101 Scholz Plaza Ph19, Newport Beach, California 92663, Newport Beach, 92663 - 1 bed, 1 bath
101 Scholz Plaza Ph19
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 101 Scholz Plaza Ph19, Newport Beach, California 92663 is currently available with a list price of $585,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the 1971 build year, the listing explicitly states the condo is 'completely remodeled' with modern features such as quartz countertops, shaker cabinets, custom tile backsplash, luxury vinyl plank flooring, and a remodeled bathroom with recessed lighting. The images confirm a fresh, contemporary aesthetic throughout the unit, including the kitchen and bathroom, indicating a very recent and extensive renovation. All components appear new or virtually new, meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location & Walkability
Situated in highly desirable Newport Beach, the property offers a short half-mile walk/bike ride to the beach and easy access to Lido Village, Newport Pier, and the Boardwalk.
- Extensively Remodeled Interior
The unit boasts a complete, high-quality remodel featuring quartz countertops, shaker cabinets, luxury vinyl plank flooring, a custom tile backsplash, and a modern bathroom.
- Penthouse & Quiet Interior Placement
As a top-floor penthouse unit, it ensures no overhead neighbors, and its interior community location provides a peaceful environment free from street noise.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 496, other record living area = 726.
- Studio Layout & Limited Space
Despite the alcove, it remains a studio unit with only 496 sqft, which may limit its appeal to buyers seeking more expansive living areas or multiple rooms.
- High Monthly HOA Fees
The association fee of $574.00 per month is substantial for a studio unit, impacting overall affordability and monthly carrying costs.
About 101 Scholz Plaza Ph19
HUGE PRICE IMPROVEMENT!! Beautifully redesigned studio unit at Versailles in Newport Beach. This bedroom setup is a studio, with an alcove area for the bedroom. Feels more like a junior 1-bedroom with some distance and separation between the living area and the bedroom. Perfect for one or two people to enjoy, or as a second home for a beach getaway in Newport Beach. This PENTHOUSE condo is on the top floor with no one above. The INTERIOR LOCATION is one of the best locations in the entire community, with no street noise from any of the surrounding streets. Completely remodeled condo with quartz countertops, shaker cabinets, custom tile backsplash, luxury vinyl plank flooring, remodeled bathroom, recessed lighting, and a ceiling fan above the bedroom area. Two full closet spaces with ample storage. This entire home feels light, bright, and open. From the balcony, you will love the views of the courtyard with a fountain, grass, and trees. Enjoy the convenience of the assigned parking space in the underground gated parking garage (space #11). ***HUGE BONUS: There is a 220V electric vehicle charger at the assigned parking space that will be included with the sale! Additional guest parking can be found on the ground level directly in front of the condo. Enjoy the amenities that the Versailles community has to offer: gated community, brand new pool & spa, clubhouse, gym, BBQ, tennis, and a short half-mile walk or bike ride to the beach. Feel secure with the private and locked entry doors into the main building. Walk to Lido Village, Newport Pier, and the world-famous Newport Beach Boardwalk! Just like they always say: Location, location, location!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $574.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.4 mi
Horace Ensign Intermediate School
Grades 7-8 • 1.1 mi
Newport Harbor High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 16% |
| Baths | 1.0 | 3.0 | 16% |
| Square foot | 496 | 1,791 | 3% |
| Lot Size | - | 6,579 | 23% |
| Price | $585.0K | $1.85M | 3% |
| Price per sq ft | $1.2K | $1.2K | 52% |
| Built year | 1971 | 1981 | 19% |
| HOA | $574.0 | $550 | 55% |
| Days on market | 57 | 171 | 13% |
Pricing History
Listed for Sale
Feb 28, 2026
$585,000
$619,000
-5% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$619,000
Initial Listing
Sold
Mar 25, 1988
$125,000
Public Record
Sold
Mar 2, 1988
$190,000
Public Record