5861 Mustang Drive
Simi Valley, CA, 93063
$1,595,000
MLS: SR26059952
Beds
5
Baths
4
Sq Ft
4,111
Lot
0.25 ac
Year Built
2000
MLS #
SR26059952
Days on Market
25
Listed
Mar 19, 2026
Description
Welcome to this stunning home in the highly sought-after Indian Hills community of Simi Valley, offering the perfect blend of space, comfort, and modern upgrades. Situated on a desirable corner lot, this bright and spacious residence features a versatile floor plan with a downstairs bedroom and attached full bathroom, ideal for guests, multigenerational living, or a private home office. Designed for both everyday living and entertaining, the home is filled with natural light and enhanced by tinted windows for added comfort and energy efficiency. Enjoy peace of mind with major system upgrades, including a newly replaced HVAC system in 2024, providing year-round comfort. This property also includes fully paid-off solar, helping reduce utility costs and making it an excellent long-term investment. With its generous layout, thoughtful upgrades, and prime location in one of Simi Valley’s most desirable neighborhoods, this home is a rare opportunity you don’t want to miss!
Location
Simi Valley, Ventura County, CA 93063
Open on Google Maps ↗Listed by: Julia Santana · Rose District, Inc.
Payment estimate
$11,380
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $159,500 · Loan: $1,435,500
- Principal & Interest
- $8,820
- Property tax (1.25%)
- $1,661
- Homeowners insurance
- $300
- Mortgage insurance
- $598
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 $55,825 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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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