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101 Scholz #225 Newport Beach, CA 92663
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Key Details
Sold Price $525,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 504 sqft
Price per Sqft $1,041
Subdivision Versailles (Vers)
MLS Listing ID OC26077629
Sold Date 08/27/26
Bedrooms 1
Full Baths 1
Construction Status Turnkey
HOA Fees $546/mo
HOA Y/N Yes
Year Built 1971
Lot Size 5.940 Acres
Property Sub-Type Condominium
Property Description
Back on the market. Buyer couldn't perform. Cash or FHA offers only! As-Is condition. One of the lowest-priced opportunities currently available in all of Newport Beach, this beautifully updated second-floor studio is located in the highly desirable Versailles community. Overlooking a freshly landscaped courtyard with a tranquil fountain, the home offers both comfort and a serene setting.
Ideally situated just steps from the main entrance, stairway, and elevator, this unit combines convenience with privacy. Interior features include hardwood flooring, and is currently being remodeled, creating a clean and modern living space.
Versailles is perfectly positioned just a short bike ride from the stunning beaches of West Newport, making it an excellent choice for those seeking the ultimate coastal lifestyle. Whether you're a professional, a couple looking for a beach retreat, or an investor seeking a solid long-term rental, this property checks all the boxes. HOA includes water, gas and trash.
Additional highlights include a private parking space in a secure garage, a storage cabinet and plenty of guest parking in front of the unit. Residents enjoy resort-style amenities including a sparkling pool and spa, sauna, fitness center, clubhouse, and a full kitchen banquet room—ideal for entertaining.
Location
State CA
County Orange
Area N6 - Newport Heights
Rooms
Main Level Bedrooms 1
Interior
Interior Features Balcony, Ceiling Fan(s), Elevator, Open Floorplan, Walk-In Closet(s)
Heating Radiant
Cooling None
Flooring Laminate
Fireplaces Type Electric, Living Room
Fireplace Yes
Appliance Electric Cooktop, Microwave, Water Heater
Laundry Common Area
Exterior
Parking Features Assigned, Underground, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool Heated, In Ground, Association
Community Features Biking, Park, Street Lights, Suburban, Sidewalks, Gated
Amenities Available Clubhouse, Controlled Access, Gas, Maintenance Grounds, Hot Water, Management, Meeting/Banquet/Party Room, Outdoor Cooking Area, Barbecue, Pool, Pets Allowed, Sauna, Spa/Hot Tub, Security, Trash, Water
View Y/N Yes
View Courtyard, Park/Greenbelt
Roof Type Common Roof
Accessibility No Stairs
Porch Open, Patio, Terrace
Total Parking Spaces 1
Private Pool No
Building
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Schools
School District Newport Mesa Unified
Others
HOA Name Versailles HOA
HOA Fee Include Sewer
Senior Community No
Tax ID 93676170
Security Features Carbon Monoxide Detector(s),Fire Detection System,Gated Community,24 Hour Security,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing FHA
Special Listing Condition Standard
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Bought with Peggy Aldinger Pacific Cove Realty and Loan