1306 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
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Irvine, California 92612
This Modern Resort-Style Condo is a Strong Value Opportunity, listed at $585,000—positioned well below the $618,769 Fair Market Value by 5%. This valuation gap provides $33,769 in Instant Equity for the buyer. The unit maintains a Good Condition Rating, featuring Granite Countertops and recent mechanical upgrades including a new AC and water heater. Located in the Avenue One community and served by the Santa Ana Unified District, residents enjoy a pool and a rare Indoor Basketball Court. This is an optimal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1306 Scholarship Subject | $585,000* List Price | 1 | 1 | 734 | $843 | - |
A 2114 Watermarke Sold | $549,000 | 1 | 1 | 648 | $847 | 0.2 mi |
B 2379 Scholarship Sold | $555,000 | 1 | 1 | 610 | $910 | 0.1 mi |
C 3339 Watermarke Place Sold | $635,000 | 1 | 1 | 835 | $760 | 0.2 mi |
D 3231 Watermarke Pl Sold | $560,000 | 1 | 1 | 648 | $864 | 0.1 mi |
E 3125 Watermarke Place Sold | $570,000 | 1 | 1 | 648 | $880 | 0.2 mi |
F 2457 Watermarke Place Sold | $650,000 | 1 | 1 | 868 | $749 | 0.2 mi |
G 3202 Watermarke Active | $675,000 List Price | 1 | 1 | 746 | $905 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' rating. The unit is move-in ready and features well-maintained systems, including a recently replaced AC unit, water heater, and refrigerator. The kitchen maintains quality standards with granite countertops, and the overall condition shows minimal wear and tear consistent with regular upkeep.
The Avenue One community offers an exceptional suite of amenities, including a pool, spa, fitness center, and a rare indoor basketball court, providing a high-end lifestyle for residents.
The unit features a recently installed AC system, updated water heater, and a new refrigerator, significantly reducing immediate maintenance concerns and capital expenditures for the new owner.
Ideally situated near John Wayne Airport, major freeways, and the San Joaquin Nature Preserve, this property offers unparalleled convenience for commuters and frequent travelers.
The property is served by the Santa Ana Unified School District, which features lower-rated schools (3-4 range) compared to the highly-coveted Irvine Unified School District nearby.
At 734 square feet, the one-bedroom layout is relatively compact, which may limit its appeal to buyers seeking more spacious living areas or dedicated home office space.
Welcome to this bright and inviting 1 bedroom, 1 bathroom condo located in the sought after Avenue One community in Irvine. Situated on the third floor and overlooking the peaceful interior courtyard, this home offers approximately 734 square feet of comfortable living space along with a private balcony. The open layout features a spacious living area, granite countertops, and energy efficient dual pane windows. In addition, the unit includes a recently installed AC unit, updated water heater and refrigerator. Avenue One residents enjoy resort style amenities including a pool and spa, fitness center, indoor basketball court, clubhouse, BBQ areas, and more. Conveniently located near the San Joaquin Nature Preserve, John Wayne Airport, shopping, dining, and major freeways.
No exterior & parking available.
Grades K-5 • 3.2 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 26% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 734 | 1,447 | 8% |
| Lot Size | 134,548 | 51,599 | 67% |
| Price | $585.0K | $980.0K | 10% |
| Price per sq ft | $797 | $727 | 71% |
| Built year | 2006 | 2003 | 68% |
| HOA | $420.0 | $588 | 19% |
| Days on market | 41 | 188 | 3% |
Mar 12, 2026
$585,000
Initial Listing
Sep 25, 2018
$428,000
Public Record
Mar 23, 2017
$365,000
Public Record
Jan 2, 2008
$279,000
Public Record