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48 Monroe, Irvine, CA, 92620

3beds
3baths
1,288sqft
$999,888
$776price/sqft
$6,060/moest. monthly cost
$242,400/yrincome needed

About This Home

Northwood Timberline enclave, where listings are a rare find, 48 Monroe is your ticket into Irvine, consistently ranked among the safest cities in the U.S., and access to a top-rated school district! Northwood is known for mature tree-lined streets, established neighborhood feel, and strong long-term value. With low HOA dues of $270 - and no Mello-Rooms - with a prime location in one of Irvine’s most desirable communities, 48 Monroe represents a compelling value and an excellent entry point into the Northwood market. The main floor features newer tile flooring and an open kitchen with granite countertops that flows naturally into a spacious family room, making it ideal for everyday life and easy entertaining. Upstairs, luxury vinyl flooring runs through all three bedrooms, including a primary suite with a custom granite vanity and an elegant travertine shower. Major systems — A/C, furnace, dual-pane windows, and dishwasher — were all replaced approximately nine years ago, so you can settle in with confidence. The washer, dryer, and refrigerator are included, along with indoor laundry and a detached 2-car garage. A private patio yard offers the perfect outdoor retreat for enjoying Southern California evenings. Situated in the highly desirable Northwood area of Irvine, residents are zoned for award-winning Brywood Elementary, Sierra Vista Middle, and Northwood High School, with Irvine Valley College (IVC) and University California Irvine (UCI) just minutes away. The community itself offers two pools and spas, lush park-like grounds, and a tot lot. Steps from major shopping and dining, quick access to the 5 Freeway, and close to the renowned Woollett Aquatics Center, Heritage Community Park. When you aren’t enjoying your private patio, explore the nearby Irvine Spectrum and the Irvine and Tustin Marketplace: from world-class dining like Din Tai Fung and Mastro’s to premium shopping at Nordstrom and Lululemon, and a huge sixteen screen Regal Theater, everything you need is just a short drive away! Homes in this community rarely hit the market. This is the one you've been waiting for!

Getting Around

66
WalkingSomewhat Walkable
33
TransitSome Transit
68
BikeBikeable

Schools

10/10
9/10
10/10
Northwood High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Water To Refrigerator,Dryer,Washer
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Inside,Upper Level

Bathroom

  • Features: Bathtub,Granite Counters,Separate Shower,Tub Shower

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Separate/Formal Dining Room,Granite Counters,All Bedrooms Up,Galley Kitchen
  • Window features: Double Pane Windows
  • Flooring: Stone,Vinyl
  • Fireplace features: Gas,Gas Starter,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air,Gas

Interior Area

  • Total interior livable area: 1,288 sqft

Kitchen

  • Features: Granite Counters,Kitchen/Family Room Combo

Kitchen

  • Features: Galley Kitchen

Property

Details

  • Parcel number: 93209580
  • Attached to another structure: Yes
  • Special condition: Trust

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: Community,In Ground,Association
  • Patio & porch: Concrete
  • Has spa: Yes
  • Spa features: Association,Community,Heated,In Ground
  • Fencing: Good Condition
  • Has view: Yes
  • View description: None

Lot

  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 2
  • Parking features: Door-Single,Garage,Garage Door Opener,Garage Faces Rear
  • 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

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
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 $5,055$60,660
Home Insurance *$74$888
Property Taxes $533$6,396
Electricity $398$4,786
Total$6,060$72,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,771/yr
40% on housing$181,800/yr
45% on housing$161,600/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

$776This listing

vs Other Active Listings

Avg $/sqft

ZIP 92620$737
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
2026-04-24Listed for sale$1,070,000

For Sale by Agent

AgentBruce Clark
BrokerageReal Broker

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