102 Scholz Plaza 149, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath

102 Scholz Plaza 149, Newport Beach, California 92663 home-pic-0
ACTIVE$875,000$961/sqft
102 Scholz Plaza 149, Newport Beach, California 92663
2Beds
2Baths
961Sqft
961Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in highly desirable Newport Beach, just two blocks from the beach, offering easy access to walking, biking, and fine dining. It's also minutes away from Fashion Island, Lido Island, Huntington Beach, and major freeways.
Top Cons:
Building Age: Constructed in 1971, the building is over 50 years old, which could imply older infrastructure and potentially higher maintenance costs or future assessments for common area upgrades.

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, the property has been 'ALL REDONE' as stated in the description, and the images confirm a comprehensive, high-quality renovation. The kitchen features modern white shaker cabinets, black granite countertops, and updated stainless steel appliances. Both bathrooms are also extensively renovated with contemporary vanities, vessel sinks, glass shower enclosures, and stylish tiling. Dark hardwood flooring and recessed lighting are consistent throughout, giving the interior a virtually new and modern feel with no visible deferred maintenance.
Year Built
1971
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$911
HOA
$588
Days on market
-
Sold On
-
MLS number
NP26012558
Home ConditionExcellent
Features
Good View: Courtyard, Neighborhood, Trees/Woods
Pool
Spa
Patio
ViewCourtyard, Neighborhood, Trees/Woods

About this home

BEAUTIFUL ALL REDONE FIRST FLOOR 2 BEDROOM, 2 BATH. LOCATED IN VERSAILLES A GATED COMMUNITY. BLACK GRANITE COUNTER TOPS IN KITCHEN WITH ALL WHITE CABINETS THRU-OUT. GOOD SIZE BEDROOMS AND BATHROOMS. LOTS OF CLOSET SPACE THRU-OUT. PATIO LOOKS OUT TO TREES AND FOUNTAIN. VERY QUIET LOCATION, CORNER UNIT. 2 BLOCKS TO BEACH FOR WALKING, BIKING AND ALL FINE DINING. AMENITIES INCLUDE: POOL, JACUZZI,SAUNA. BAR-B-Q'S BY POOL. GYM AND CLUBHOUSE WITH A KITCHEN AND BAR FOR PARTIES. FIVE MINUTES TO FASHION ISLAND, LIDO ISLAND, HUNTINGTON BEACH AND FREEWAY. LOCATION, LOCATION. A MUST SEE!

A
Annette Warner
Listing Agent

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.4mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.1mi

Price History

Date
Event
Price
03/19/18
Sold
$580,000
11/30/07
Sold
$549,000
11/08/01
Sold
$248,000
Condition Rating
Excellent

Despite being built in 1971, the property has been 'ALL REDONE' as stated in the description, and the images confirm a comprehensive, high-quality renovation. The kitchen features modern white shaker cabinets, black granite countertops, and updated stainless steel appliances. Both bathrooms are also extensively renovated with contemporary vanities, vessel sinks, glass shower enclosures, and stylish tiling. Dark hardwood flooring and recessed lighting are consistent throughout, giving the interior a virtually new and modern feel with no visible deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: Situated in highly desirable Newport Beach, just two blocks from the beach, offering easy access to walking, biking, and fine dining. It's also minutes away from Fashion Island, Lido Island, Huntington Beach, and major freeways.
Extensive Community Amenities: The Versailles community is gated and provides a wealth of amenities including a pool, jacuzzi, sauna, BBQ areas, a gym, and a clubhouse with a kitchen and bar for parties, enhancing lifestyle and value.
Updated Interior: The unit has been 'all redone' with modern finishes, featuring black granite countertops and white cabinets in the kitchen, suggesting a move-in ready and aesthetically pleasing living space.
Quiet & Desirable Unit Placement: As a corner unit on the first floor, it offers a very quiet location with a pleasant patio view overlooking trees and a fountain, providing a serene environment.
Practical Layout & Storage: The property boasts good-sized bedrooms and bathrooms, along with abundant closet space throughout, addressing common concerns about living and storage space in condominiums.

Cons

Building Age: Constructed in 1971, the building is over 50 years old, which could imply older infrastructure and potentially higher maintenance costs or future assessments for common area upgrades.
High Monthly Association Fee: The association fee of $588.0 per month is a significant recurring expense that buyers must factor into their budget, potentially impacting affordability.
Modest Square Footage: With 961 square feet for a 2-bedroom, 2-bathroom unit, the property offers relatively compact living spaces, which might be a consideration for buyers seeking more expansive accommodations.
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