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102 Scholz Plaza 34, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$995,000
102 Scholz Plaza 34, Newport Beach, California 92663
2Beds
2Baths
1,155Sqft
258,727Lot
Year Built
1971
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
-
HOA
$606.16
Days on market
-
Sold On
-
MLS number
OC25217094
Home ConditionGood
Features
Good View: Ocean
ViewOcean

About this home

Located in "Versailles on the Bluffs at Newport”. Enjoy a desirable resort-like lifestyle from this ocean view top-floor unit in a lovely gated community, ideally situated just four blocks to the beach and just east of Pacific Coast Highway. The 2 bedroom suites are on opposite sides of the living room. The gated community has access codes required to enter both grounds and building for added security. Enjoy all the fabulous amenities the Versailles community has to offer: Beautiful pool, spa, sauna, exercise rooms, BBQ’s and a clubhouse with kitchen for socializing with guests. Located conveniently close to Hoag Hospital, Balboa Island, Lido Island, Fashion Island, theaters, restaurants and shopping and the most beautiful beaches in Southern CA. Other amenities include storage cabinet in garage, on floor trash chutes, bike cage in garage, and onsite laundry. Water & trash are included. Sale is subject to an existing lease ending 1/31/2026.

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
09/14/25
Listing
$995,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds22
50%
Baths22
50%
Square foot1,1551,310
33%
Lot Size258,727103,811
62%
Price$995K$1.1M
46%
Price per square foot$861$861
50%
Built year19711979
21%
HOA$606.16$600
0%
Days on market52161
8%
Condition Rating
Good
Despite being built in 1971, the property appears to have undergone significant recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker-style cabinets, stainless steel appliances (including a microwave, range, and refrigerator), and updated countertops and backsplash. The bathrooms also show modern vanities, countertops, and fixtures. The flooring throughout the living areas and wet areas has been updated to a contemporary style (laminate/engineered wood and tile). These updates make the property move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria, suggesting renovations within the last 5-15 years.
Pros & Cons

Pros

Prime Coastal Location: Situated in Newport Beach, just four blocks from the beach and east of Pacific Coast Highway, offering convenient access to Balboa Island, Lido Island, Fashion Island, and various amenities.
Ocean View & Top Floor: As a top-floor unit, it provides desirable ocean views, enhancing its appeal and offering increased privacy.
Extensive Community Amenities: The Versailles community offers a resort-like lifestyle with a beautiful pool, spa, sauna, exercise rooms, BBQs, clubhouse, storage, bike cage, and onsite laundry.
Enhanced Security: Located within a gated community with access codes required for both grounds and building entry, ensuring a secure living environment.
Functional Layout: The unit features two bedroom suites strategically placed on opposite sides of the living room, providing optimal privacy for residents.

Cons

Existing Lease Obligation: The sale is subject to an existing lease ending January 31, 2026, which restricts immediate owner occupancy and may limit the buyer pool to investors.
High Association Fees: The monthly association fee of $606.16 is substantial and adds significantly to the overall cost of ownership, impacting affordability.
Age of Building: Built in 1971, the property is over 50 years old, which may suggest older infrastructure, potential for deferred maintenance, or a need for modern updates.

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