$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
Open on Google Maps ↗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.
- Principal & Interest
- $4,418
- Property tax (1.25%)
- $807
- Homeowners insurance
- $300
- Mortgage insurance
- $291
- HOA dues
- $185
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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