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112 Tallowood, Irvine, CA, 92620

4beds
3baths
1,481sqft
$1,280,000
$864price/sqft
$8,414/moest. monthly cost
$336,560/yrincome needed

About This Home

Welcome to this well-designed two-level home in the highly desirable Cypress Village community of Irvine. Title reflects 4 bedrooms and 3 bathrooms, while the home is currently configured as 3 bedrooms and 3 full bathrooms. An open office/loft area on the second floor can be converted into a fourth bedroom, offering flexibility for a variety of living needs. The thoughtfully designed floor plan features a highly functional layout with one bedroom and one full bathroom on the first floor, ideal for guests or multi-generational living. Upstairs, you’ll find two additional bedrooms, including a private primary suite on the left side, while the right side hosts a guest bedroom, full bathroom, and the versatile office space. The home showcases a fresh, modern feel with brand new waterproof vinyl flooring throughout, new interior paint across the entire home, new kitchen backsplash, brand new gas stove and range hood, new shower door in the primary bathroom and new mirrors and updated finishes. Located in Cypress Village, residents enjoy resort-style amenities including pools, parks, playgrounds, walking trails, and sports courts. The home is also part of the award-winning Irvine Unified School District, adding strong long-term value. This is a rare opportunity to own a move-in ready, newly refreshed home in one of Irvine’s most sought-after communities, with built-in flexibility to suit your lifestyle.

Getting Around

15
WalkingCar-Dependent
17
TransitMinimal Transit
53
BikeBikeable

Schools

9/10
9/10
Jeffrey Trail MiddleGrades 7-80.9 mi
9/10
Irvine High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2015

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Laundry Room,Upper Level

Bathroom

  • Features: Separate Shower,Tub Shower

Bedroom

  • Features: Multi-Level Bedroom

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Primary Suite
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,481 sqft

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 93131988
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: Association
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.51 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
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 $6,472$77,664
Home Insurance *$95$1,140
Property Taxes $1,449$17,388
Electricity $398$4,786
Total$8,414$100,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$288,480/yr
40% on housing$252,420/yr
45% on housing$224,373/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$864This listing

vs Other Active Listings

Avg $/sqft

ZIP 92620$735
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92620$841
Orange County$707

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
2026-05-08Listed for sale$1,280,000
2020-05-16Listing removed$3,500
2020-03-30Price change$3,500
2020-03-08Listed for rent$5,000
2020-01-24Listing removed$5,500
2020-01-15Listed for rent$5,500
2018-03-15Listing removed$4,500
2018-03-02Listed for rent$4,500
2015-12-30Sold$683,000

For Sale by Agent

AgentRenee Ren
BrokerageTopSky Realty Inc

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