
Newport Beach, California 92663
This Modern Turnkey Studio represents a premier entry point into Newport Beach, listed at $575,000—reflecting the stability of its $569,856 Fair Market Value. Boasting a Condition Rating of 2, the interior features a complete remodel with hardwood flooring and contemporary finishes. Residents enjoy a serene courtyard view and resort-style amenities including a sparkling pool and spa. Located within the prestigious Newport Mesa Unified School District, this home offers a coastal lifestyle near West Newport beaches. It is an ideal match for first-time buyers or second-home seekers looking for a polished, low-maintenance retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Scholz 225 Subject | $575,000* List Price | 1 | 1 | 504 | $1,131 | - |
A 101 Scholz Plaza Ph19 Active Under Contract | $549,000 List Price | 1 | 1 | 496 | $1,107 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the unit has been fully remodeled within the last 5 years. It features modern hardwood flooring, a completely updated kitchen with contemporary shaker cabinets and recessed lighting, and a renovated bathroom, meeting the criteria for mint condition.
Positioned as one of the lowest-priced entry points in Newport Beach, this property offers a rare opportunity for coastal living or a high-yield investment at a competitive price point.
The unit has been fully remodeled with hardwood flooring and contemporary finishes, providing a move-in-ready space that eliminates the need for immediate renovation costs.
Residents enjoy premium community features including a sparkling pool, spa, fitness center, and clubhouse, all located just a short bike ride from West Newport beaches.
With only 504 square feet of living space, the studio layout may be restrictive for buyers seeking traditional bedroom privacy or long-term versatility.
The $546 monthly association fee is relatively high for a studio unit, which could impact the overall affordability and net ROI for potential investors.
One of the lowest-priced opportunities currently available in all of Newport Beach, this beautifully updated second-floor studio is located in the highly desirable Versailles community. Overlooking a freshly landscaped courtyard with a tranquil fountain, the home offers both comfort and a serene setting. Ideally situated just steps from the main entrance, stairway, and elevator, this unit combines convenience with privacy. Interior features include hardwood flooring, and is fully remodeled, creating a clean and modern living space. Versailles is perfectly positioned just a short bike ride from the stunning beaches of West Newport, making it an excellent choice for those seeking the ultimate coastal lifestyle. Whether you’re a professional, a couple looking for a beach retreat, or an investor seeking a solid long-term rental, this property checks all the boxes. Additional highlights include a private parking space in a secure garage, a storage cabinet and plenty of guest parking in front of the unit. Residents enjoy resort-style amenities including a sparkling pool and spa, sauna, fitness center, clubhouse, and a full kitchen banquet room—ideal for entertaining.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 504 | 1,295 | 5% |
| Lot Size | 258,727 | 3,127 | 92% |
| Price | $575.0K | $1.66M | 8% |
| Price per sq ft | $1.1K | $1.2K | 49% |
| Built year | 1971 | 1979 | 24% |
| HOA | $546.0 | $550 | 49% |
| Days on market | 9 | 179 | 3% |
Apr 16, 2026
$575,000
$649,000
-11% Price Drop
Initial Listing
Apr 13, 2026
$649,000
Initial Listing
Nov 9, 2018
$345,000
Public Record
Jun 10, 2016
$300,000
Public Record
Aug 12, 2009
$250,000
Public Record
Dec 12, 2001
$145,000
Public Record
Nov 15, 1993
$95,000
Public Record