5124 Scholarship 1007, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath

5124 Scholarship 1007, Irvine, California 92612 home-pic-0
ACTIVE$2,199,000
5124 Scholarship 1007, Irvine, California 92612
2Beds
3Baths
2,052Sqft
49,632Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: The property boasts remarkable 180-degree views, including city lights, Saddleback Mountain, Irvine Spectrum, San Joaquin Wetlands, Turtle Rock, UCI, Newport Beach, Fashion Island, Catalina Island, and Palos Verdes Peninsula.
Top Cons:
High Association Fee: The monthly association fee is $1,802.0, which may be a deterrent for some buyers.

Compared to the nearby listings

Price:$2.20M vs avg $985.0K (+$1,214,000)93%
Size:2,052 sqft vs avg 1,447 sqft82%
Price/sqft:$1.1K vs avg $75193%

More Insights

Built in 2007 (18 years old).
Condition: The property was built in 2007 and features high-end upgrades like marble flooring, granite countertops, and Viking appliances. The bathrooms have a spa tub and dual vanity. While the finishes are high-quality, the style is slightly dated, preventing an 'excellent' rating. Overall, the property appears well-maintained and move-in ready.
Year Built
2007
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,072
HOA
$1,802
Days on market
-
Sold On
-
MLS number
OC25146673
Home ConditionGood
Features
Excellent View: City Lights, Hills, Ocean, Pool
Deck
Pool
Spa
ViewCity Lights,Hills,Ocean,Pool

About this home

luxurious single-level penthouse-style home located on the 12th floor of Plaza Irvine, featuring remarkable 180-degree views with a South-facing orientation. The 2,000 sq ft modern residence offers sweeping sit-down city light views from Saddleback Mountain, Irvine Spectrum, San Joaquin Wetlands, Turtle Rock, and UCI in the East to sunset and coastal views of Newport Beach, Fashion Island, Catalina Island, and Palos Verdes Peninsula in the West. The home includes high-end upgrades such as marble flooring, granite countertops, Viking appliances, Lutron automated shades and lighting, a large master suite with coastal views, a walk-in closet, walk-in shower, spa tub, water closet, dual vanity, a full-size laundry room with built-in cabinetry, and a guest room with an ensuite bath. Additional features include convenient side-by-side parking and an oversized storage unit. The community offers luxurious amenities, including concierge service, a 5,000 sq ft fitness center with a yoga room, two club rooms, two sports rooms, two conference centers, a business center, and an impressive guest lobby. The location borders Newport Beach and Irvine, providing easy access to world-famous beaches, world-class shopping, and John Wayne Airport.

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

The property was built in 2007 and features high-end upgrades like marble flooring, granite countertops, and Viking appliances. The bathrooms have a spa tub and dual vanity. While the finishes are high-quality, the style is slightly dated, preventing an 'excellent' rating. Overall, the property appears well-maintained and move-in ready.
Pros & Cons

Pros

Panoramic Views: The property boasts remarkable 180-degree views, including city lights, Saddleback Mountain, Irvine Spectrum, San Joaquin Wetlands, Turtle Rock, UCI, Newport Beach, Fashion Island, Catalina Island, and Palos Verdes Peninsula.
High-End Upgrades: Features marble flooring, granite countertops, Viking appliances, and Lutron automated shades and lighting.
Luxurious Amenities: The community offers concierge service, a 5,000 sq ft fitness center with a yoga room, club rooms, sports rooms, conference centers, and a business center.
Prime Location: Located in Irvine, bordering Newport Beach, with easy access to beaches, shopping, and John Wayne Airport.
Spacious Layout: The penthouse-style home offers 2,052 sq ft of living space with two bedrooms and three bathrooms, including a large master suite.

Cons

High Association Fee: The monthly association fee is $1,802.0, which may be a deterrent for some buyers.
Condominium Living: Some buyers may prefer the privacy and space of a single-family home over condominium living.
Limited Outdoor Space: While the unit is spacious, it lacks a private yard or substantial outdoor living area.

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