5102 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath
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5102 Scholarship
Irvine, California 92612
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
2,052Sq Ft
49,658.398Lot Size
Property Price
LIST PRICE$2,295,000
EST. MARKET VALUE
$2,372,584
3% BelowMARKET VALUE
SUMMARY
This Exquisitely Reimagined Luxury Condominium is a Strong Value Opportunity, listed at $2,295,000—positioned well below the $2,372,584 Fair Market Value by 3%. This valuation gap offers $77,584 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the residence boasts a chef's kitchen, panoramic city and mountain views, and resort-style amenities. While located in the Santa Ana Unified district, the turnkey, high-end finishes provide a sophisticated lifestyle. This is an ideal acquisition for Luxury Homebuyers or Discerning Professionals.
Estimated Market Value
$2,372,584+$77,584 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5102 Scholarship Subject 2 bd · 3 ba · 2,052 sqft · $1,156 | $2,295,000* List Price | 2 | 3 | 2,052 | $1,156 | - |
A 3105 Scholarship Sold 2 bd · 3 ba · 2,377 sqft · $1,043 · 0.0 mi | $2,480,000 | 2 | 3 | 2,377 | $1,043 | 0.0 mi |
B 5090 Scholarship Sold 3 bd · 4 ba · 2,621 sqft · $1,002 · 0.0 mi | $2,625,000 | 3 | 4 | 2,621 | $1,002 | 0.0 mi |
C 3043 Scholarship Active 2 bd · 3 ba · 1,900 sqft · $921 · 0.0 mi | $1,750,000 List Price | 2 | 3 | 1,900 | $921 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2005, the property has been 'exquisitely reimagined' with a high-end renovation likely completed within the last 5 years. The kitchen features modern waterfall-edge stone countertops and premium appliances, while the bathrooms are spa-inspired with contemporary finishes. The wide-plank flooring and designer lighting indicate a mint-condition, turnkey residence.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Designer Luxury
This exquisitely reimagined corner residence features high-end finishes, custom wine storage, and premium appliances, and is offered fully furnished for an immediate, sophisticated lifestyle.
- Panoramic Corner Views
Expansive walls of glass and a large curved balcony provide breathtaking, unobstructed views of the surrounding mountains, city lights, and the adjacent nature preserve.
- Resort-Style Amenities
Located in the prestigious Plaza community, residents enjoy elite services including a 24-hour concierge, state-of-the-art fitness center, and a luxury pool and spa.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =49658, other record lot size in square feet = 57675.
- High Carrying Costs
The monthly association fee of $1,997 is significant, which may impact the overall affordability and appeal for cost-conscious luxury buyers.
- School District Ratings
The property is situated within the Santa Ana Unified School District, which features lower-rated schools (3-4/10) compared to the neighboring top-tier Irvine Unified schools.
About 5102 Scholarship
Experience elevated luxury living at 5102 Scholarship Drive, an exquisitely reimagined corner residence in Irvine's prestigious Plaza highrise community. Showcasing sophisticated designer finishes, breathtaking panoramic views, and an exceptional indoor-outdoor living experience, this stunning residence offers an extraordinary blend of elegance, comfort and contemporary style. Expansive walls of glass flood the nearly 2,100-square-foot interior with natural light while framing sweeping views of the surrounding mountains, city lights and the nature preserve. The spectacular great room serves as the centerpiece of the residence, seamlessly integrating the living, dining, and kitchen areas into one expansive space designed for both grand entertaining and everyday luxury. At the heart of the home, a stunning chef's kitchen features waterfall-edge stone countertops, custom cabinetry, premium appliances, elegant brass accents, and an oversized island. The beautifully appointed interiors are further enhanced by designer lighting, wide-plank flooring, sophisticated wall treatments, a contemporary fireplace, and custom wine storage. An expansive curved balcony extends the great room outdoors, offering the perfect setting to enjoy Southern California's picturesque sunsets. The luxurious primary suite serves as a private sanctuary, complete with a spa-inspired bathroom, dual vanities, an oversized walk-in shower, and a beautifully customized walk-in closet. Equally impressive, the secondary bedroom offers tranquil nature preserve views and a hotel-inspired en-suite bathroom, creating a luxurious retreat for guests. Residents of The Plaza enjoy resort-style amenities including concierge services, a state-of-the-art fitness center, pool, and spa, all ideally situated moments from Newport Beach and Irvine's premier shopping, dining, and entertainment destinations. Offered fully furnished with thoughtfully curated designer pieces, this turnkey residence presents a rare opportunity to enjoy an effortlessly sophisticated lifestyle from the moment you arrive.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 49,658.398 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1997.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 3.3 mi
4/10
Mcfadden Intermediate School
Grades 6-8 • 4.0 mi
3/10
Century High School
Grades 9-12 • 4.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,052 | 1,685.105 |
| Lot Size | 49,658.398 | 42,358.594 |
| Price | $2.29M | $1.21M |
| Price per sq ft | $1.1K | $740 |
| Built year | 2005 | 2010 |
| HOA | $1997.0 | $280 |
| Days on market | 5 | 61 |
Pricing History
Listed for Sale
Oct 20, 2026
$2,295,000
Initial Listing
Sold
Jun 9, 2025
$2,022,000
Public Record
Sold
Apr 2, 2019
$1,450,000
Public Record
Sold
Jun 20, 2007
$1,315,000
Public Record