmet Chef's Kitchen: Equipped with a 'chef's dream kitchen' boasting granite countertops, stainless steel appliances, a double oven, a six-burner Viking stove, and a central island, perfect for culinary enthusiasts.
Panoramic Views: Enjoy 'stunning city and mountain views' from various vantage points, including a sprawling balcony off the primary suite, significantly enhancing the property's aesthetic appeal and value.
Versatile & Spacious Layout: Features a well-designed layout with four generously sized bedrooms, a private office off the master, and a downstairs en-suite, providing flexibility for guests, extended family, or dedicated workspaces.
Ample Vehicle Accommodation: The property provides 'ample parking' space, including room for an RV or boat, catering to vehicle enthusiasts or those with recreational equipment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3330, other record living area = 2888. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
High Maintenance for Amenities: The extensive outdoor amenities, including a pool, spa, and full outdoor kitchen, will likely incur significant ongoing maintenance costs and time commitment for upkeep.
Potential for Higher Utility Costs: The large home size (3330 sqft) combined with a pool, spa, and outdoor kitchen could lead to higher utility expenses for water, electricity, and gas.
Lack of Specific HVAC Details: While upgraded, the description does not explicitly mention a central air conditioning system, which is a crucial comfort feature in Simi Valley's climate and could be a missing amenity or a point of concern for buyers.

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