101 Scholz Plaza Ph18, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
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Newport Beach, California 92663
This Panoramic Coastal Penthouse is a Prime Investment Opportunity, listed at $1,350,000—positioned well below the $1,409,443 Fair Market Value by 4%. This valuation gap offers $59,443 in Instant Equity for the incoming buyer. Boasting an immaculate Condition Rating of 3, the residence features unobstructed 180-degree views of the ocean and Catalina Island. Located in the gated Versailles community near top-rated Newport Mesa Unified schools, it offers resort-style amenities and elite walkability. This is an ideal acquisition for Owner-Occupants or lifestyle-driven professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Scholz Plaza Ph18 Subject | $1,350,000* List Price | 2 | 2 | 1,231 | $1,145 | - |
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 240 Nice 302 Sold | $950,000 | 2 | 2 | 1,136 | $836 | 0.7 mi |
D 3121 W Coast 5d Sold | $1,695,000 | 2 | 2 | 1,288 | $1,316 | 0.5 mi |
E 102 Scholz Plaza 34 Active Under Contract | $979,000 List Price | 2 | 2 | 1,155 | $848 | 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 following extensive renovations. The kitchen has been modernized with high-end flat-panel cabinetry, integrated appliances, and stone countertops. While the building was constructed in 1971, the unit features updated flooring, recessed lighting, and a contemporary fireplace. It does not quite reach the 'excellent' level as some stylistic choices, such as the floor-to-ceiling mirrored walls, suggest the renovation occurred more than 5 years ago.
The property features unobstructed 180-degree views of the ocean, bay, and Catalina Island from every room, providing a premium coastal living experience that is rare at this price point.
Situated just two blocks from the beach and within walking distance to fine dining and major hubs like Lido Island and Fashion Island, offering an exceptional walk-score and lifestyle.
The unit is in immaculate move-in condition with upgraded flooring, countertops, and built-in cabinetry, allowing for immediate occupancy without the need for costly renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1231, other record living area = 496. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Constructed in 1971, the building may lack the modern architectural aesthetics and energy-efficient systems found in newer luxury developments.
The $616 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
VERSAILLES GATED COMMUNITY. VIEWS, VIEWS, VIEWS UNOBSTRUCTED 180 DEGREE PANORAMIC VIEWS OF OCEAN, BAY, CATALINA, CITY LIGHTS AND PIER FROM THIS BEAUTIFUL TWO BEDROOM, TWO BATH MASTER SUITES THIRD FLOOR CONDO. VIEWS FROM EVERY ROOM. ONE OF THE BEST VIEWS IN VERSAILLES. FROM THIS BEAUTIFUL CONDO YOU CAN SEE THE BOAT PARADE AND 4TH OF JULY CELEBRATION OF ALL BOATS GOING THRU THE BAY AND HARBOR. IMMACULATE MOVE IN CONDITION. NICE FLOORING, COUNTER TOPS AND BUILT IN CABINETS. BIG BEAUTIFUL KITCHEN WITH LOTS OF STORAGE. ALSO, LOTS OF CLOSET SPACE AND STORAGE THRU-OUT THE UNIT. FIREPLACE IN LIVING ROOM. NICE SIZE PATIO FOR ENTERTAINING. WASHER/DRYER, BUILT IN REFRIGERATOR AND MICRO-WAVE INCLUDED. TWO PARKING SPACES SIDE BY SIDE IN COMMUNITY GARGE WITH STORAGE. AMENITIES INCLUDE: POOL, JACUZZI, BAR-B-Q;S BY THE POOL, CLUBHOUSE, GYM, SAUNA. TWO BLOCKS TO BEACH FOR WALKING AND BIKING. WALKING DISTANCE TO ALL FINE DINING. FIVE MINUTES TO LIDO ISLAND, BALBOA ISLAND, FASHION ISLAND, HUNTINGTON BEACH AND FREEWAY. SUNSET PARK DIRECTLY ACROSS THE STREET. GREAT LOCATION.
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 | $616.0 | $559 | 73% |
| Days on market | 15 | 179 | 3% |
Apr 7, 2026
$1,350,000
Initial Listing