8050 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath

8050 Scholarship, Irvine, California 92612 home-pic-0

8050 Scholarship

Irvine, California 92612

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

Property Price

LIST PRICE$1,550,000

SUMMARY

Analysis of 8050 Scholarship, Irvine, California 92612 is currently available with a list price of $1,550,000. 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 property falls within the 10-20 year age bracket for a 'good' rating. The unit is move-in ready and features high-quality finishes including granite countertops, custom wood cabinetry, and premium stainless steel appliances. The hardwood flooring, recessed lighting, and remote-controlled window treatments are well-maintained with minimal wear, though the overall style reflects its original construction era rather than a recent full renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Resort-Style Amenities

    The Plaza offers a comprehensive luxury lifestyle with a 24-hour concierge, two pools, a full gym, sauna, and a club lounge, providing a high-end living experience.

  • Spacious Modern Layout

    With 1,847 sq. ft. of living space, this residence features a desirable open floor plan, two full ensuite bedrooms, and a rare guest powder room for added convenience.

  • Premium Interior Finishes

    The unit is appointed with high-end granite countertops, custom cabinetry, top-of-the-line appliances, and remote-controlled window coverings, ensuring a move-in-ready aesthetic.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Fees

    The association fee of $1,850 per month is substantial and may impact the overall affordability and debt-to-income ratios for potential buyers.

  • Downward Price Trend

    The property has undergone multiple price reductions from an original $1.85M to $1.55M, which may indicate a disconnect between initial expectations and current market demand.

  • School District Ratings

    The assigned local schools currently hold lower ratings (3-4 range), which could be a drawback for families prioritizing top-tier educational performance.

About 8050 Scholarship

Luxurious High-Rise Living in Irvine. Experience the epitome of comfort and sophistication in this stunning 1,847 sq. ft. residence. Perched on the 5th floor with serene views overlooking the lap pool, you can enjoy spectacular sunsets from the spacious wrap-around balcony. Wide sliding glass windows frame the living area, complete with remote-controlled window coverings. A gas fireplace sets the tone for quiet relaxation. Step into a beautifully appointed kitchen featuring warm wood tones, granite countertops, upgraded custom cabinets, and top-of-the-line appliances. The welcoming entryway leads to a convenient guest powder room. With a contemporary palette and rich finishes, this home complements any décor. Two elegantly designed ensuite bedrooms boast luxurious bathrooms and ample storage. Additional amenities include two reserved underground parking spaces and a large storage unit in the basement. The Plaza Irvine community offers exceptional amenities, from shops and restaurants on-site to a 24-hour concierge providing convenience and security at the door. Relax and entertain by one of the two pools, stay active in the full gym, or unwind in the sauna. Socialize in the game room or use one of the two conference rooms, or plan a party in the club lounge complete with a kitchen and bar. Ideally located, this urban oasis is moments away from parks, fine dining, shopping, and cultural attractions, including the art center and nearby golf courses. With just a 5-minute drive to John Wayne Airport and easy freeway access, this home is perfectly situated. Don’t miss this opportunity to live in one of Irvine’s most sought-after luxury residences—schedule your viewing today!

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
$1850.0 / 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$1.55M$980.0K
88%
Price per sq ft$839$747
72%
Built year20072003
71%
HOA$1850.0$588
97%
Days on market351170
0%

Pricing History

Listed for Sale

Nov 27, 2025

$1,550,000

$1,575,000

-2% Price Drop

Initial Listing

Price Change

Oct 27, 2025

$1,575,000

$1,620,000

-3% Price Drop

Initial Listing

Price Change

Sep 25, 2025

$1,620,000

$1,675,000

-3% Price Drop

Initial Listing

Price Change

Aug 22, 2025

$1,675,000

$1,725,000

-3% Price Drop

Initial Listing

Price Change

Aug 7, 2025

$1,725,000

$1,750,000

-1% Price Drop

Initial Listing

Price Change

Aug 2, 2025

$1,750,000

Initial Listing

Price Change

Mar 22, 2025

$1,850,000

Initial Listing

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