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

8050 Scholarship, Irvine, California 92612 home-pic-0
ACTIVE UNDER CONTRACT$1,550,000
8050 Scholarship, Irvine, California 92612
2Beds
3Baths
1,847Sqft
95,173Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Community Amenities: The Plaza Irvine offers a luxurious lifestyle with on-site shops, restaurants, 24-hour concierge, two pools, a full gym, sauna, game room, conference rooms, and a club lounge with kitchen and bar.
Top Cons:
High Monthly Association Fee: The property carries a substantial monthly association fee of $1,850.00, which significantly adds to the overall cost of ownership.

Compared to the nearby listings

Price:$1.55M vs avg $985.0K (+$565,000)78%
Size:1,847 sqft vs avg 1,447 sqft78%
Price/sqft:$839 vs avg $75169%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old, fitting within the 'Good' category's age range. The kitchen features high-end, integrated appliances, warm wood cabinetry, and granite countertops, all in excellent condition with a contemporary style. The bathrooms are equally luxurious, boasting double vanities, modern fixtures, and a jetted tub. Hardwood floors throughout the living areas and clean carpets in the bedrooms indicate meticulous maintenance. While not newly built or recently fully renovated, the property's original high-quality finishes and apparent upkeep make it move-in ready with no immediate updates required, placing it at the high end of the 'Good' condition.
Year Built
2007
Close
-
List price
$1.55M
Original List price
$1.85M
Price/Sqft
$839
HOA
$1,850
Days on market
-
Sold On
-
MLS number
NP25062711
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Pool
Spa
ViewCity Lights,Neighborhood

About this home

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!

Nearby schools

4/10
Monroe Elementary School
Public,K-53.4mi
3/10
Mcfadden Intermediate School
Public,6-84.0mi
3/10
Century High School
Public,9-124.4mi
Condition Rating
Good

Built in 2007, this property is 17 years old, fitting within the 'Good' category's age range. The kitchen features high-end, integrated appliances, warm wood cabinetry, and granite countertops, all in excellent condition with a contemporary style. The bathrooms are equally luxurious, boasting double vanities, modern fixtures, and a jetted tub. Hardwood floors throughout the living areas and clean carpets in the bedrooms indicate meticulous maintenance. While not newly built or recently fully renovated, the property's original high-quality finishes and apparent upkeep make it move-in ready with no immediate updates required, placing it at the high end of the 'Good' condition.
Pros & Cons

Pros

Exceptional Community Amenities: The Plaza Irvine offers a luxurious lifestyle with on-site shops, restaurants, 24-hour concierge, two pools, a full gym, sauna, game room, conference rooms, and a club lounge with kitchen and bar.
Prime Location & Accessibility: Ideally situated moments from parks, fine dining, shopping, and cultural attractions, with a 5-minute drive to John Wayne Airport and easy freeway access.
Luxurious Interior Finishes: Features a beautifully appointed kitchen with granite countertops, upgraded custom cabinets, top-of-the-line appliances, and two elegantly designed ensuite bedrooms with luxurious bathrooms.
Valuable Inclusions: Includes two reserved underground parking spaces and a large storage unit in the basement, adding significant convenience and value.
Desirable Views & Outdoor Space: Perched on the 5th floor, the residence offers serene views overlooking the lap pool and spectacular sunsets from a spacious wrap-around balcony.

Cons

High Monthly Association Fee: The property carries a substantial monthly association fee of $1,850.00, which significantly adds to the overall cost of ownership.
Significant Price Reductions: The listing has undergone multiple price reductions from its original $1.85M to $1.55M, indicating potential market resistance or initial overpricing.
Lack of Mentioned Cooling System: The description highlights a gas fireplace but makes no mention of a cooling system (e.g., air conditioning), which could be a significant drawback in Irvine's climate.

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