550 Lorabel Way #C, Simi Valley, CA 93065
Property image
Property image
FOR SALE
Listed by Rey DeLa Cruz, Real Estate eBroker, Inc., (805) 587-3490

$649,999

Original price: $729,999
  • 3 Beds
  • 2.5 Baths
  • 1,347 sqft

550 Lorabel Way #C, Simi Valley, CA 93065

Est. Mortgage $4,601/mo*
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Home Highlights

Townhouse
Built in 1998
$483/sqft
2 Car Garage
HOA $463/mo

Local Information

  • Map ViewExplore the area around 550 Lorabel Way #C.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Cozy fireplaceAttached two-car garageCustom cabinetryBeautifully updated two-story condominiumNewly carpetedSpacious primary suite
HUGE PRICE DROP! Nestled within the desirable Summerside GATED community in Wood Ranch, 550 Lorabel Way, Unit C, Simi Valley has an exceptional blend of comfort, style, and convenience. This beautifully updated two-story condominium, NEWLY CARPETED, features 3 bedrooms, 2.5 bathrooms, and approximately 1,347 square feet of thoughtfully designed living space. The remodeled kitchen showcases custom cabinetry, countertops, sink, and finishes, while wood-style flooring and a cozy fireplace create a warm and inviting atmosphere. Upstairs, the spacious primary suite includes a walk-in closet, dual vanities, and a luxurious bath with a separate shower and soaking tub. Additional highlights include plantation shutters, ceiling fans throughout, a smart thermostat, an attached two-car garage, and a private LOW MAINTENANCE BACKYARD ideal for relaxing or entertaining. Residents enjoy access to community amenities, including a pool and gated entry, all within close proximity to scenic hiking trails, parks, shopping, dining, and highly regarded schools.

Home Details for 550 Lorabel Way #C

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bedroom, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1347 Square Feet
Appliances & Utilities
Appliances: Dryer, WasherDryerLaundry: In GarageWasher
Heating & Cooling
Has CoolingAir Conditioning: Central Air
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: Ground
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Attached
Pool
Pool: Community, Association
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 102Days on Market: 103

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseStructure Type: Multi FamilyArchitecture: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Included in Sale: Refrigerator/Washer/Dryer/Patio furniture with NO warranties NOR guaranteesParcel Number: 5960151525

Price & Status

Price
List Price: $649,999Price Per Sqft: $483
Status Change & Dates
Off Market Date: Mon Sep 21 2026

Active Status

MLS Status: Active

Location

Direction & Address
City: Simi ValleyCommunity: Summer Side (399)
School Information
High School District: Simi Valley Unified

Agent Information

Listing Agent
Listing ID: SR26128225

Community

Community Features: Foothills, PoolNot Senior CommunityUnits in Building: 50

HOA

HOA Name: Summerside CondominiumsHOA Phone: 805-329-5050HOA Phone (alt): 805-413-1170HOA Name (second): Emmons CoHOA Fee (second): 138HOA Fee Frequency (second): MonthlyAssociation for this Listing: California Regional MLSHas an HOAHOA Fee: $463/Monthly

Lot Information

Lot Area: 1347 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan

Miscellaneous

Mls Number: SR26128225Living Area Range Units: Square FeetAttribution Contact: 805-587-3490Back On Market Date: Tue Sep 22 2026Common Interest: NoneUniversal Property Id: US-06111-N-5960151525-R-N

Additional Information

HOA Amenities: Pool,Spa/Hot TubSource Internet Entire Listing Display

Around this home

What Locals Say about Simi Valley

At least 765 Trulia users voted on each feature.

  • 93 % Say it's dog friendly

  • 89 % Say there are sidewalks

  • 87 % Say car is needed

  • 83 % Say parking is easy

  • 81 % Say there's holiday spirit

  • 78 % Say yards are well-kept

  • 76 % Say streets are well-lit

  • 74 % Say people would walk alone at night

  • 71 % Say it's quiet

  • 65 % Say it's walkable to grocery stores

  • 63 % Say kids play outside

  • 60 % Say it's walkable to restaurants

  • 58 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 50 % Say there's wildlife

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tomeboy17
    "Quite, Safe and great neighbors"
    0
    Flag
  • Donbet2000
    "Driving in Simi Valley is okay. But some roads like Royal Avenue are quite congested during rush hour around the school entrances along the road."
    0
    Flag
  • Thetitan2
    "Simi is a great place for kids. Lots of parks and okay equipment areas to play. Highly recommend for families."
    0
    Flag
  • Allison Levinson
    "Extremely dog friendly area with appropriate waste baskets for them and free poop bags. People tend to take care of their animals on the walks and are always leashed"
    0
    Flag
  • Rebecca Palmer
    "We live in apartment home complex that works to bring the community together and has wonderful amenities for residents to enjoy. "
    0
    Flag
  • Irbynathan44
    "Good commute. I use my car to drive around and i have no issues getting where to my destinations. Traffic isnt bad."
    0
    Flag
  • Tomeboy17
    "All dog owners would love to live in our neighborhood for these reasons, very piece full and safe neighborhood to comfortably walk your dogs 🐾 our beautiful surroundings include pop stations to dispose bags."
    0
    Flag
  • Yamirannette
    "This place is really good for kids growing up, is safe, nice, and quiet, you need car for moving around but is ok, and when you drive is really safe too. The school district is very amazing, so the only one bad is the high prices for houses "
    0
    Flag
  • Tval14413
    "Parents need to know the schools in the area, parks, and what the City and surrounding areas have to offer."
    0
    Flag
  • Emily Sevcsisin
    "It feels very safe and like a typical suburban neighborhood. Perfect for families and the public schools are good"
    0
    Flag
  • Melissa Robyn Farwell
    "There is a great dog park in Simi called big sky. Most people do watch their dogs but some don’t. Most houses have big yards for dogs. "
    0
    Flag
  • Zack Walden
    "Safe and family oriented. Good schools. Shopping is generally nearby. Community involvement is strong. "
    0
    Flag
  • Cheyne Roberts
    "Great neighborhood up against a mountain with plenty of trails. Plenty of restaurants in the area with schools close by"
    0
    Flag
  • Betty Harrah
    "Dogs are always around and playing and owners are walking them. Dogs are popular here.. it's a nice flat area for walking your dogs and there are trash cans to put your poop bags. Everyone picks up after their dog"
    0
    Flag
  • Johanna Hodges
    "They’d like that it’s super pet friendly with lots of parks and trash cans and doggy bags availability "
    0
    Flag
  • Janetb6
    "I live at a trailhead leading to open space. Dog owners would lime to run in the hills with their friendly dog companion. "
    1
    Flag
  • Julianna Whitworth
    "Quiet, feels safe, neighbors say hello. Several neighbors go all out decorating for Halloween and Christmas. "
    0
    Flag
  • Wmayea
    "It’s changing rapidly since COVID . Most people are nice but there is increasing crime and locals are quickly moving out of state. "
    0
    Flag
  • Magydoo
    "Health fairs, street fairs, police coffee chats, multiple church’s doing good community work and music festivals in the parks that are for all to enjoy."
    1
    Flag
  • Rebecca Palmer
    "I commute to San Fernando Valley. Typically it is a smooth drive. Occasionally there is an accident or fire (during fire season) on or near the freeway which delays me. "
    0
    Flag
  • Tnovorr
    "Wonderful selection of local shopping and restaurants, with just a quick trip to 1000 Oaks, Moorpark, Woodland Hills and Westlake Village. Love living in Wood Ranch, so beautifully designed with parks and filled with mature trees."
    0
    Flag
  • Tony A.
    "It's very quiet and peaceful and every store I need to go, is near by. It's very safe and very clean. Lots of hiking trails. "
    0
    Flag
  • Erin C.
    "Very nice suburb. Quiet and family friendly. Good shopping areas nearby. Absolutely love living here."
    4
    Flag
  • Trulia User
    "The area is very clean, surrounded by beautiful mountains and rocks. I feel very safe in this community. "
    3
    Flag
  • Roderguerrero
    "Excellent , clean, Safe, friendly, good education for my kids, walk distance to grocery stores, And as a handyman, a lot opportunities to get work in town with out the need to drive long distances for work "
    3
    Flag
  • Dreyes777
    "I love this place because it’s green and beautiful and neighborly and quiet and organized and safe and cool but never cold."
    0
    Flag
  • Mercadocynthia89
    "I live at the Avalon apartments. It would be nice if our community showed more hospitality like the south. "
    0
    Flag
  • Rakhshan A.
    "The location is really good. close to the freeway, hiking trails, biking trails and some basic stores. "
    0
    Flag
  • Unspecified
    "Very neighborly,lots of families, no hustle and bustle, lots of outdoor activities, hiking, mountain biking, road cycling, and CONSERVATIVE!"
    7
    Flag
  • Lydia H. R.
    "I’ve lived here for 14 years and it’s a great community with low crime and great neighbors. Halloween is great here!"
    0
    Flag
  • Lee H.
    "Since I work early, the commute is great. The 118 can get congested to the 23. Traffic usually goes smooth."
    1
    Flag
  • Lrvermette
    "Average. No public transportation is available. Traffic is moderate and driving speeds are good. In"
    0
    Flag
  • Evelyn.m.sanabria
    "Very nice city... I am glad I moved out here. I feel safer to walk around with my daughter any where that I go "
    0
    Flag
  • Cristina J.
    "Not many events go on in my neighborhood. Only even I’ve attended was the simi town center fair. And the pumpkin patch "
    0
    Flag
  • Samantharseeholzer
    "There is a civil war re-enactment at Strathern Park every year. The park also has truck or treating and movie watching on Halloween."
    0
    Flag
  • Madison S.
    "I love Simi Valley in the fact that it has nice whether, it is homie, not too much traffic, close to Malibu (the beach) and has most shopping places I need! "
    0
    Flag
  • Tiffany
    "People here are so friendly and kind and convey a true Christian love to their neighbors. It is a clean area with good schools. There are lots of stores and restaurants but it is lacking in a mall. "
    0
    Flag
  • Lee A. J.
    "The schools are good and many programs are offered by the parks and recreation. Community is strong. Good restaurants are few and far between "
    0
    Flag
  • Yamirannette2013
    "I like so much Simi Valley city, is really clam and beautiful, sometimes it is bored but is so safe, we have good restaurants, good schools, "
    2
    Flag
  • Carlos M.
    "Some nice parks, the wash is very nice to go for walks or cycling, various type of restaurants and grocery stores, very few daycare places"
    1
    Flag

Market trends in Simi Valley

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$808K
$16.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$489
$0MoM
Available listings
382
30MoM

Home Value

Trulia Estimate
$649K
Since last month
Decreased$91K (-12.2%)
Since last year
Decreased$36K (-5.2%)
Since last sale
Increased$154K (+31.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +30% in the last 10 years
MonthEstimated value
2026
September 2026$649K
August 2026$740K
July 2026$751K
June 2026$773K
May 2026$690K
April 2026$694K
March 2026$688K
February 2026$685K
January 2026$676K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
508 Bannister Way #B, Simi Valley, CA
0.09
Townhouse
$769,000
10/27/25
3
2.5
1,347
528 Yarrow Dr, Simi Valley, CA
0.11
Townhouse
$720,000
07/14/26
3
2.5
1,676
638 High Plains Ln, Simi Valley, CA
0.52
Townhouse
$630,000
05/04/26
2
2
1,191
657 Galloping Hill Rd, Simi Valley, CA
1.32
Townhouse
$850,000
08/27/26
3
2.5
1,864
600 Kingswood Ln #F, Simi Valley, CA
1.53
Townhouse
$680,000
07/21/26
3
2.5
1,579
752 Windwillow Way, Simi Valley, CA
1.50
Townhouse
$805,000
08/03/26
2
3
1,535
406 Country Club Dr, Simi Valley, CA
1.62
Townhouse
$645,000
01/30/26
2
2
1,122
274 Morro Way #1, Simi Valley, CA
1.70
Townhouse
$1,060,000
10/09/25
4
3
2,581
1764 Shady Brook Dr, Thousand Oaks, CA
2.65
Townhouse
$735,000
12/23/25
3
2.5
1,716

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
587 Fenwick Way #B, Simi Valley, CA 93065
0.03
$778,100
3
2.5
1,507
Off Market
596 Fenwick Way #C, Simi Valley, CA 93065
0.04
$780,000
3
2.5
1,507
Recently Sold
525 Bannister Way #D, Simi Valley, CA 93065
0.05
$740,800
3
3
1,672
Off Market
594 Yarrow Dr, Simi Valley, CA 93065
0.08
$755,000
3
2.5
1,743
Off Market
618 Kirkside Pl, Simi Valley, CA 93065
0.10
$759,000
3
2.5
1,493
Recently Sold
598 Yarrow Dr, Simi Valley, CA 93065
0.09
$796,600
3
2.5
1,493
Off Market
259 Tilden Ct, Simi Valley, CA 93065
0.09
$715,000
3
2.5
1,493
Off Market
619 Hooper Ave, Simi Valley, CA 93065
0.11
$800,000
4
2.5
1,676
Recently Sold
508 Bannister Way #B, Simi Valley, CA 93065
0.09
$774,400
3
2.5
1,347
Off Market
508 Bannister Way #C, Simi Valley, CA 93065
0.09
$774,800
3
2.5
1,507
Off Market
529 Yarrow Dr, Simi Valley, CA 93065
0.10
$851,000
3
2.5
1,676
Off Market

Price and Tax history

DateEventPrice
Sep 19, 2026
Source: CRMLS #SR26128225
PriceChange
$649,999
Price decreased by 11%
Sep 11, 2026
Source: CRMLS #SR26128225
PriceChange
$729,999
Price decreased by 3%
Aug 14, 2026
Source: CRMLS #SR26128225
PriceChange
$749,999
Price decreased by 1%
Jul 15, 2026
Source: CRMLS #SR26128225
PriceChange
$759,999
Price decreased by 2%
Jun 12, 2026
Source: CRMLS #SR26128225
Listed For Sale
$779,000

LGBTQ Local Legal Protections

Rey DeLa Cruz, Real Estate eBroker, Inc.
Agent Phone: (805) 587-3490
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-23 10:31:33 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Frequently asked questions about 550 Lorabel Way #C

  • What is the estimated monthly payment for 550 Lorabel Way #C?
    Based on a $649,999 list price with 20% down at today's rates, the estimated monthly payment for 550 Lorabel Way #C in Simi Valley, CA is approximately $4,185 (about $3,503 principal & interest, $607 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 550 Lorabel Way #C compare to homes in Simi Valley?
    550 Lorabel Way #C in Simi Valley, CA is listed at $649,999, about 20% below the $808K median sale price in Simi Valley.
  • What do residents say about Simi Valley?
    Residents describe Simi Valley, CA as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Simi Valley, CA.
  • What are the closest schools to 550 Lorabel Way #C?
    The closest schools to 550 Lorabel Way #C in Simi Valley, CA are Royal High School (rated 8/10), Sinaloa Middle School (rated 5/10), Wood Ranch Elementary School (rated 6/10).
  • Does 550 Lorabel Way #C have air conditioning?
    Yes, 550 Lorabel Way #C in Simi Valley, CA has air conditioning.
  • Does 550 Lorabel Way #C have a pool?
    Yes, 550 Lorabel Way #C in Simi Valley, CA has a pool.
550 Lorabel Way #C, Simi Valley, CA 93065 is a 3 bedroom, 3 bathroom, 1,347 sqft townhouse built in 1998. This property is currently available for sale and was listed by CRMLS on Jun 12, 2026. The MLS # for this home is MLS# SR26128225.