
Cypress, California 90270
This Stunning Active Adult Residence is a Prime Investment Opportunity, listed at $1,495,000—positioned well below the $1,540,807 Fair Market Value by 2%. This valuation gap offers $45,807 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this home includes a Granite Kitchen, Owner-Owned Solar, and a Private Patio. Located in the gated Ovation at Flora Park, it offers a resort-style lifestyle. This is an ideal acquisition for Active Adult Retirees or Downsizing Professionals seeking a turnkey, low-maintenance home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10948 Carrillo Court Subject | $1,495,000* List Price | 3 | 4 | 2,205 | $699 | - |
A 4607 Amarillo Court Active | $1,795,800 List Price | 4 | 4 | 2,367 | $759 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year age bracket for an excellent rating. The interior is in mint condition featuring a modern kitchen with granite islands and stainless steel appliances, updated bathrooms, and high-efficiency systems including owner-owned solar panels and a tankless water heater.
Built in 2018, this home features owner-owned solar panels, a tankless water heater, and a whole-home water filtration system, providing significant long-term utility savings and modern convenience.
Positioned on a quiet cul-de-sac, this rare floor plan offers a main-floor primary suite and a versatile upstairs loft with a third bedroom, providing a spacious and flexible living arrangement seldom available in this community.
Residents enjoy resort-caliber facilities including a saline pool, pickleball courts, and a fitness center with relatively low HOA dues, offering an exceptional lifestyle value within a secure gated enclave.
As a 55+ active adult community, the property is limited to a specific buyer demographic, which naturally restricts the pool of potential purchasers compared to standard residential neighborhoods.
A recent $50,000 price reduction within the first 25 days on the market suggests that the initial list price was aggressive, potentially signaling a need for further alignment with current market demand.
Nestled within the highly desirable gated enclave of Ovation at Flora Park, this beautifully upgraded detached residence offers an exceptional blend of comfort, sophistication, and active adult living in a premier 55+ community. Ideally positioned on a peaceful cul-de-sac, this rare end-unit home spans approximately 2,205 square feet with a thoughtfully designed layout, soaring ceilings, and expansive windows that fill the interior with natural light. Remarkably, this is only the second home of this particular floor plan to be offered for sale since the community was built in 2018. The heart of the home is a stunning entertainer’s kitchen featuring an oversized granite island, stainless steel appliances, a five-burner gas cooktop, built-in microwave, dishwasher, abundant cabinetry, and an expansive walk-in pantry. Open-concept living and dining spaces create an effortless flow for everyday living and entertaining alike, extending seamlessly to the private outdoor retreat complete with a professionally landscaped patio area and easy-care grounds. Designed for flexibility and convenience, the main floor includes two spacious bedroom suites, each with its own private bath, along with an additional guest powder room and a dedicated laundry room with utility sink. The primary suite offers a generous walk-in closet and a spa-inspired bathroom highlighted by an ADA-accessible walk-in shower. Upstairs, a versatile loft or den provides additional living space, accompanied by a third bedroom and full bath perfect for guests or a home office. Additional enhancements include waterproof vinyl flooring throughout the primary living areas, owner-owned solar panels designed to help reduce future electricity costs, a tankless water heater, and a whole-home water filtration system. Residents enjoy resort-caliber amenities with surprisingly low HOA dues, including a heated saline pool, oversized spa, fitness center, yoga studio, pickleball and bocce ball courts, billiards room, outdoor lounge areas with fire features and television, outdoor barbecues, cabanas with charging stations, and an elegant clubhouse with banquet facilities and catering kitchen. A vibrant social calendar filled with classes, gatherings, and community events completes the lifestyle experience. Rarely available and exceptionally maintained, this home presents a unique opportunity to enjoy refined, low-maintenance living in one of the area’s most sought-after active adult communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,205 | 1,705 |
| Lot Size | - | 6,000 |
| Price | $1.50M | $1.16M |
| Price per sq ft | $678 | $648 |
| Built year | 2018 | 1965 |
| HOA | $328.0 | $400 |
| Days on market | 70 | 45 |
May 25, 2026
$1,495,000
$1,545,000
-3% Price Drop
Initial Listing
May 13, 2026
$1,545,000
Initial Listing
May 1, 2019
$775,000
Public Record