Date
Details
Price
Change
Source
2/12/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/50
$725,000 Sale Pending
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Property Description
Nestled in the scenic hills of Orange, this exceptional townhome offers the rare opportunity to live in the highly sought-after Chapman Townhomes community, where resort-style amenities and tranquil surroundings create an unparalleled lifestyle. Residents enjoy access to a sparkling pool and spa, tennis and pickleball court, and beautifully maintained walking paths accented by ponds, waterfalls, charming bridges, and meandering streams. Ideally positioned in a prime interior location, this bright and inviting home features an open-concept floor plan designed for both comfort and entertaining, including a spacious living room with a cozy fireplace and a kitchen with a convenient breakfast bar that flows seamlessly into the dining area. Sliding glass doors open to a serene private patio overlooking a picturesque stream, creating the perfect setting for relaxing evenings or hosting guests amid lush landscaping and the soothing sound of running water. The expansive primary suite is filled with natural light and features vaulted ceilings, mirrored closet doors, and a generous dressing area complete with dual sinks and abundant storage. The secondary bedroom is also generously sized with ample closet space, and both bedrooms enjoy peaceful views of the bubbling stream and surrounding greenery. Additional highlights include a two-car garage with direct access and built-in laundry facilities, as well as nearby guest parking for added convenience. Located just minutes from premier shopping, dining, major freeways, and toll roads, and with close proximity to Peters Canyon Regional Park, Irvine Regional Park, and Santiago Oaks, this home offers exceptional access to both everyday conveniences and outdoor recreation. This is a rare opportunity to own a beautifully situated residence in one of Orange's most desirable communities.
Full Property Details
Full Property Details for 126 S Waterwheel Way
General
- Price: $725,000
- HOA FEE: $587/month
- Status: Pending
- Type: Townhouse
- Source: MRMLS
- MLS ID: PW26031060
- Updated: 3/14/2026
- Added to Site: 51 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Dressing Area, All Bedrooms Up, Living Room, Primary Suite, Primary Bathroom
- Interior Features: Unfurnished, High Ceilings, Ceiling Fan(s), Pantry, Living Room Deck Attached, Open Floorplan, Cathedral Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Gas, Living Room
- Eating Areas: Breakfast Counter/Bar, Dining Room
- Appliances: Gas Cooktop, Water Heater, Refrigerator, Gas Water Heater, Gas Range, Gas Oven, Dishwasher
- Flooring: Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Shared Amenities: Pickleball, Tennis Court(s), Pool, Dog Park, Clubhouse, Outdoor Cooking Area, Earthquake Insurance, Spa/Hot Tub
- Pool Description: Association, In-Ground, Fenced, Community, Heated
- Spa Description: Association, In-Ground, Community, Heated
Exterior
- Deck/Patio: Wood, Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage
Location
- County: Orange
- Subdivision: Other (OTHR)
- Driving Directions: Corner of Chapman Avenue and Canyon View
School Information
- School District: Orange Unified
Community
- Community Features: Street Lights, Sidewalks
- Assoc. Name: Revolve Property Mgt
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Fireplace(s), Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Townhouse
- Construction: Wood Siding, Stucco
- Foundation: Slab
- Roof: Asbestos Shingle
- Common Walls: 2 Common Walls (or More)
- Windows: Screens
- Disability Access: Doors - Swing In
- Entry Location: Ground
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,336
- Sq. Ft. Source: Assessor
- Year Built: 1979
- Year Built Source: Assessor
Unit Information
- Units in Complex: 66
Lot Features
- Property View: Trees/Woods, Creek/Stream
- Lot Size (Acres): 9.4786
- Lot Size (Sq. Ft.): 412,886
- Lot Size Source: Assessor
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $542.66
- Association Fee: $587
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Trust, Standard
- Inclusions: Refrigerator, Washer, Dryer
Listed by First Team Real Estate, Joan Befort
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 126 S Waterwheel Way —
Joan Befort
First Team Real Estate
714-454-5887
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 126 S Waterwheel Way
School District:Orange Unified School District
| Name | Grades | Distance |
|---|---|---|
Panorama Elementary School 10512 South Crawford Canyon Road, Santa Ana, CA 92705 | K-6 | 0.5 mi |
El Modena High School 3920 East Spring Street, Orange, CA 92869 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 S Waterwheel Way
Tax History
Tax History for 126 S Waterwheel Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,004
2%
$252,810
2%
2024
$2,934
2%
$247,853
2%
2023
$2,865
2%
$242,994
2%
2022
$2,806
3%
$238,230
2%
2021
$2,729
1%
$233,559
1%
2020
$2,703
1%
$231,165
2%
2019
$2,671
2%
$226,633
2%
2018
$2,629
4%
$222,190
2%
2017
$2,525
2%
$217,834
2%
2016
$2,477
2%
$213,563
2%
2015
$2,439
2%
$210,356
2%
2014
$2,386
—
$206,236
—
2013
$2,378
—
$205,304
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 126 S Waterwheel Way
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- Townhouse
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,061Sq. Ft.
- Townhouse
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,061Sq. Ft.
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- Multi-Family
- Active
- Updated 1 day ago
- Single Family
- Active
- Updated 1 day ago
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- Townhouse
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- Updated 5 hours ago
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- Single Family
- Active
- Updated 18 hours ago
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- 2Total Baths
- 1,428Sq. Ft.
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- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 2Total Baths
- 1,710Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
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- Condo
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,182Sq. Ft.
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- Condo
- Closed
- 3Beds
- 3Total Baths
- 1,190Sq. Ft.
Listed by Lorraine Racacho (CalRE#: 02023738) and Jennifer Matsumoto (CalRE#: 01802878)
126 S Waterwheel Way, Orange, CA 92869 (MLS# PW26031060) is a Townhouse property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 126 S Waterwheel Way is currently listed for $725,000 and was received on February 12, 2026. Want to learn more about 126 S Waterwheel Way? Do you have questions about finding other Townhouse real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.