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32 Perennial, Irvine, CA, 92603

2beds
2baths
1,382sqft
$1,058,000
$766price/sqft
$6,867/moest. monthly cost
$274,680/yrincome needed

About This Home

Nestled in the prestigious Quail Hill community, this beautifully updated upper-level condo offers 2 spacious bedrooms, 2 full bathrooms, and a bright, open-concept layout designed for comfortable modern living in a quiet and serene setting. The living room, dining area, and kitchen flow seamlessly to a private balcony, creating an ideal indoor-outdoor lifestyle. Wraparound windows fill the home with abundant natural light while showcasing peaceful courtyard views, enhancing the home’s calm and private atmosphere. Recent upgrades include a newly renovated kitchen with contemporary finishes and brand-new carpet in the second bedroom, adding both style and comfort. Additional highlights include Mediterranean-inspired architecture, lush landscaped surroundings, and a 2-car side-by-side garage. Residents enjoy resort-style amenities including a pool, spa, fitness center, and scenic walking trails—all within a tranquil, well-maintained environment. Ideally located just minutes from Laguna Beach, Irvine Spectrum Center, Hoag Hospital, Orange County Great Park, and University of California, Irvine, with access to award-winning Irvine schools, shopping, dining, and major employment centers. A rare opportunity to own in one of Irvine’s most sought-after communities—where comfort, convenience, and tranquility come together.

Getting Around

56
WalkingSomewhat Walkable
16
TransitMinimal Transit
74
BikeVery Bikeable

Schools

9/10
9/10
University High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 2004

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Laundry Closet

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

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

Cooling

  • Cooling features: Central Air

Features

  • All Bedrooms Up
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total interior livable area: 1,382 sqft

Property

Details

  • Parcel number: 93627035
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1st floor
  • Pool features: Community,Association
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 1.39 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • 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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

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 $5,349$64,188
Home Insurance *$103$1,236
Property Taxes $1,017$12,204
Electricity $398$4,786
Total$6,867$82,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$235,440/yr
40% on housing$206,010/yr
45% on housing$183,120/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

$766This listing

vs Other Active Listings

Avg $/sqft

ZIP 92603$1,121
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92603$1,226
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
2026-05-01Listed for sale$1,058,000
2026-01-16Listing removed$1,035,000
2025-06-28Listed for sale$1,085,000
2020-01-30Listing removed$3,899
2019-12-31Listed for rent$3,899
2018-10-13Listing removed$2,850
2018-08-31Listed for rent$2,850
2018-05-22Sold$699,000
2018-04-19Pending sale$695,000
2018-04-16Listed for sale$695,000
2016-12-01Sold$571,000
2016-11-06Pending sale$598,000
2016-07-28Price change$598,000
2016-07-08Listed for sale$625,000
2012-12-27Sold$352,000
2003-07-31Sold$361,500

For Sale by Agent

AgentMelinda Zhou
BrokeragePinnacle Real Estate Group

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