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ActiveCondominium

497 Bannister Way B

Simi Valley, CA, 93065

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$780,000

Original list price: $787,000

MLS: CV26130439

Beds

2

Baths

2

Sq Ft

1,835

Lot

0.04 ac

Year Built

1992

MLS #

CV26130439

Days on Market

59

Listed

Jun 18, 2026

Description

Step into the Summerside at Wood Ranch, where your dream home becomes a reality. This highly sought-after, single-level end-unit townhouse is bathed in natural light and features a spacious open floor plan, complete with a balcony ideal for enjoying your morning coffee or evening reflections. The kitchen is a chef's delight, equipped with granite countertops, an elegant center island, and stainless steel appliances that inspire culinary creativity. The primary suite serves as your personal sanctuary, featuring a walk-in closet, dual vanities, and a luxurious shower that offers a spa-like experience. Additionally, this property includes direct access to a two-car garage, a convenient stair lift for enhanced mobility, and ample storage space. Revel in community amenities such as a pool and spa, all set within beautifully landscaped surroundings. Furthermore, you're just moments away from trails, parks, shopping, dining, and excellent schools. Embrace the Wood Ranch lifestyle—you’ve truly found a remarkable real estate opportunity!

Location

Simi Valley, Ventura County, CA 93065

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Listed by: Patricia Novo · STIGLER HOMES

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

$6,351

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $78,000 · Loan: $702,000

%

Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$4,516
Property tax (1.25%)
$813
Homeowners insurance
$300
Mortgage insurance
$293
HOA dues
$430
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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 Aug 13, 2026

30-year fixed
6.67%
15-year fixed
5.96%

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 $27,300 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.

Similar Homes Nearby

Active and pending listings in ZIP 93065 (Simi Valley)within ±10% of this home's price and size.

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.