100 Scholz Plaza Ph1, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
ACTIVE$875,000$961/sqft
100 Scholz Plaza Ph1, Newport Beach, California 92663
2Beds
2Baths
961Sqft
961Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Coastal Location: The property boasts an exceptional location, just two blocks from the beach, fine dining, and within five minutes of Fashion Island, Lido Island, and major freeways, offering unparalleled convenience and lifestyle.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 961, other record living area = 1120.
Compared to the nearby listings
Price:$875.0K vs avg $1.61M ($-737,500)21%
Size:961 sqft vs avg 1,315 sqft16%
Price/sqft:$911 vs avg $90453%
More Insights
Built in 1971 (55 years old).
Condition: Despite being built in 1971, this unit has been 'ALL REDONE INSIDE' as stated in the description, and the images confirm an extensive, recent renovation. The kitchen features modern white shaker cabinets, white quartz countertops, a stylish glass tile backsplash, and new stainless steel appliances. Laminate flooring extends throughout the unit, and the bathroom appears updated with a contemporary vanity and fixtures. All visible components are new or virtually new, meeting current quality standards, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
1971
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$911
HOA
$588
Days on market
-
Sold On
-
MLS number
NP26012572
Home ConditionExcellent
Features
ViewCourtyard, Neighborhood
About this home
BEAUTIFUL THIRD FLOOR PENTHOUSE CORNER UNIT. LOCATED IN VERSAILLES GATED COMMUNITY. ALL REDONE INSIDE. WHITE QUARTZ COUNTER TOPS IN KITCHEN WITH LAMINATE FLOORING THRU-OUT. LIGHT AND BIRGHT. GOOD SIZE BEDROOMS AND CLOSETS. WHITE CABINETS THRU-OUT OPEN FLOOR PLAN IN THE LIVING ROOM AND KITCHEN AREA. UNIT PATIO LOOKS OUT TO FOUNTAIN AND TREES. TWO BLOCKS TO BEACH FOR WALKING, BIKING AND ALL FINE DINING. AMENITIES INCLUDE: LARGE POOL, JACUZZI, BAR-B-Q'S BY POOL. GYM, SAUNA, CLUBHOUSE, KITCHEN AND BAR AREA FOR PARTIES. FIVE MINUTES TO FASHION ISLAND, LIDO ISLAND, HUNTINGTON BEACH AND FREEWAY. GREAT LOCATION. A MUST SEE!
A
Annette Warner
Listing Agent
Nearby schools
8/10
Newport Heights Elementary School
Public,•K-6•1.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
08/30/19
Sold
$512,500
07/10/07
Sold
$660,000
12/14/05
Sold
$537,000
Condition Rating
Excellent
Despite being built in 1971, this unit has been 'ALL REDONE INSIDE' as stated in the description, and the images confirm an extensive, recent renovation. The kitchen features modern white shaker cabinets, white quartz countertops, a stylish glass tile backsplash, and new stainless steel appliances. Laminate flooring extends throughout the unit, and the bathroom appears updated with a contemporary vanity and fixtures. All visible components are new or virtually new, meeting current quality standards, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons
Pros
Prime Coastal Location: The property boasts an exceptional location, just two blocks from the beach, fine dining, and within five minutes of Fashion Island, Lido Island, and major freeways, offering unparalleled convenience and lifestyle.
Recently Renovated Interior: The penthouse features a fully redone interior with modern upgrades including white quartz countertops, laminate flooring throughout, white cabinetry, and an open-concept living room and kitchen, presenting a bright and contemporary living space.
Extensive Community Amenities: Residents benefit from a wide array of resort-style amenities within the gated Versailles community, including a large pool, jacuzzi, BBQ areas, gym, sauna, and a clubhouse with kitchen and bar facilities for entertaining.
Penthouse Corner Unit: As a third-floor penthouse corner unit, it offers desirable attributes such as enhanced natural light, increased privacy, and potentially quieter living compared to lower or interior units.
Gated Community Security: Located within the gated Versailles community, the property provides an added layer of security and exclusivity, contributing to a more private and peaceful living environment.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 961, other record living area = 1120.
Age of Building: Built in 1971, the building is over 50 years old. While the interior is renovated, potential buyers may have concerns regarding the age of the building's core infrastructure (e.g., plumbing, electrical systems) which are not explicitly mentioned as updated.
High Association Fees: The monthly association fee of $588.0 is substantial and adds significantly to the ongoing cost of ownership, which could be a deterrent for some buyers despite the extensive amenities offered.
Potential Lack of Central Air Conditioning: The property description does not mention a cooling system. The absence of central air conditioning could be a significant drawback during warmer months in Southern California, especially for a top-floor unit.