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138 Velvet Flower, Irvine, CA 92620

$1.0M2bd · 2ba · 1,182 sqft
Lot 0 sqft•HOA $135/mo•Condominium•
Active
•72d on market•MLS# OC-26154050

Property Description

Rare opportunity — first time on market in 12 months! No one above or below! No carpet! Never rented! •• This highly desirable single-level floor plan facing Arbor Park's open green space rarely comes available. Never rented, proudly owner-occupied. •• Just 2 minutes to the freeway — fast access with none of the noise, thanks to two buildings and mature trees that buffer the community from road sound. Most comparable Irvine homes sit 10-20 min from freeway access due to rush-hour traffic. •• Spacious community design with more distance between units than typical for the area. •• Upgraded tile flooring throughout kitchen, living room, dining room, baths, and hallways — no carpet — with vinyl at stairs and bedrooms. •• Both bedrooms on one bright upper level. Kitchen features granite counters, matching backsplash, Bosch stainless steel appliances, large island, reverse osmosis drinking water system, and window view of the park from the sink. •• Private deck off great room with gas stub for BBQ — no propane needed. •• Both baths have skylights. Primary suite offers coffered ceiling, ceiling fan, soaking tub, and separate walk-in shower. Secondary room flexes as bedroom, nursery, or office/gym. •• Side-by-side 2-car attached garage. •• Community offers 3 pools and 4 parks in one of Irvine's most sought-after neighborhoods. Walkable to Cypress Village Elementary, yet positioned away from school pickup congestion. Close to Cypress Village Shopping Center, 99 Ranch Market, dining, The Great Park, Five Points Amphitheater, and Jeffrey Open Space Trail. •• A rare chance to own in a location and floor plan that don't come up often.

Features & Amenities

FeeBuilt 2013

Property Details

Land Type
Fee
Year Built
2013
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Park/Greenbelt
Flooring
Vinyl, Tile
City
Irvine
Zip Code
92620
County
Orange
Listed byZeng Real Estate, Inc., Susan Zeng

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,056.54
Principal & Interest
Loan Amount
$800,000
Total Interest
$1,020,356
Total Payment Over 30 Years
$1,820,356
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

138 Velvet Flower, Irvine, CA 92620

Irvine · Condominium

$1.0M
Affordable Tier
Beds
2
Baths
2
Sqft
1,182
Lot
0 sqft
Year
2013
$/Sqft
$846
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt✓
Garage: 2-car✓

Listed 19.8% above the median closed sale of $835,000. Price per sqft ($846) is a 16% premium to closed comps ($729).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.00M· $846/sqft
Total list price
Closed comps
vs closed median $835K
+$165K (+19.8%)
Active comps
vs active median $685K
+$315K (+46.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $843
+$3 (+0.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
49 SummerfieldIrvine1984221,0000$1,050$1.05M2583
391 HuntingtonIrvine19872298731,172$688$679,0001882
24 RiverstoneIrvine19852291175,293$1,010$920,000481
32 RemingtonIrvine19862298777,031$694$684,9003981
607 Terra BellaIrvine19991288742,251$772$685,0006080
Total: 5 · Average1.82.0954.456,436.75$842.8$803,78029.2
Median987$685,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
106 Nature WalkIrvine201810/01/2026221,1780$900,000$865,000$7340.964898
56 TalismanIrvine201109/16/2026221,1320$980,000$980,000$8661.004197
33 SilveradoIrvine201010/01/2026221,2390$849,880$835,000$6740.984197
1226 NolitaIrvine201809/21/2026221,088115,997$799,000$785,000$7220.989495
3422 WatermarkeIrvine200310/09/2026221,260473,967$849,000$820,000$6510.974494
Total: 5 · Average2.02.01,179.4294,982$857,000$857,000$729.4—53.6
Median1,178$835,000$835,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.