101 Scholz Plaza Ph 16, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
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Newport Beach, California 92663
This Panoramic Coastal Condominium is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,441,558 Fair Market Value by 6%. This valuation gap offers $91,558 in Instant Equity for the incoming owner. Boasting an Immaculate Condition Rating, the residence features unobstructed 180-degree views of the ocean and Catalina Island from every room. Located within the Newport Mesa Unified District near top-rated schools, this turnkey home combines resort-style amenities with a premier beach lifestyle. It is an exceptional find for lifestyle-oriented buyers or Owner-Occupants seeking immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Scholz Plaza Ph 16 Subject | $1,350,000* List Price | 2 | 2 | 1,231 | $1,171 | - |
A 10 Serena Court Sold | $1,410,000 | 2 | 2 | 1,170 | $1,205 | 0.3 mi |
B 210 Lille Lane 208 Sold | $1,400,000 | 2 | 2 | 1,087 | $1,288 | 0.1 mi |
C 3121 W Coast 5d Sold | $1,695,000 | 2 | 2 | 1,288 | $1,316 | 0.5 mi |
D 200 Mcneil Lane 204 Active | $949,000 List Price | 2 | 2 | 1,120 | $847 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in immaculate, move-in ready condition with several modern updates including high-quality wood-look flooring, updated countertops, and recessed lighting. While the building was constructed in 1971, the interior has been extensively renovated and well-maintained, featuring a clean, contemporary aesthetic. It falls into the 'good' category as it is fully functional and updated, though it retains some older architectural elements like mirrored walls and a 1970s-era layout.
The property features rare, unobstructed 180-degree views of the ocean, bay, Catalina Island, and the pier from every room, significantly increasing its market desirability.
Maintained in immaculate move-in condition with beautiful flooring and countertops, the sale also includes all furniture, appliances, and two side-by-side parking spaces.
Located in a gated community just two blocks from the beach and within walking distance to fine dining and Sunset Park, offering a high-end Newport Beach lifestyle.
Constructed in 1971, the building may lack some of the modern architectural elements and energy-efficient systems found in newer luxury developments.
The monthly association fee of $615 represents a significant ongoing carrying cost that may impact the overall affordability for some buyers.
GATED COMMUNITY. VIEWS, VIEWS. VIEWS - UNOBSTRUCTED 180 DEGREE PANORAMIC VIEWS OF CITY LIGHTS, OCEAN, BAY, CATALINA AND PIER FROM THIS BEAUTIFUL TWO BEDROOM, TWO BATH MASTER SUITES CONDO. BEST VIEW IN ALL OF VERSAILLES FROM THE 3RD FLOOR. VIEWS FROM EVERY ROOM. FROM THIS BEAUTIFUL CONDO YOU CAN SEE THE BOAT PARADE AND THE 4TH OF JULY CELEBRATION OF ALL BOATS GOING THROUGH THE BAY AND HARBOR. IMMACULATE MOVE IN CONDITION. LOTS OF CLOSET SPACE THROUGH OUT. BEAUTIFUL FLOORING AND COUNTER TOPS. FIREPLACE IN LIVING ROOM. NICE SIZE PATIO FOR ENTERTAINING WITH AWNING. WASHER/DRYER AND REFRIGERATOR INCLUDED. TWO PARKING SPACES SIDE BY SIDE IN THE COMMUNITY GARAGE WITH A LARGE STORAGE AREA. FULL AMENITIES INCLUDE: POOL, JACUZZI, CLUBHOUSE, GYM, SAUNA. TWO BLOCKS TO BEACH FOR BIKING AND WALKING. WALKING DISTANCE TO ALL FINE DINNING. FIVE MINUTES TO LIDO ISLAND, BALBOA ISLAND, FASHION ISLAND, HUNTINGTON BEACH AND FREEWAY. SUNSET PARK DIRECTLY ACROSS THE STREET. LOCATION, LOCATION. (FURNITURE IS INCLUDED). A MUST SEE!
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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,231 | 1,295 | 43% |
| Lot Size | 1,231 | 3,127 | 41% |
| Price | $1.35M | $1.66M | 35% |
| Price per sq ft | $1.1K | $1.2K | 49% |
| Built year | 1971 | 1979 | 24% |
| HOA | $615.0 | $559 | 73% |
| Days on market | 28 | 179 | 5% |
Mar 25, 2026
$1,350,000
Initial Listing
Oct 10, 2008
$550,000
Public Record
Jul 5, 2007
$771,500
Public Record
Apr 30, 2004
$530,000
Public Record
Mar 9, 1993
$255,000
Public Record