This exceptional 10-acre land lot offers an unparalleled opportunity to build your dream home in the prestigious Presidential Estates. Situated in close proximity to the Ronald Reagan Library, this property boasts magnificent views of the mountains, valley and Bard Lake. The expansive lot provides ample space for creating your ideal residence, whether you envision a sprawling estate, a contemporary architectural masterpiece or a country retreat, the possibilities are endless. The site boasts the convenience of readily available utilities, including water, electricity, gas, and telephone connections, with neighboring homes embracing the advantages of solar energy. Situated just minutes away from Westlake Village, which can be compared to the captivating locales of Lake Sherwood or Hidden Valley, and offering close proximity to major freeways, this property ensures convenient access to various amenities. Its unparalleled potential is highlighted by its breathtaking panoramic views from an elevated vantage point, a spacious building area, and a captivating backdrop of majestic mountains and elegant estate properties.
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (747) 888-0508
Listing Agent: Dana Olmes
Exterior Features
Exterior Information:
View: City Lights, Mountain(s), Valley
Lot Features
Lot Information:
Lot Size: 10.00 Acres
Other
Directions Information:
Directions: CA-23N to Olsen Rd. Take E Olsen Rd to Madera Rd, then take a left on Presidential.
Price Information
Listing Price Info
Price Summary:
List Price: $1,650,000
Tax Information:
Annual Amount: $8,965
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Simi Valley, CA.
This property is $825K more than the Median Sold Price in Simi Valley, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24364859
Listing Office:
Office Name: Compass
Office Phone: (747) 888-0508
Listing Agent: Dana Olmes
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 20, 2021
Apr 20, 2021Home Sold
$1,200,000
Oct 19, 2017
Oct 19, 2017Home Sold
$750,000
Mar 19, 2014
Mar 19, 2014Home Sold
$650,000
Jul 19, 2002
Jul 19, 2002Home Sold
$699,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,965
$788,383
2020
$8,830
$780,300
2019
$8,427
$765,000
2018
$7,745
$750,000
2017
$7,745
$686,557
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,303
Per Month
Principal & Interest
$8,236
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,013
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Madera Elementary School
250 Royal Ave
Distance between this listing and this school1.73 miles
Public District Grades KG-6
7
/10
Wood Ranch Elementary School
455 Circle Knoll Dr
Distance between this listing and this school1.92 miles
Public District Grades KG-6
4
/10
Arroyo Elementary School
225 Ulysses St
Distance between this listing and this school2.03 miles
Public District Grades KG-6
Nearby Schools
4
/10
Sinaloa Middle School
601 Royal Ave
Distance between this listing and this school2.24 miles
Public District Grades 6-8
6
/10
Mesa Verde Middle School
14000 Peach Hill Rd
Distance between this listing and this school2.61 miles
Public District Grades 6-8
7
/10
Campus Canyon College Preparatory Academy
15300 Monroe Ave
Distance between this listing and this school3.25 miles
Public District Grades KG-8
Nearby Schools
4
/10
California Virtual Academy at Sutter
50 Moreland Rd
Distance between this listing and this school1.92 miles
Public Charter Grades KG-12
5
/10
California Virtual Academy San Mateo
50 Moreland Rd
Distance between this listing and this school1.92 miles
Public Charter Grades KG-12
3
/10
Insight @ San Diego
50 Moreland Rd
Distance between this listing and this school1.92 miles
The neighbors living near this home have an average income of $94,551. Most Simi Valley, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 70 Presidential Dr
What is the listing price of this property?
The listing price of 70 Presidential Dr property is $1,650,000.
What type of property is this?
The property 70 Presidential Dr is land located in Simi Valley, California, 93065.
Is this property for sale now?
Active Listing: 70 Presidential Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,965 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 20, 2021 for $1,200,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 70 Presidential Dr in Simi Valley, CA and zip code 93065. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $1,650,000.
In November 2024 more than 33 listings in Simi Valley, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 26 were sold below. The inventory of homes for sale in Simi Valley, CA between October 2024 and November 2024 decreased by 8.1%. Listings spent 34 days on the market in November 2024, and had a median list price of $825,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Symphony or Opera
Symphony or Opera
PGA/LPGA
Major League Soccer (MLS)
Chico's
Banana Republic
Nordstrom Rack
Boston Market
Cracker Barrel
Sonic
Volvo
Buick
Infiniti
Talk/Personality
Soft Adult Contemporary
Urban Contemporary