8049 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath

8049 Scholarship, Irvine, California 92612 home-pic-0

8049 Scholarship

Irvine, California 92612

ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,847Sq Ft
95,173Lot Size

Property Price

LIST PRICE$1,799,000

SUMMARY

Analysis of 8049 Scholarship, Irvine, California 92612 is currently available with a list price of $1,799,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2007, this luxury condominium is 17 years old, placing it within the 'Good' category for its age. The property is exceptionally well-maintained and move-in ready. The kitchen features high-quality dark wood cabinetry, granite countertops, and integrated stainless steel appliances that are functional and in good condition, though the style reflects its build era rather than a recent, full renovation. Bathrooms also showcase quality finishes like dark wood vanities, stone countertops, and large format tiles, with modern fixtures and a separate tub and shower in the primary bath. Flooring is a mix of dark hardwood, light tile, and carpet, all appearing clean and well-kept. While the finishes are luxurious and in excellent condition, they don't appear to have undergone an extensive, recent (within 5 years) renovation to meet the 'Excellent' criteria for being virtually new or cutting-edge contemporary.

PROSSTRENGTHS & OPPORTUNITIES

  • Prestigious Location & Community

    Situated in 'The Plaza-Irvine,' one of Irvine's 'most exclusive addresses,' this residence offers an elevated living experience within a highly sought-after community.

  • Panoramic Unobstructed Views

    The property boasts sweeping, unobstructed views of both the serene nature preserve and the vibrant city skyline, visible from the living areas, primary suite, and guest bedroom.

  • Optimal Unit Design & Natural Light

    As a coveted south-facing corner unit, it features dramatic floor-to-ceiling windows that flood the interiors with natural light and welcome refreshing coastal breezes.

CONSRISKS & DEFICIENCIES

  • High Monthly Association Fees

    The significant monthly association fee of $1,832 could be a deterrent for some buyers, impacting the overall affordability and long-term cost of ownership.

  • Average Local School Ratings

    While located in Irvine, the assigned public schools have ratings of 3 and 4, which may not meet the expectations of all buyers seeking top-tier educational opportunities.

  • Limited Private Outdoor Space

    As a condominium, the property likely offers limited private outdoor space, which could be a drawback for buyers desiring a private yard or extensive outdoor living area.

About 8049 Scholarship

Situated in the prestigious 8049 building of The Plaza-Irvine, this sleek and modern luxury residence is one of the community's most coveted south-facing corner units. Its prime position within the complex showcases dramatic floor-to-ceiling windows that bathe the interiors in natural light and welcome refreshing coastal breezes all day long. The coveted corner layout captures sweeping, unobstructed views of both the serene nature preserve and the vibrant city skylinevisible from the living and dining areas, the primary suite, and the guest bedroom. Offering an exceptional blend of privacy, stunning scenery, and sophisticated design, this home delivers an elevated living experience in one of Irvine's most exclusive addresses.

Property Details

Public Facts

Property Type
Condominium
Year Built
2007
Lot Size
95,173 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1832.0 / Month

Neighborhood Insights

Irvine Unified Schools

Monroe Elementary School

Grades K-5 • 3.4 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.02.0
71%
Square foot1,8471,441
85%
Lot Size95,17341,727
62%
Price$1.80M$980.0K
94%
Price per sq ft$974$747
95%
Built year20072003
71%
HOA$1832.0$588
97%
Days on market212169
69%

Pricing History

Listed for Sale

Aug 7, 2025

$1,799,000

Initial Listing

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