508 Bannister Way B, Simi Valley, California 93065, Simi Valley, - bed, bath

home-pic
ACTIVE$839,000
508 Bannister Way B, Simi Valley, California 93065
3Beds
3Baths
1,347Sqft
1,347Lot
Year Built
1998
Close
-
List price
$839K
Original List price
$849K
Price/Sqft
-
HOA
$450
Days on market
-
Sold On
-
MLS number
GD25162576
Home ConditionExcellent
Features
Patio
View-

About this home

FANTASTIC Opportunity in Gated Summerside at Wood Ranch! Welcome to this stunning, fully remodeled condominium located in the highly desirable, gated community of Summerside in Wood Ranch—a scenic, planned neighborhood nestled near the Reagan Presidential Library in southwest Simi Valley. Surrounded by rolling hills, beautiful parks, underground utilities, and easy access to hiking trails, top-rated schools, and the 23/118 freeways, this is truly one of Simi Valley’s most coveted locations! Step into a beautifully upgraded home that greets you with an abundance of natural light, soaring vaulted ceilings, and all-new vinyl windows. The open-concept living and dining room features new modern flooring, a cozy gas fireplace, and sliding doors that open to a private patio with mature trees, plants, water feature, and retractable awnings—perfect for indoor-outdoor California living. The remodeled kitchen boasts quartz countertops with stainless steel appliances,. All bathrooms and the kitchen have been completely remodeled, offering upgraded tile, new fixtures, and stylish finishes. The main level also includes a beautifully updated powder room for guests. Upstairs, a large primary suite impresses with en-suite bathroom offers a dual-sink vanity, glass-enclosed shower frameless glass. Two additional upstairs bedrooms also feature wood floors, new windows, and ample closet space, sharing a fully remodeled hall bath with a shower. . The attached 2-car garage includes direct access, finished walls and ceilings, and built-in cabinetry for extra storage. Enjoy community amenities including a resort-style pool & spa, restrooms, and outdoor showers, all within walking distance to Wood Ranch Elementary, Wood Ranch Park, and miles of scenic trails. This home is move-in ready and truly checks all the boxes—location, lifestyle, and luxury!

Nearby schools

5/10
Wood Ranch Elementary School
Public,K-60.2mi
5/10
Madera Elementary School
Public,K-62.4mi
8/10
Weathersfield Elementary School
Public,K-53.5mi
7/10
Los Cerritos Middle School
Public,6-82.6mi
5/10
Sinaloa Middle School
Public,6-82.6mi
6/10
Royal High School
Public,9-123.0mi
7/10
Thousand Oaks High School
Public,9-123.9mi

Price History

Date
Event
Price
07/31/25
$839,000
07/18/25
$849,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (25 Listings)
Beds33
50%
Baths33
50%
Square foot1,3471,500
27%
Lot Size1,3471,545
38%
Price$839K$740K
88%
Price per square foot$623$481.5
96%
Built year19989990999
58%
HOA$450$429.645
69%
Days on market110175
15%
Condition Rating
Excellent

Despite being built in 1998, this property has undergone a stated 'fully remodeled' renovation, which is evident throughout the listing. The kitchen features modern white shaker cabinets, quartz countertops, stainless steel appliances, and a contemporary backsplash. All bathrooms have been completely updated with stylish finishes, including upgraded tile, new fixtures, and a frameless glass shower. The property also boasts new vinyl windows and modern flooring (wood-look tile and hardwood). The overall condition appears virtually new, meeting current quality standards, and is move-in ready, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Prime Location & Desirable Community: Located in the highly desirable, gated Summerside community within Wood Ranch, offering proximity to the Reagan Presidential Library, rolling hills, parks, hiking trails, top-rated schools, and convenient freeway access.
Extensive Modern Remodel: The property has undergone a full, stunning remodel, featuring a new kitchen with quartz countertops and stainless steel appliances, completely updated bathrooms with upgraded tile and new fixtures, new modern flooring, and all-new vinyl windows, ensuring a move-in ready experience.
Enhanced Indoor-Outdoor Living: Includes a private patio with mature trees, plants, a water feature, and retractable awnings, providing an ideal space for California indoor-outdoor living.
Resort-Style Community Amenities: Residents have access to excellent community amenities, including a resort-style pool, spa, restrooms, and outdoor showers, all within walking distance.
Functional & Upgraded Interior Features: Boasts an open-concept living area with soaring vaulted ceilings, a cozy gas fireplace, a large primary suite with an upgraded en-suite bathroom, and an attached 2-car garage with direct access and built-in cabinetry.

Cons

High Monthly Association Fees: The $450 monthly association fee is a significant recurring cost that could impact affordability and appeal to some potential buyers.
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a notable drawback during Simi Valley's hot summer months.
Limited Private Outdoor Space: As a townhouse with a lot size matching the square footage, private outdoor space is largely confined to the patio, which may not meet the needs of buyers seeking a larger yard or more expansive private outdoor area.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State