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For sale
  • Listed by: Zeng Real Estate, Inc. • Susan Zeng • Contact: 714-902-3135
    $1,000,000

    138 Velvet Flower, Irvine, CA 92620

    2beds
    1,182sqft
    : 
    $6,905/mo
    Get pre-qualified
    Condominium
    Built in 2013
    -- sqft lot
    $981,500 Zestimate®
    $846/sqft
    $384/mo HOA

    What's special

    Large islandMatching backsplashKitchen features granite countersCeiling fanSeparate walk-in showerBosch stainless steel appliancesSoaking tub
    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.
    32 days
    |
    449
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Zeng DRE #02025692 714-902-3135,

    Zeng Real Estate, Inc.

    Source: CRMLS,MLS#: OC26154050MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Bedroom, Other
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Linen Closet, Tub Shower, Walk-In Shower
      Kitchen
      • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Range, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water Purifier, Dryer, Washer
      Features
      • Balcony, Tray Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Two Story Ceilings, All Bedrooms Up, Walk-In Closet(s)
      • Flooring: Tile, Vinyl
      • Windows: Blinds, Double Pane Windows, Drapes, Skylight(s)
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
      Interior area
      • Total interior livable area: 1,182 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Direct Access, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: ground Level w/o Steps
      • Patio & porch: Covered
      • Pool features: Community, Association
      • Has spa: Yes
      • Spa features: Community
      • Has view: Yes
      • View description: Park/Greenbelt
      Details
      • Parcel number: 93131602
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2013

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Curbs, Park, Pool
      • Subdivision: Caserta (Cvcas)
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa/Hot Tub
      • Services included: Pest Control
      • HOA fee: $135 monthly
      • HOA name: Cypress Village
      • HOA phone: 949-855-1800
      • Second HOA fee: $249 monthly
      • Second HOA name: Caserta
      • Second HOA phone: 949-363-1963
      Location
      • Region: Irvine

      Financial & listing details

      • Price per square foot: $846/sqft
      • Tax assessed value: $734,213
      • Date on market: 7/16/2026
      • Cumulative days on market: 32 days
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
      • Inclusions: Washer, dryer, and refrigerator

        Estimated market value

        $981,500

        $932,000 - $1.03M

        $3,641/mo

        Price history

        DateEventPrice
        8/7/2026Listed for sale$1,000,000$846/sqft
        Source: CRMLS #OC26154050 Report a problem
        7/28/2026Listing removed$1,000,000$846/sqft
        Source: CRMLS #OC26154050 Report a problem
        7/17/2026Listed for sale$1,000,000+50.4%$846/sqft
        Source: CRMLS #OC26154050 Report a problem
        3/23/2021Sold$665,000+34.5%$563/sqft
        Source: Public Record Report a problem
        2/26/2014Sold$494,500$418/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $734,213 +2%
        2025$10,110 +1.6%$719,817 +2%
        2024$9,950 +1.8%$705,703 +2%
        2023$9,776 +1.6%$691,866 +2%
        2022$9,622 -2.2%$678,300 +21.2%
        2021$9,839 +17.5%$559,523 +1%
        2020$8,373 $553,786 +2%
        2019$8,373 +0.6%$542,928 +2%
        2018$8,323 -2.8%$532,283 +2%
        2017$8,559 $521,847 +2%
        2016$8,559 +2.9%$511,615 +1.5%
        2015$8,321 $503,931
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cypress Village

        Getting around

        12 / 100
        Car-Dependent
        29 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cypress
        • Middle: Jeffery Trail
        • High: Irvine

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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