1327 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
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Irvine, California 92612
This Serene Resort-Style Condominium is listed at $610,000, providing a stable entry point at its $610,000 Fair Market Value. Boasting a Good Condition Rating, the residence features a Granite Kitchen, sleek European cabinetry, and energy-efficient dual-pane windows. The third-floor location offers a peaceful Courtyard View complemented by elite Avenue One amenities, including a pool, spa, and indoor basketball court. Situated near the San Joaquin Nature Preserve and major business hubs, this turnkey property is an ideal match for young professionals or first-time buyers seeking a high-quality urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1327 Scholarship Subject | $610,000* List Price | 1 | 1 | 734 | $831 | - |
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 bracket for a 'good' rating. The interior is move-in ready and well-maintained with granite countertops and European-style cabinetry in both the kitchen and bathroom. While the black Whirlpool appliances and carpeting are slightly dated compared to brand-new luxury standards, they are functional and show minimal wear. The unit features energy-efficient dual-pane windows and access to high-quality community amenities, reflecting a well-preserved living space with no immediate need for major renovation.
The Avenue One community offers an extensive array of amenities including a pool, spa, fitness center, indoor basketball court, putting green, and a media lounge, providing a high-end lifestyle for residents.
Positioned on the third floor overlooking the inner courtyard, this unit offers a peaceful and serene setting that avoids the noise associated with street-facing properties.
The condo features contemporary updates such as granite countertops, sleek European-style cabinetry, and energy-efficient dual-pane windows, making it move-in ready.
The property is zoned for the Santa Ana Unified School District, which currently holds lower school ratings (3-4) compared to the highly-ranked Irvine Unified School District typically expected in this area.
The history of multiple price reductions since the initial listing in July 2025 may create a perception of low demand or initial overpricing among savvy buyers.
At 734 square feet for a one-bedroom unit, the living area may feel restrictive for buyers looking for more spacious layouts or additional storage capacity.
Private and peaceful, this beautifully updated third-floor condo overlooks the quiet inner courtyard at Avenue One, offering a serene and tranquil setting. The spacious 1-bedroom, 1-bath home features approximately 734 square feet, an assigned parking space in the secured parking structure, granite countertops, sleek European-style cabinetry, all black Whirlpool appliances, a high/low double-basin stainless steel sink, and energy-efficient dual-pane windows that create a comfortable, retreat-like atmosphere. Enjoy resort-style amenities including a sparkling pool and spa, fitness center, indoor basketball court, business center, conference room, putting green, clubhouse, media lounge, billiards, BBQ area, and tot lot — all ideally located near the San Joaquin Nature Preserve, 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 | $610.0K | $980.0K | 10% |
| Price per sq ft | $831 | $727 | 75% |
| Built year | 2006 | 2003 | 68% |
| HOA | $420.0 | $588 | 19% |
| Days on market | 278 | 189 | 85% |
Feb 13, 2026
$610,000
$649,900
-6% Price Drop
Initial Listing
Sep 6, 2025
$649,900
$668,000
-3% Price Drop
Initial Listing
Aug 9, 2025
$668,000
Initial Listing
Jul 18, 2025
$687,000
Initial Listing