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1446 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath

1446 Scholarship, Irvine, California 92612 home-pic-0
ACTIVE$1,010,000
1446 Scholarship, Irvine, California 92612
2Beds
2Baths
1,605Sqft
134,548Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Penthouse & Corner Unit Advantages: As a top-floor, corner penthouse unit, it boasts soaring cathedral ceilings, a bright and airy atmosphere, and abundant natural light, enhancing its spaciousness and appeal.
Top Cons:
Significant Price Reduction: The 'Huge price reduction' and seller's urgency to 'SOLD now' may suggest previous overpricing or market resistance, potentially raising questions for buyers.

Compared to the nearby listings

Price:$1.01M vs avg $985.0K (+$25,000)54%
Size:1,605 sqft vs avg 1,447 sqft67%
Price/sqft:$629 vs avg $7497%

More Insights

Built in 2006 (19 years old).
Condition: This penthouse condo, built in 2006, is 18 years old, fitting within the '10 to 20 years' criteria for a 'Good' rating. The listing explicitly states 'New paint, new carpet and new window coverings,' indicating recent cosmetic updates that make the unit move-in ready. While the kitchen and bathrooms appear to be original to the 2006 build or have had minor updates, they are well-maintained, functional, and do not require immediate renovation. The kitchen features dark wood cabinetry, granite countertops, and stainless steel appliances, consistent with a well-kept property of its age. The bathrooms are clean and functional with standard fixtures. Overall, the property is in good condition with minimal wear and tear, and major systems are presumed functional.
Year Built
2006
Close
-
List price
$1.01M
Original List price
$1.24M
Price/Sqft
$629
HOA
$742
Days on market
-
Sold On
-
MLS number
OC25023409
Home ConditionGood
Features
ViewNeighborhood

About this home

Huge price reduction. Seller wants it SOLD now. Penthouse Condo on the top floor, a corner unit with soaring cathedral ceilings. The bright and airy atmosphere, coupled with high ceilings and natural light, really make this unit stand out. The open-concept kitchen and convenient in-unit laundry setup are definitely highlights, not to mention the spacious bedrooms with its walk-in closet and patio access. Upstairs loft allows you to have your in-house office to enjoy work from home comfort. It comes with two side-by-side parking spaces and a separate oversized storage unit. New paint, new carpet and new window coverings add elegance to this spacious Condo. The community amenities sound fantastic—having a Jr. Olympic pool, jacuzzi, fitness center, and even a basketball court adds so much value to the property. Plus, the location in the heart of Irvine means you're close to everything—shopping, dining, parks, UCI, and even John Wayne Airport. It seems like the perfect place for someone who wants luxury living with easy access to all the essentials! Avenue One also has outdoor grills, picnic area and putting green. Reasonable HOA fee and property tax rate with no Mellow Roos.

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
This penthouse condo, built in 2006, is 18 years old, fitting within the '10 to 20 years' criteria for a 'Good' rating. The listing explicitly states 'New paint, new carpet and new window coverings,' indicating recent cosmetic updates that make the unit move-in ready. While the kitchen and bathrooms appear to be original to the 2006 build or have had minor updates, they are well-maintained, functional, and do not require immediate renovation. The kitchen features dark wood cabinetry, granite countertops, and stainless steel appliances, consistent with a well-kept property of its age. The bathrooms are clean and functional with standard fixtures. Overall, the property is in good condition with minimal wear and tear, and major systems are presumed functional.
Pros & Cons

Pros

Penthouse & Corner Unit Advantages: As a top-floor, corner penthouse unit, it boasts soaring cathedral ceilings, a bright and airy atmosphere, and abundant natural light, enhancing its spaciousness and appeal.
Extensive Community Amenities: The community offers a Jr. Olympic pool, jacuzzi, fitness center, basketball court, outdoor grills, picnic area, and putting green, providing a resort-like living experience.
Prime Irvine Location: Situated in the heart of Irvine, the property offers exceptional convenience with close proximity to shopping, dining, parks, UCI, and John Wayne Airport.
Recent Interior Upgrades: The unit features new paint, new carpet, and new window coverings, presenting a fresh, move-in ready condition for prospective buyers.
Functional Condo Features: Includes an open-concept kitchen, in-unit laundry, spacious bedrooms with walk-in closet and patio access, an upstairs loft ideal for a home office, two side-by-side parking spaces, and a separate oversized storage unit.

Cons

Significant Price Reduction: The 'Huge price reduction' and seller's urgency to 'SOLD now' may suggest previous overpricing or market resistance, potentially raising questions for buyers.
Standard Neighborhood View: Despite being a penthouse, the 'Neighborhood' view is less premium than panoramic city, ocean, or mountain views, which some buyers might expect from a top-floor unit in this price range.
High Monthly HOA Fee: The association fee of $742.0 per month, while covering extensive amenities, represents a substantial ongoing cost that could be a deterrent for some buyers.

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