5082 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 2 bath

5082 Scholarship, Irvine, California 92612 home-pic-0
ACTIVE$1,015,000
5082 Scholarship, Irvine, California 92612
1Bed
2Baths
1,349Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Luxury Resort Amenities: Offers an unparalleled resort-style living experience with infinity-edge pools, a 5,000 sq. ft. state-of-the-art fitness center, business facilities, and various lounge areas.
Top Cons:
Substantial Association Fees: The monthly association fee of $1478.52 is considerably high, impacting overall housing costs and potential buyer affordability.

Compared to the nearby listings

Price:$1.01M vs avg $985.0K (+$30,000)54%
Size:1,349 sqft vs avg 1,441 sqft48%
Price/sqft:$752 vs avg $75152%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old, aligning with the 'Good' condition criteria for age. The kitchen boasts high-end Viking appliances, custom Italian cabinetry, and granite countertops, while the bathrooms feature spa-inspired designs with quality materials. All major components, including flooring (tile and carpet), light fixtures, and general finishes, appear well-maintained and in excellent functional condition, requiring no immediate renovations. While the aesthetic choices like the specific granite pattern and wood tone are not brand new, they are of high quality and do not appear dated or worn, making the property move-in ready.
Year Built
2007
Close
-
List price
$1.01M
Original List price
$1.01M
Price/Sqft
$752
HOA
$1,478.52
Days on market
-
Sold On
-
MLS number
OC25044374
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Pool
ViewCity Lights,Mountain(s)

About this home

Welcome to THE PLAZA, Irvine – the epitome of Southern California’s luxury resort-style living. This modern high-rise offers a premium living experience with 24-hour lobby attendants, concierge services, and exquisite craftsmanship throughout. Revel in breathtaking city lights and panoramic views of Saddleback Mountain from the top floor of this exceptional home. The expansive open floor plan is perfect for entertaining, showcasing stunning vistas from every angle. The gourmet kitchen is a culinary masterpiece, featuring custom Italian cabinetry, Viking appliances, and a spacious center island with seating. The large den offers versatile options for a home office, theater room, or additional guest space. The luxurious primary suite includes a spa-inspired bathroom with a soaking tub and shower, as well as a generous walk-in closet. Relax and unwind with resort-style amenities, including an infinity-edge pool, a two-lane lap pool, and poolside cabanas. Stay active in the state-of-the-art 5,000 sq. ft. fitness center, which offers yoga rooms, steam rooms, massage areas, and showers. For professional needs, THE PLAZA provides a business center, two conference rooms, and ample indoor and outdoor gathering spaces. Enjoy cozying up by the fire pit, grilling in the BBQ area, or relaxing in one of the many lounge areas. Association dues cover premium services such as cable, internet, water, trash, gas, and a dedicated concierge. The community also offers two assigned parking spaces in a gated structure, plus separate service elevators for pets, janitorial assistance, and moving. Each unit is provided a personal storage space in the parking structure, ideal for storing furniture, art, or sports equipment. Conveniently located minutes from major freeways, South Coast Plaza, Fashion Island, John Wayne Airport, Newport Coast, and a variety of fine dining and entertainment options, THE PLAZA is the epitome of Southern California’s luxury resort-style living.

Nearby schools

4/10
Monroe Elementary School
Public,K-53.3mi
3/10
Mcfadden Intermediate School
Public,6-84.0mi
3/10
Century High School
Public,9-124.4mi
Condition Rating
Good

Built in 2007, this property is 17 years old, aligning with the 'Good' condition criteria for age. The kitchen boasts high-end Viking appliances, custom Italian cabinetry, and granite countertops, while the bathrooms feature spa-inspired designs with quality materials. All major components, including flooring (tile and carpet), light fixtures, and general finishes, appear well-maintained and in excellent functional condition, requiring no immediate renovations. While the aesthetic choices like the specific granite pattern and wood tone are not brand new, they are of high quality and do not appear dated or worn, making the property move-in ready.
Pros & Cons

Pros

Luxury Resort Amenities: Offers an unparalleled resort-style living experience with infinity-edge pools, a 5,000 sq. ft. state-of-the-art fitness center, business facilities, and various lounge areas.
Breathtaking Views: Features stunning panoramic city lights and Saddleback Mountain views from its top-floor location, enhancing the living experience and property value.
Premium Interior Finishes: Boasts a gourmet kitchen with custom Italian cabinetry and Viking appliances, alongside a luxurious primary suite with a spa-inspired bathroom.
Comprehensive HOA Services: Association dues cover essential services including cable, internet, water, trash, gas, and dedicated concierge, simplifying ownership and daily living.
Prime Irvine Location: Strategically located minutes from major freeways, John Wayne Airport, upscale shopping (South Coast Plaza, Fashion Island), and fine dining.

Cons

Substantial Association Fees: The monthly association fee of $1478.52 is considerably high, impacting overall housing costs and potential buyer affordability.
Limited Bedroom Configuration: With only one bedroom, the property may not cater to buyers requiring more living space or additional rooms for family or guests.
Niche Market Appeal: High-rise luxury condominium living targets a specific demographic, potentially limiting the breadth of the buyer pool compared to more traditional housing options.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state