4687 Summit Avenue
Simi Valley, CA, 93063
$1,399,000
MLS: 225001462
Beds
4
Baths
4
Sq Ft
2,900
Lot
0.23 ac
Year Built
2025
MLS #
225001462
Days on Market
367
Listed
Mar 26, 2025
Description
Brand new construction. Modern Farmhouse Elevation. Buyer has options such as countertops, backsplash, bathroom tile and all flooring dependent upon the date of purchase. 13 custom home development. 7 homes in Phase 2. Modern Farmhouse or Spanish Revival Elevations (fronts). Spectacular 2900 Sq Ft, 2 Story featuring 4 bedrooms, 3.5 baths, living room, dining room, gourmet kitchen with large center island, large family room, direct access, 2 car garage and a 1/2 guest bath. All 4 bedrooms are upstairs. Large primary suite with private spa-like bath and walk in closet. Main secondary bedroom features en-suite bath. 2 additional secondary bedrooms, spacious full hall bath with dual vanities. Includes an oversized upstairs laundry room. Many custom features through-out, ask for details. Includes builder supplied solar panels.
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Allan Mann · Keller Williams Exclusive Properties
Payment estimate
$10,018
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100
- Principal & Interest
- $7,736
- Property tax (1.25%)
- $1,457
- Homeowners insurance
- $300
- Mortgage insurance
- $525
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $48,965 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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★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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