8049 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath
ACTIVE$1,799,000
8049 Scholarship, Irvine, California 92612
2Beds
3Baths
1,847Sqft
95,173Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Panoramic Views: Offers wide, unobstructed panoramic views of the nature preserve, cityscape, and city lights from multiple rooms, a significant premium feature.
Top Cons:
Exceptionally High Association Fees: The monthly association fee of $1,832 is very high, significantly increasing the total cost of ownership and potentially limiting the buyer pool.
Compared to the nearby listings
Price:$1.80M vs avg $985.0K (+$814,000)90%
Size:1,847 sqft vs avg 1,447 sqft78%
Price/sqft:$974 vs avg $75191%
More Insights
Built in 2007 (18 years old).
Condition: Built in 2007, this luxury condominium is 17 years old, falling within the 'Good' category's age range (10-20 years). The images show a meticulously maintained property with high-end finishes throughout, including dark hardwood floors, large format tiles, and clean carpets. The kitchen features well-preserved dark wood cabinetry, dark granite countertops, and integrated, high-quality appliances, all in excellent functional and aesthetic condition, requiring no immediate updates. Light fixtures are modern recessed lighting. The overall condition is move-in ready with minimal wear and tear, consistent with a well-maintained luxury building and its amenities.
Year Built
2007
Close
-
List price
$1.8M
Original List price
$1.88M
Price/Sqft
$974
HOA
$1,832
Days on market
-
Sold On
-
MLS number
25555559
Home ConditionGood
Features
Excellent View: City Lights, Park/Greenbelt, Panoramic
Deck
Pool
ViewCity Lights,Park/Greenbelt,Panoramic
About this home
Located in a sleek and modern luxury condominium, this home is one of the most desirable south-facing corner units in the prestigious 8000 building of The Plaza-Irvine. Perfectly positioned within the community, it features expansive floor-to-ceiling windows that flood the space with natural light and invite in refreshing coastal breezes throughout the day. The unique corner layout offers wide, unobstructed panoramic views of the surrounding nature preserve and cityscape, which can be enjoyed from the living room, dining area, master suite, and guest bedroom. With its rare combination of privacy, breathtaking scenery, and thoughtful design, this residence offers an elevated lifestyle in one of Irvine's most exclusive communities.
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•3.4mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.0mi
3/10
Century High School
Public,•9-12•4.4mi
Condition Rating
Good
Built in 2007, this luxury condominium is 17 years old, falling within the 'Good' category's age range (10-20 years). The images show a meticulously maintained property with high-end finishes throughout, including dark hardwood floors, large format tiles, and clean carpets. The kitchen features well-preserved dark wood cabinetry, dark granite countertops, and integrated, high-quality appliances, all in excellent functional and aesthetic condition, requiring no immediate updates. Light fixtures are modern recessed lighting. The overall condition is move-in ready with minimal wear and tear, consistent with a well-maintained luxury building and its amenities.
Pros & Cons
Pros
Panoramic Views: Offers wide, unobstructed panoramic views of the nature preserve, cityscape, and city lights from multiple rooms, a significant premium feature.
Exclusive & Prestigious Location: Situated in The Plaza-Irvine, one of Irvine's most exclusive and prestigious communities, known for its desirable lifestyle and amenities.
Desirable Corner Unit with Abundant Natural Light: A highly sought-after south-facing corner unit featuring expansive floor-to-ceiling windows, maximizing natural light and coastal breezes.
Modern Luxury Design & Condition: A sleek, modern luxury condominium built in 2007, showcasing thoughtful design and contemporary finishes.
Enhanced Privacy: The unique corner layout provides a rare combination of privacy, a key advantage over typical condominium units.
Cons
Exceptionally High Association Fees: The monthly association fee of $1,832 is very high, significantly increasing the total cost of ownership and potentially limiting the buyer pool.
Condominium Ownership Constraints: As a condominium, the property comes with shared walls, potential noise considerations, and limited private outdoor space, which may not appeal to all buyers.
Recent Price Reduction: The property has undergone a recent price reduction from its original list price, which could suggest an initial overvaluation or a slower market response.