498 Shelburne Lane
Simi Valley, CA, 93065
$685,000
MLS: 26002867
Beds
2
Baths
2
Sq Ft
1,520
Lot
—
Year Built
1988
MLS #
26002867
Days on Market
16
Listed
Apr 9, 2026
Description
Prime Simi Valley Condominium Opportunity! Welcome to this beautifully maintained 2-bedroom, 2-bath home offering 1,520 square feet of comfortable living in ''The Club'' Wood Ranch, a highly desirable community of Simi Valley. Step inside to a spacious, inviting layout featuring a bright living area with a cozy fireplace and seamless access to an expansive private balcony--perfect for relaxing, entertaining or enjoying serene greenbelt and foothill views. Adjacent to the living room is a versatile space with the potential to be a cozy sitting room, office or recreation area. Just outside these living spaces, you will find the dining area w/wet bar, that flows easily to the kitchen. The well-appointed kitchen (refrigerator included) offers a convenient breakfast bar along with ample space for dining, making it ideal for both casual meals and gatherings. A dedicated hall laundry area adds everyday convenience (washer & dryer included!). The generously sized primary suite is a true retreat, complete with an ensuite bath and a large walk-in closet. The secondary bedroom is full of charm, highlighted by a delightful window seat--perfect for reading or relaxing. Adding to the cheerful disposition of this home, are the views and natural light afforded by every window, in every room. Rounding out the benefits of this property, is the 2 car garage with built in storage and direct access via stairs from the kitchen. Enjoy resort-style amenities including a pool, and soothing hot tubs. Ideally located within walking distance to Rancho Madera Community Park, the esteemed Wood Ranch Golf Club, and just minutes from local dining, shopping, and outdoor recreation. This home offers the perfect blend of comfort, location, and lifestyle--don't miss this exceptional opportunity!
Location
Simi Valley, Ventura County, CA 93065
Open on Google Maps ↗Listed by: Tammy Crawford · eXp Realty of California, Inc.
Payment estimate
$5,058
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $68,500 · Loan: $616,500
- Principal & Interest
- $3,788
- Property tax (1.25%)
- $714
- Homeowners insurance
- $300
- Mortgage insurance
- $257
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 $23,975 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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