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1430 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath

1430 Scholarship, Irvine, California 92612 home-pic-0
ACTIVE$695,000
1430 Scholarship, Irvine, California 92612
1Bed
1Bath
895Sqft
134,548Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Versatile Living Space: The mezzanine-style loft with bamboo flooring offers significant flexibility, serving as a second sleeping area, home office, or creative retreat, maximizing the utility of the 1-bedroom layout.
Top Cons:
High Association Fees: The monthly association fee of $490.0 is relatively high for an 895 sq. ft. 1-bedroom, 1-bath condo, which could impact affordability and long-term ownership costs for potential buyers.

Compared to the nearby listings

Price:$695.0K vs avg $980.0K ($-285,000)19%
Size:895 sqft vs avg 1,441 sqft18%
Price/sqft:$777 vs avg $75155%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this condo is 18 years old and falls within the 'Good' condition criteria. The property is move-in ready with no immediate renovations required. The kitchen features meticulously maintained wood cabinetry, granite countertops, and stainless steel appliances, all in good working order. The bathroom also presents well with dark wood vanity and granite, consistent with the property's age and good upkeep. Flooring is a mix of carpet, hardwood, and tile, all appearing clean and well-maintained. While some styles reflect its 2006 build, there are no signs of significant wear, tear, or deferred maintenance, indicating functional systems and a well-cared-for home.
Year Built
2006
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
$777
HOA
$490
Days on market
-
Sold On
-
MLS number
NP25184977
Home ConditionGood
Features
Deck
ViewNeighborhood

About this home

Welcome to 1430 Scholarship—a light-filled home with soaring cathedral ceilings and an open-concept design in the highly desirable Avenue One community of Irvine. This spacious 1-bedroom, 1-bath condo with a versatile mezzanine-style loft featuring bamboo flooring is perfect for a second sleeping area, home office, or creative retreat. Perched on the 4th floor, the residence offers approximately 895 sq. ft. of stylish living space, including a private patio ideal for entertaining or unwinding. You’ll enjoy two assigned parking spaces in the secured garage plus a private storage unit conveniently located just down the hall. The meticulously maintained kitchen boasts wood cabinetry, granite countertops, a four-burner gas cooktop, stainless steel appliances, built-in microwave, dishwasher, and a breakfast bar overlooking the great room. A recently replaced in-unit stacked washer and dryer adds to the convenience. The location is unbeatable—just minutes to John Wayne Airport, Fashion Island, world-class shopping, dining, and quick access to major freeways. Resort-style amenities include on-site property management, elevators, a clubhouse for parties and events, pool and spa, BBQ area, conference room, indoor basketball courts, fitness center, children’s play area, package lockers, and more.

Nearby schools

4/10
Monroe Elementary School
Public,•K-5•3.2mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.0mi
3/10
Century High School
Public,•9-12•4.3mi
Condition Rating
Good
Built in 2006, this condo is 18 years old and falls within the 'Good' condition criteria. The property is move-in ready with no immediate renovations required. The kitchen features meticulously maintained wood cabinetry, granite countertops, and stainless steel appliances, all in good working order. The bathroom also presents well with dark wood vanity and granite, consistent with the property's age and good upkeep. Flooring is a mix of carpet, hardwood, and tile, all appearing clean and well-maintained. While some styles reflect its 2006 build, there are no signs of significant wear, tear, or deferred maintenance, indicating functional systems and a well-cared-for home.
Pros & Cons

Pros

Versatile Living Space: The mezzanine-style loft with bamboo flooring offers significant flexibility, serving as a second sleeping area, home office, or creative retreat, maximizing the utility of the 1-bedroom layout.
Premium Location & Accessibility: Situated in the highly desirable Avenue One community, the property boasts unbeatable proximity to John Wayne Airport, Fashion Island, world-class shopping, dining, and major freeways, appealing to a wide range of buyers seeking convenience.
Resort-Style Community Amenities: Residents benefit from an extensive array of amenities including a pool, spa, fitness center, indoor basketball courts, clubhouse, and more, providing a luxurious and convenient lifestyle.
Modern & Well-Maintained Interior: Features such as soaring cathedral ceilings, an open-concept design, a meticulously maintained kitchen with granite countertops and stainless steel appliances, and a recently replaced in-unit washer/dryer enhance the property's appeal and move-in readiness.
Convenient Parking & Storage: The inclusion of two assigned parking spaces in a secured garage and a private storage unit conveniently located down the hall adds significant value and practical convenience for residents.

Cons

High Association Fees: The monthly association fee of $490.0 is relatively high for an 895 sq. ft. 1-bedroom, 1-bath condo, which could impact affordability and long-term ownership costs for potential buyers.
Limited Bedroom Count: As a 1-bedroom, 1-bath unit, even with a versatile loft, the property may appeal to a more limited buyer pool, primarily singles or couples, potentially affecting its marketability compared to units with more private bedrooms.
Absence of Explicit Cooling System: The property description does not explicitly mention a central air conditioning system, which could be a significant consideration for comfort during warmer months in Irvine, potentially requiring further investigation or installation.

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