5588 California Oak Street, Simi Valley, California 93063, Simi Valley, - bed, bath
ACTIVE$1,469,000
5588 California Oak Street, Simi Valley, California 93063
5Beds
4Baths
3,916Sqft
27,007Lot
Year Built
2004
Close
-
List price
$1.47M
Original List price
$1.55M
Price/Sqft
-
HOA
$174
Days on market
-
Sold On
-
MLS number
SR25188260
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Wow! This stunning 5-bed, 4-bath executive home sits on an ultra-rare 0.62-acre lot in the exclusive Emerald Point community—offering nearly 4,000 sq ft of beautifully upgraded living space. From the chef’s kitchen with granite counters and double ovens to the spacious bonus room, soaring ceilings, and luxurious primary suite, every inch is designed to impress. Step outside to your own private oasis with expansive mountain views, lush landscaping, and bonus space perfect for a pool, ADU, or dream backyard. Homes like this rarely hit the market—come see it before it’s gone.
Nearby schools
5/10
Katherine Elementary School
Public,•K-6•0.3mi
4/10
Knolls Elementary School
Public,•K-6•0.9mi
5/10
Valley View Middle School
Public,•6-8•2.7mi
6/10
Simi Valley High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
10/29/25
Price Change
$1,469,000-2.0%
09/27/25
Price Change
$1,499,000-3.2%
09/08/25
Listing
$1,549,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (167 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 83% |
| Baths | 4 | 2 | 89% |
| Square foot | 3,916 | 1,816 | 96% |
| Lot Size | 27,007 | 7,405 | 98% |
| Price | $1.47M | $847K | 94% |
| Price per square foot | $375 | $471 | 9% |
| Built year | 2004 | 9860986 | 93% |
| HOA | $174 | 0% | |
| Days on market | 58 | 152 | 4% |
Condition Rating
Good
This property, built in 2004, is 20 years old and falls squarely within the 'Good' category's age range. The images reveal a well-maintained home with high-quality finishes from its era. The 'chef’s kitchen' features granite countertops, stainless steel appliances (including double ovens and a built-in refrigerator), and wood cabinetry, all in excellent condition, though the style reflects its early 2000s origin. The wood-look tile flooring in common areas appears to be a more recent update, enhancing its appeal. Bathrooms are similarly well-kept with granite counters and tiled showers/tubs. While the aesthetic might not be ultra-modern, all components are functional, clean, and show minimal wear and tear, requiring no immediate renovations. The property is move-in ready and has been clearly well-cared for.
Pros & Cons
Pros
Expansive Lot & Development Potential: Sits on an ultra-rare 0.62-acre lot with lush landscaping and significant bonus space, offering excellent potential for a pool, ADU, or custom backyard development.
Luxurious & Spacious Interior: Nearly 4,000 sq ft of beautifully upgraded living space, featuring 5 beds, 4 baths, soaring ceilings, a spacious bonus room, and a luxurious primary suite.
Gourmet Chef's Kitchen: Equipped with high-end granite counters and double ovens, providing a premium and functional space for cooking and entertaining.
Exclusive Community & Scenic Views: Located in the prestigious Emerald Point community, offering exclusivity and expansive mountain views.
Highly-Rated School District: Benefits from proximity to well-regarded public schools across all levels (elementary, middle, high) with strong ratings.
Cons
Multiple Price Reductions: The property has undergone two price reductions from its original listing, which may indicate initial overpricing or a slower market response.
Ongoing Association Fees: A monthly association fee of $174 adds a recurring cost to homeownership, which some buyers may wish to avoid.
Potential for High Maintenance Costs: The ultra-rare 0.62-acre lot with lush landscaping, while a significant asset, could entail higher ongoing maintenance costs for the grounds.