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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:
Prime Irvine Location: Situated in the heart of Irvine, offering convenient access to shopping, dining, parks, UCI, and John Wayne Airport, enhancing its desirability and potential for appreciation.
Top Cons:
High Monthly HOA Fee: The $742 monthly association fee is substantial and could be a significant ongoing expense for potential buyers, impacting overall affordability.

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: Built in 2006, this penthouse unit is 18 years old, falling within the 'Good' category's age range. The property benefits from recent cosmetic updates including new paint, new carpet, and new window coverings, making it move-in ready. The kitchen features dark wood cabinetry, granite countertops, and stainless steel appliances, which are well-maintained and functional, though their style reflects the original build year rather than a recent renovation. Similarly, the bathrooms are clean and functional with matching cabinetry and granite. While not extensively renovated to a modern aesthetic, all major systems appear to be in good working order with minimal wear and tear, requiring no immediate updates.
Year Built
2006
Close
-
List price
$1.01M
Original List price
$1.01M
Price/Sqft
$629
HOA
$742
Days on market
-
Sold On
-
MLS number
OC25096147
Home ConditionGood
Features
Deck
ViewNeighborhood

About this home

PRICED TO SELL!! 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 makes 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 or make that your third bedroom. 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
Built in 2006, this penthouse unit is 18 years old, falling within the 'Good' category's age range. The property benefits from recent cosmetic updates including new paint, new carpet, and new window coverings, making it move-in ready. The kitchen features dark wood cabinetry, granite countertops, and stainless steel appliances, which are well-maintained and functional, though their style reflects the original build year rather than a recent renovation. Similarly, the bathrooms are clean and functional with matching cabinetry and granite. While not extensively renovated to a modern aesthetic, all major systems appear to be in good working order with minimal wear and tear, requiring no immediate updates.
Pros & Cons

Pros

Prime Irvine Location: Situated in the heart of Irvine, offering convenient access to shopping, dining, parks, UCI, and John Wayne Airport, enhancing its desirability and potential for appreciation.
Extensive Community Amenities: The Avenue One community boasts a Jr. Olympic pool, jacuzzi, fitness center, basketball court, outdoor grills, picnic area, and putting green, providing a resort-like living experience.
Penthouse Corner Unit Appeal: As a top-floor corner penthouse unit, it features soaring cathedral ceilings, a bright and airy atmosphere, and abundant natural light, creating a premium living environment.
Flexible Living Space & Recent Upgrades: The upstairs loft offers versatility as an office or potential third bedroom, complemented by recent updates including new paint, carpet, and window coverings, making it move-in ready.
Practical Inclusions & Financial Benefits: Includes two side-by-side parking spaces, a separate oversized storage unit, convenient in-unit laundry, and benefits from no Mello-Roos and a reasonable property tax rate.

Cons

High Monthly HOA Fee: The $742 monthly association fee is substantial and could be a significant ongoing expense for potential buyers, impacting overall affordability.
Average School Ratings: While decent, the assigned schools (Monroe Elementary, McFadden Intermediate, Century High) have ratings of 3-4, which may not meet the expectations of buyers prioritizing top-tier school districts in Irvine.
Limited View: Despite being a penthouse unit, the listed 'Neighborhood' view may not offer the expansive or scenic vistas that some buyers might expect from a top-floor condominium.

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