For sale · Active Under Contract (Backup)

173 S Cypress

Orange, CA 92866

$1,625,000
Lot size0.18 acres
Property typeMixed Use
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Listing broker / agent: Caliber Real Estate Group · Kevin Shuler · 949-633-6668 · CRMLS

MLS # PW26210579 · Last checked Oct 19, 2026 04:36 UTC

About this property

173 South Cypress Street, zoned for residential or commercial — Old Towne Orange's Craftsman Trifecta!! Location. Quality. Tax savings. This turnkey historic 1916 Craftsman delivers all three — and it's ready for its next discerning owner. Just steps from the Orange Circle, this classic home sits in the heart of Old Towne, a short walk to the Plaza and the multitude of restaurants, shops, and events that make this neighborhood one of Orange County's most beloved. And thanks to its historic Mills Act status, ownership comes with substantial annual property tax savings, year after year. A Craftsman, reimagined with its full-width front porch, distinctive pillars, and classic gable roofline,  announces this home's pedigree before you even step inside. Beyond the door, this home has been touched from top to bottom, blending true Craftsman character with the ease of modern living. The open living and dining area flows seamlessly into the kitchen — ideal for the way people actually live today. Gleaming hardwood floors run throughout, while stainless steel appliances and a spacious dining area (perfect for a table or breakfast nook) anchor the kitchen. Three bedrooms, thoughtfully finished,  and two fully updated, luxurious bathrooms round out the interior, with each bedroom featuring ceiling fans and custom lighting. Gorgeous hardwood floors, crown molding and Craftsman-style woodworking add character throughout. The third bedroom offers flexible use as a nursery, home office, or guest space, and an inside laundry room adds everyday convenience. Last but not least, the amazing property offers outdoor living at its best! Step out back to a covered rear porch with ceiling fans and custom lighting — made for warm California summer nights. Beyond that, a covered pergola with a full outdoor kitchen and stainless steel appliances sets the stage for unforgettable summer barbecues and gatherings. The oversized new cement driveway offers potential for an ADU and RV parking. Timeless Craftsman charm, thoughtful updates, and a location that puts everything within reach, with property tax savings beyond compare. (Annual property taxes are only $3300 per year!) As a bonus, this property is zoned for either residential or commercial, so your opportunities are endless. Pack your bags and start living the Old Towne lifestyle today!

Property details

MLS number
PW26210579
Status
Active Under Contract (Backup)
Type
Commercial Sale
Subtype
Mixed Use
Lot size
0.18 acres
County
Orange
Year built
1916
More property detailsExpandCollapse

Listing

Days on market
6

Building

Year built
1916
Year built source
Public Records
Building stories
1
Entry level
1
Construction
Wood Siding
Roof
Composition

Rooms & interior

Appliances
Dryer, Washer
Heating
Central, Forced Air, Natural Gas
Cooling
Central Air, Electric
Laundry
Gas Dryer Hookup, Inside, Laundry Room

Exterior & parking

Total parking spaces
6
Lot features
Two To Five Units Acre, Back Yard, Front Yard, Landscaped, Rectangular Lot, Sprinklers Timer, Sprinkler System
Lot size source
Assessor
Fencing
Block, Excellent Condition

Utilities & community

Water
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
West Orange Elementary (school website, opens in a new tab) Orange Unified · Orange K–6 0.6 mi
Portola Middle (school website, opens in a new tab) Orange Unified · Orange 7–8 0.7 mi
Richland Continuation High (school website, opens in a new tab) Orange Unified · Orange 9–12 0.7 mi
Sycamore Elementary (school website, opens in a new tab) Orange Unified · Orange K–6 0.8 mi
Orange High (school website, opens in a new tab) Orange Unified · Orange 9–12 0.8 mi
Cambridge Elementary (school website, opens in a new tab) Orange Unified · Orange K–6 0.9 mi
Fairhaven Elementary (school website, opens in a new tab) Orange Unified · Santa Ana K–6 0.9 mi
Palmyra GATE Magnet (school website, opens in a new tab) Orange Unified · Orange K–6 1.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,625,000
MLS-reported original asking price
$1,625,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 11, 2026 01:03$1,625,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Orange

Active residential homes for sale in Orange, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings169Current authorized inventory
Median asking price$1,250,000169 listings with a valid price
Median asking price / sq ft$668.63166 listings with confirmed sq ft
Median days on market31169 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction27
Listings with an increase1

28 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 05:27 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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