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2304 Archwood Ln Unit 92, Simi Valley, CA, 93063

3beds
2baths
1,125sqft
$549,000
$488price/sqft
$3,799/moest. monthly cost
$151,960/yrincome needed

About This Home

Welcome to one of the desirable residences in the Springtime Condominiums community! Move-in ready and beautifully updated, this property offers a rare opportunity to own a fully-renovated, spacious three-bedroom, two bathroom property in a highly sought after Simi Valley neighborhood. With ground-floor access, this single-story condo features an open layout floor plan to create a seamless flow between the living, dining and kitchen areas, ideal for both everyday living and entertaining. The all-ground level floor plan offers comfortable separation between living spaces and bedrooms: the ideal combination of flexibility and functionality. Throughout the fully renovated interior, natural light imbues to highlight the clean design lines as well as the upgraded contemporary fixtures, modern hardware and designer flooring. From top to bottom, the kitchen is outfitted with brand-new cabinets, countertops, backsplash, faucets, sink and flooring. Both bathrooms contain new vanities, sinks, faucets, mirrors, toilets, lighting, and flooring. While the second bathroom has a new tub and surround, the master bathroom now has a new contemporary walk-in shower. A newly installed tankless new water heater comes with a 25 year warranty. The fresh paint in every room allows coordination with every décor. New blinds on the windows combine privacy while filtering in the famous Southern California golden hour light. The Springtime Condominiums feature well-maintained grounds, mature landscaping, and resort-style amenities, including a pool and spa. Located in a peaceful enclave, it also offers close proximity to shopping, dining and major commuter routes. Simi Valley itself embodies the quintessential Southern California lifestyle--bucolic hiking trails; family-friendly parks; year-round access to outdoor recreation and the ideal balance between scenic nature coupled with urban amenities.

Getting Around

66
WalkingSomewhat Walkable
27
TransitSome Transit
56
BikeBikeable

Schools

6/10
4/10
7/10
Simi Valley High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1986

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Wood/Wood Like

Interior Area

  • Total structure area: 1,125
  • Total interior livable area: 1,125 sqft

Property

Details

  • Parcel number: 6510223015
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main Level
  • Private pool: Yes
  • Pool features: Association,Community
  • Has spa: Yes

Lot

  • Lot size: 1,306 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake

FEMA Declared Disasters in Ventura County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,776$33,312
Home Insurance *$113$1,356
Property Taxes $512$6,144
Electricity $398$4,786
Total$3,799$45,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,251/yr
40% on housing$113,970/yr
45% on housing$101,306/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$488This listing

vs Other Active Listings

Avg $/sqft

ZIP 93063$372
Ventura County$554

vs Homes Sold Last Month

Median $/sqft

ZIP 93063$485
Ventura County$515

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Price change$579,000
2026-01-16Listed for sale$629,000
2005-05-03Sold$350,000
1996-03-29Sold$120,000

For Sale by Agent

AgentShane F Dulgeroff
BrokerageShane Homes

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