1002 Timberwood, Irvine, California 92620, Irvine, 92620 - 2 bed, 3 bath
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1002 Timberwood
Irvine, California 92620
ACTIVE
CONDITION: FAIR
2Beds
3Baths
1,267Sq Ft
39,159Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$997,016
SUMMARY
This Sophisticated Townhouse represents a Strong Value Opportunity, listed at $998,000—positioned slightly above the $997,016 Fair Market Value. While priced at market, the property offers exceptional stability within the prestigious 24-hour guard-gated Collage community. Featuring a Fair Condition Rating with original finishes, the home provides a functional layout including a dedicated tech center and direct-access garage. With proximity to Top-Rated Schools like Northwood High (9/10) and access to resort-style amenities, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a secure, high-demand Irvine lifestyle.
Estimated Market Value
$997,016
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1002 Timberwood Subject | $998,000* List Price | 2 | 3 | 1,267 | $787 | - |
A 933 Somerville Active | $1,250,000 List Price | 3 | 3 | 1,481 | $844 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 2000, making it 26 years old. The kitchen and bathrooms appear to have original oak cabinetry and white tile countertops, which are dated by modern standards. While the home is well-maintained and move-in ready, the age (>20 years) and lack of recent renovations place it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
- Elite Gated Security
Situated in the prestigious Collage community, this residence offers 24-hour guard-gated security, providing an exceptional level of privacy and safety for residents.
- Premier School District
The property is ideally located near three National Blue Ribbon Award-winning schools within the Irvine Unified School District, ensuring long-term value and appeal for families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =39159, other record lot size in square feet = 43998.
- High Price per Square Foot
At a list price of $998,000 for 1,267 square feet, the property commands a significant premium that may be a barrier for buyers seeking more interior living space.
- Restrictive Showing Requirements
The mandatory requirement for proof of funds or pre-approval prior to any site visit may limit initial buyer traffic and deter qualified but spontaneous prospects.
About 1002 Timberwood
1002 Timberwood | Sophisticated Gated Living in Irvine. An Exceptional Residence in the Prestigious 24-Hour Gated Community of Collage. MUST have POF and/or pre-approval prior to visiting. Welcome to 1002 Timberwood, an exquisitely positioned townhome offering an elevated blend of privacy, comfort, and contemporary Irvine living within the coveted 24-hour guard-gated community of Collage. Make 1002 a DONE DEAL! FOR YOU INVESTORS THIS WILL LEASE IN THE $3500-$4000 RANGE. BEST SCHOOLS- https://www.greatschools.org/california/irvine/irvine-unified-school-district/. Thoughtfully designed across nearly 1,300 square feet, this sophisticated residence features two generously sized bedrooms, two-and-a-half beautifully appointed bathrooms, and a versatile tech center—an ideal private workspace for today’s lifestyle, whether working remotely, managing a home office, or creating a quiet study. The open and inviting living spaces are complemented by a two-car direct-access garage, providing the ultimate in everyday convenience along with abundant community parking for residents and guests. Resort-Inspired Community Living. Beyond the residence, Collage delivers an exceptional lifestyle in a secure, beautifully maintained setting. Residents enjoy access to a sparkling community pool and relaxing spa, creating a resort-like atmosphere just steps from home. The community’s 24-hour gated setting offers an added sense of privacy and exclusivity, while ample parking makes entertaining guests remarkably convenient. An Unbeatable Irvine Location. Location is one of 1002 Timberwood’s greatest luxuries. The residence is ideally situated near three National Blue Ribbon Award-winning schools, placing exceptional educational opportunities within easy reach. Combined with Irvine’s renowned master-planned neighborhoods, beautifully maintained surroundings, and outstanding amenities, this is a location that delivers both lifestyle and long-term appeal.1002 Timberwood is more than a townhome—it is an invitation to experience refined Irvine living behind the gates of one of the community’s most desirable neighborhoods. Private. Secure. Exceptionally located. Welcome home to Collage.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2000
- Lot Size
- 39,159 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $65.0 / Month
Neighborhood Insights
Irvine Unified Schools
Canyon View Elementary School
Grades K-6 • 0.1 mi
8/10
Sierra Vista Middle School
Grades 7-8 • 1.3 mi
9/10
Northwood High School
Grades 9-12 • 0.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,267 | 1,612 |
| Lot Size | 39,159 | 50,163.722 |
| Price | $998.0K | $1.15M |
| Price per sq ft | $788 | $748 |
| Built year | 2000 | 1998 |
| HOA | $65.0 | $376 |
| Days on market | 20 | 57 |
Pricing History
Listed for Sale
Aug 20, 2026
$998,000
Initial Listing
Sold
Sep 30, 2005
$535,000
Public Record
Sold
Aug 21, 2002
$313,000
Public Record
Sold
Aug 25, 2000
$226,000
Public Record