Under ContractSingleFamilyResidence

490 Peter Place

Simi Valley, CA, 93065

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$1,739,000

MLS: 226001155

Beds

4

Baths

3

Sq Ft

3,355

Lot

0.28 ac

Year Built

2001

MLS #

226001155

Days on Market

29

Listed

Mar 12, 2026

Description

An Elevated Estate of Rare Distinction. Discreetly positioned on a quiet cul-de-sac in West Simi Valley, 490 Peter Place is a rarely available elevated view residence offering sweeping panoramic city and mountain vistas, paired with the uncommon convenience of RV access. Set above the surrounding landscape, the home commands a privileged perspective where light, scale, and privacy converge to define an exceptional living experience. From the first light of sunrise to the soft glow of city lights after dusk, the expansive outlook is not a secondary feature--it is integral to the home's identity. The residence has been thoughtfully oriented to honor its setting, with interiors and outdoor living spaces designed to frame the views and draw natural light deep into the main living areas. Each space feels intentionally connected to the horizon, creating a sense of openness, calm, and quiet refinement throughout. The living experience extends seamlessly outdoors to a private, resort-caliber setting designed for both intimate enjoyment and sophisticated entertaining. Anchoring the backyard is a sparkling pebble-finished pool and spa with Baja shelf, offering a tranquil escape against a dramatic elevated backdrop. Custom quartzite outdoor fireplace and hardscape adds warmth and ambiance as the day transitions into evening, while the fully equipped outdoor kitchen with custom quartzite pizza oven transforms casual gatherings into elevated occasions. Throughout the day and night, the views continue to evolve, providing a striking and ever-changing canvas. Mature fruit trees introduce a sense of established elegance and natural charm, enhancing the property's connection to its surroundings while reinforcing the feeling of privacy and permanence that defines true luxury. Beyond its aesthetic appeal, this home offers a level of versatility rarely found in panoramic view homes. Functional RV access, generous parking, and flexible space for recreational vehicles, boats, or additional storage provide practical luxury without compromise. A low HOA of approximately $35 per month preserves neighborhood standards and architectural harmony while maintaining minimal ongoing costs--an increasingly rare advantage in today's market.Homes that successfully unite elevated panoramic views, resort-style outdoor living, privacy, and functional flexibility are exceptionally scarce in West Simi Valley. At 490 Peter Place, the setting does more than complement the residence--it shapes it. This is an offering for the discerning buyer seeking enduring value, refined lifestyle, and a home defined by perspective, presence, and distinction.

Location

Simi Valley, Ventura County, CA 93065

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Listed by: Nancy Krantz · The ONE Luxury Properties

Payment estimate

$12,380

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $173,900 · Loan: $1,565,100

%
Principal & Interest
$9,616
Property tax (1.25%)
$1,811
Homeowners insurance
$300
Mortgage insurance
$652
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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 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 $60,865 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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