Welcome to a piece of history! This meticulously preserved 1927 Spanish gem, nestled in the heart of the Old Towne Orange Historic District, is a true embodiment of charm and character. Designated under the Mills Act, this residence not only captures the essence of its time but also offers potential tax savings. Situated within a short stroll of Chapman University, the iconic Orange Circle, and the charming Orange Library, this two-bedroom, one-bathroom abode stands as a testament to timeless architecture. A one-car detached garage with epoxy flooring and a covered driveway enhance the convenience of urban living. Approaching this residence, you'll be captivated by its incredible curb appeal and thoughtfully landscaped surroundings. The arched patio and entryway beckon you inside, where the main living area welcomes you with a vaulted ceiling and a centrally located, tiled fireplace adorned with a wood mantle. Original windows, adorned with original glass panes, allow the warm California sun to illuminate the living spaces. Maintaining a perfect balance between preservation and modernization, this home boasts original wall sconces that cast a warm glow in the evening, contributing to its vintage charm. The formal dining room and a versatile study with French doors opening to the expansive backyard add to the allure of this home. Preserving the authenticity of the home, you'll find beautifully restored hardwood floors throughout. The kitchen, tastefully remodeled in 2014, features limestone floors, quartz countertops, a Carrara backsplash, and stainless-steel appliances. A door opens from the kitchen to the backyard, providing seamless indoor-outdoor living. The primary bedroom exudes classic elegance with casement windows and a cedar-lined closet. The bathroom is a retreat with a restored stand-alone clawfoot tub, an exposed pipe shower system, and a heated tile floor. Notable upgrades include whole-home electrical rewiring in 2014, central AC & heat with a Nest thermostat, seismic retrofitting on the foundation, and copper plumbing. The large landscaped front yard and backyard, complete with a century-old Persimmon tree, offer both tranquility and a touch of nature. This residence also boasts a raised foundation with potential for a finished basement, providing an opportunity for additional usable space. With a perfect blend of historic charm and modern amenities, this home invites you to experience a living legacy in the heart of Old Towne Orange.