5588 California Oak Street, Simi Valley, California 93063, Simi Valley, 93063 - 5 bed, 4 bath
ACTIVE$1,390,000
5588 California Oak Street, Simi Valley, California 93063
5Beds
4Baths
3,916Sqft
27,007Lot
Year Built
2004
Close
-
List price
$1.39M
Original List price
$1.39M
Price/Sqft
$355
HOA
$174
Days on market
-
Sold On
-
MLS number
SR25259105
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Great Deal:The estimated price is 6% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.39M(93th), sqft - 3916(98th), beds - 5(85th), baths - 4(91th).
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 square feet 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
11/13/25
Listing
$1,390,000
02/28/24
Sold
$1,365,000
12/11/09
Sold
$725,000
03/18/05
Sold
$795,000
Condition Rating
Good
Built in 2004, this property is 20 years old, placing it at the upper end of the 'Good' category for age. The home is exceptionally well-maintained and move-in ready, requiring no immediate renovations. The kitchen features granite countertops, stainless steel double ovens, and a dishwasher, which were considered high-end upgrades. Bathrooms also boast granite vanities and tiled showers/tubs. While the cabinet styles in the kitchen and bathrooms reflect the early 2000s aesthetic and might be considered slightly dated by some, they are in excellent condition and fully functional. Flooring is a mix of well-kept wood-look tile/laminate and carpet. Major systems appear functional and well-maintained, aligning with the 'Good' criteria of minimal wear and tear and expected lifespan.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27007, living area = 3916.
Expansive & Upgraded Living Space: Offers nearly 4,000 sqft with 5 beds and 4 baths, featuring a chef's kitchen with granite and double ovens, a spacious bonus room, soaring ceilings, and a luxurious primary suite.
Rare Oversized Lot with Potential: Sits on an ultra-rare 0.62-acre lot (27,007 sqft) with lush landscaping and significant undeveloped space ideal for a pool, ADU, or custom outdoor amenities.
Exclusive Community Location: Located within the highly sought-after Emerald Point community, known for its executive homes and desirable neighborhood environment.
Desirable Mountain Views: Provides expansive mountain views, enhancing the property's aesthetic appeal and creating a private oasis feel.
Favorable Market Value: The current listing price of $1.39M is below the estimated property value of $1.48M, suggesting a strong potential for immediate equity or a competitive purchase.
Cons
Monthly Homeowners Association (HOA) Fees: The property incurs a monthly HOA fee of $174, which adds to the overall cost of homeownership.
Potential for Dated Upgrades: While described as upgraded, the specific age of these upgrades is not detailed, potentially implying some features may not be fully contemporary and could require future updates.
Extensive Lot Maintenance: The large 0.62-acre lot, while a significant asset, will require substantial ongoing landscaping and maintenance efforts and associated costs.