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1550 Rory Lane Space 261

Simi Valley, CA, 93063

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$199,999

Original list price: $219,999

MLS: SR26103369

Beds

2

Baths

2

Sq Ft

1,512

Lot

0.03 ac

Year Built

1997

MLS #

SR26103369

Days on Market

168

Listed

May 15, 2026

Description

Welcome to 1550 Rory Lane #261, offering an impressive 1,512 square feet of living space in Simi Country Estates. This spacious home features 2 bedrooms, 2 bathrooms, plus a dedicated office/flex room ideal for working from home, hobbies, or additional functional space. The bright, open interior is enhanced by skylights, architectural details, and a cozy gas fireplace. Recent improvements include a brand-new roof installed in 2026 and a new electric water heater, providing added peace of mind for the next owner. Step outside to the remodeled sundeck and enjoy beautiful oak tree and mountain views, along with a mature blood orange tree and a peaceful outdoor setting perfect for relaxing or entertaining. With generous square footage, flexible living space, and thoughtful updates, this home offers a unique opportunity to enjoy Simi Valley living at an attractive price point.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Lynn Hylton · Max One Real Estate

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$3,660

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $20,000 · Loan: $179,999

%

Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$1,227
Property tax (1.25%)
$208
Homeowners insurance
$300
Mortgage insurance
$75
HOA dues
$1,850
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 29, 2026

30-year fixed
7.24%
15-year fixed
6.60%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Simi Valley home with as little as 3.5% down using an FHA loan — roughly $7,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Active and pending listings in ZIP 93063 (Simi Valley)within ±10% of this home's price and size.

Local Market Stats

See Simi Valley, CA 93063 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.