Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

5937 Indian Terrace Drive

Simi Valley, CA, 93063

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$1,629,000

MLS: 226000656

Beds

5

Baths

4

Sq Ft

3,884

Lot

0.17 ac

Year Built

1999

MLS #

226000656

Days on Market

58

Listed

Feb 11, 2026

Description

Welcome to a home that feels like the lifestyle upgrade you've been waiting for. Tucked behind the gates of Montaire and framed by the natural beauty of the Santa Susana foothills, this residence blends Manhattan level sophistication with the warmth and ease of California living.The sophisticated and welcoming interior features a dramatic two story foyer, filled with natural light from upper clerestory windows, and sets the tone for the home's elevated design. The remodeled kitchen feels straight out of Dwell or Architectural Digest, showcasing custom designer cabinetry, smart storage solutions, SileStone countertops, premium stainless appliances, and a walk in pantry. It opens seamlessly to the expansive great room--an ideal setting for relaxed evenings or effortless entertaining.The formal dining room flows to the garden for indoor outdoor gatherings, while the living room/library offers a quiet retreat. Throughout the home, the finishes strike a rare balance: refined, modern, and undeniably inviting.Designed for today's lifestyle with flexible spaces and layout. Downstairs there is a full bedroom suite with its own sitting room/office--perfect for multigenerational living, long term guests, or a private workspace. Upstairs, the loft at the top of the stairs creates an additional office, study or lounge area. The serene primary suite overlooks the lush backyard and is bathed in natural light. Its spa inspired bathroom features custom cabinetry, a jetted tub, a seated shower, and a calming neutral palette. A spacious walk in closet completes the retreat. Secondary bedrooms are bright, well sized, and thoughtfully separated from the primary suite for privacy.Designed for relaxation, the backyard is a private oasis with a stone trimmed pool and spa, a cascading waterfall, a covered patio, and a built in outdoor kitchen/BBQ area--ideal for weekend gatherings or quiet evenings at home. Low maintenance turf and a dedicated dog run add everyday convenience.The community is surrounded by dramatic foothills and natural beauty. Montaire offers the peace and security of a gated neighborhood, with the Santa Susana foothills providing endless hiking, scenic views, and a sense of escape--while still being close to everything.A rare blend of luxury, comfort, and lifestyle--this home is ready to elevate your everyday living.spa-like ensuite bathroom features luxurious custom cabinetry, a jetted tub, a seated shower, and a pristine white palette.

Location

Simi Valley, Ventura County, CA 93063

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Listed by: Erin and Bob · Coldwell Banker Realty

Payment estimate

$11,616

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $162,900 · Loan: $1,466,100

%
Principal & Interest
$9,008
Property tax (1.25%)
$1,697
Homeowners insurance
$300
Mortgage insurance
$611
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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 $57,015 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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