PendingCondominium

516 Spring Road 113

Moorpark, CA, 93021

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$500,000

MLS: 226001291

Beds

3

Baths

2

Sq Ft

1,038

Lot

0.07 ac

Year Built

1978

MLS #

226001291

Days on Market

27

Listed

Mar 19, 2026

Description

Charming & UPGRADED Ground-Floor Park Springs condo with NO interior steps and 3 PARKING SPACES! This 3 bedroom, 2 bathroom home offers 1,038 Sq Ft of BRIGHT and comfortable living with tasteful updates throughout. Entry introduces you to a light-filled interior featuring SMOOTH ceilings, UPGRADED baseboards, and attractive plank laminate flooring that flows throughout the home. The Living Room enjoys an abundance of natural light from tall front-facing windows (with NEWER blinds!) and is anchored by a handsome tile-surfaced gas fireplace with an elegant white wood mantle. The Kitchen offers PLENTY of cabinet storage and has been refreshed with NEWLY glazed tile countertops, recessed lighting, ceramic tile flooring, and Frigidaire stainless-steel appliances including a 4-burner electric range, built-in microwave, refrigerator, and dishwasher. Just off the Kitchen, IN-UNIT laundry adds everyday convenience with built-in storage cabinetry and BOTH gas and electric dryer hookups. The floorplan includes three well-sized bedrooms, including a spacious Primary Bedroom with laminate flooring, large windows, a modern ceiling fan, and a WALL-LENGTH closet with organizers. The en-suite Primary Bathroom features an upgraded vanity, standing tile-walled shower, and ceramic tile flooring. Two secondary bedrooms are both roomy in size and enjoy tall windows with NEWER blinds, closet organizers, and a continuation of the laminate flooring. The Hall Bathroom has been tastefully upgraded with a CHIC vanity and cabinetry set, NEWLY glazed tub shower, recessed lighting, and ceramic tile flooring. Additional highlights include a NEWER HVAC system (approximately 5 years old), SMOOTH ceilings throughout, and UPGRADED raised-panel doors. This unit also comes with RARE 3 PARKING SPACES--two single-car garages with electric openers plus an assigned parking space. The Park Springs community offers a pool, greenbelts, playground, and trash service, providing both comfort and convenience. A BRIGHT, move-in ready home with thoughtful upgrades, a functional layout, and an excellent ground-floor location!

Location

Moorpark, Ventura County, CA 93021

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Listed by: The Dave Walter Team · Pinnacle Estate Properties, Inc.

Payment estimate

$3,773

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $50,000 · Loan: $450,000

%
Principal & Interest
$2,765
Property tax (1.25%)
$521
Homeowners insurance
$300
Mortgage insurance
$188
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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 Moorpark home with as little as 3.5% down using an FHA loan — roughly $17,500 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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