ActiveSingleFamilyResidence

385 Owls Cove Lane

Simi Valley, CA, 93065

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$775,000

MLS: 226002308

Beds

3

Baths

3

Sq Ft

1,376

Lot

0.06 ac

Year Built

1999

MLS #

226002308

Days on Market

28

Listed

May 16, 2026

Description

Welcome to 385 Owls Cove Lane, a beautifully upgraded/maintained home nestled in one Simi Valley's desirable gated communities. This inviting residence offers an open and light filled floor plan with souring ceilings, abundant natural light, and seamless living spaces designed for both comfortable everyday living and effortless entertaining. The kitchen features a newly added island counter/ breakfast bar to compliment existing spacious granite counter tops and cabinetry. The kitchen flows naturally into the dining and living areas to create a warm and welcoming atmosphere. Upstairs the private suite serves as a relaxing retreat. The master bath is totally remodeled/ upgraded with dual sinks, quartz counters and cabinet. The walk in shower tub is outstanding. Two additional bedrooms upstairs provide versatility for family, guests or a home office. Step outside to a low maintenance backyard complete with a private putting green- perfect for relaxing or entertaining guests year round. Additional highlights include an attached two car garage, indoor laundry, central HVAC and access to resort-style community amenities including a sparkling pool, spa, parks and basketball courts. Ideally located near shopping, dining, schools and commuter routes. This exceptional home offers the perfect blend of comfort, convenience, and community living.

Location

Simi Valley, Ventura County, CA 93065

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Listed by: Sandra Richardson · Acadia Real Estate

Payment estimate

$6,001

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $77,500 · Loan: $697,500

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$4,418
Property tax (1.25%)
$807
Homeowners insurance
$300
Mortgage insurance
$291
HOA dues
$185
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $27,125 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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Local Market Stats

See Simi Valley, CA 93065 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.