5082 Scholarship, Irvine, California 92612, Irvine, - bed, bath

home-pic
ACTIVE$1,015,000
5082 Scholarship, Irvine, California 92612
1Bed
2Baths
1,349Sqft
Lot
Year Built
2007
Close
-
List price
$1.01M
Original List price
$1.01M
Price/Sqft
-
HOA
$1,478.52
Days on market
-
Sold On
-
MLS number
OC25044374
Home ConditionGood
Features
Good View: City Lights, Mountain(s)
Pool
ViewCity Lights,Mountain(s)

About this home

Welcome to THE PLAZA, Irvine – the epitome of Southern California’s luxury resort-style living. This modern high-rise offers a premium living experience with 24-hour lobby attendants, concierge services, and exquisite craftsmanship throughout. Revel in breathtaking city lights and panoramic views of Saddleback Mountain from the top floor of this exceptional home. The expansive open floor plan is perfect for entertaining, showcasing stunning vistas from every angle. The gourmet kitchen is a culinary masterpiece, featuring custom Italian cabinetry, Viking appliances, and a spacious center island with seating. The large den offers versatile options for a home office, theater room, or additional guest space. The luxurious primary suite includes a spa-inspired bathroom with a soaking tub and shower, as well as a generous walk-in closet. Relax and unwind with resort-style amenities, including an infinity-edge pool, a two-lane lap pool, and poolside cabanas. Stay active in the state-of-the-art 5,000 sq. ft. fitness center, which offers yoga rooms, steam rooms, massage areas, and showers. For professional needs, THE PLAZA provides a business center, two conference rooms, and ample indoor and outdoor gathering spaces. Enjoy cozying up by the fire pit, grilling in the BBQ area, or relaxing in one of the many lounge areas. Association dues cover premium services such as cable, internet, water, trash, gas, and a dedicated concierge. The community also offers two assigned parking spaces in a gated structure, plus separate service elevators for pets, janitorial assistance, and moving. Each unit is provided a personal storage space in the parking structure, ideal for storing furniture, art, or sports equipment. Conveniently located minutes from major freeways, South Coast Plaza, Fashion Island, John Wayne Airport, Newport Coast, and a variety of fine dining and entertainment options, THE PLAZA is the epitome of Southern California’s luxury resort-style living.

Nearby schools

4/10
Monroe Elementary School
Public,K-53.3mi
3/10
Mcfadden Intermediate School
Public,6-84.0mi
3/10
Century High School
Public,9-124.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds12
25%
Baths22
50%
Square foot1,3491,441
49%
Lot Size0473,967
Price$1.01M$980K
55%
Price per square foot$752$782
47%
Built year20072006
55%
HOA$1,478.52$585
91%
Days on market249170
88%
Condition Rating
Good

The property was built in 2007. The kitchen features custom Italian cabinetry and Viking appliances, which are high-end. The bathroom has a soaking tub and shower. The unit appears well-maintained and move-in ready, but the style of the kitchen and bathroom is not the most current, so it's not 'excellent'.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking city lights and mountain views, enhancing its desirability and market value.
Luxury Amenities: Access to resort-style amenities including infinity-edge pools, a state-of-the-art fitness center, and concierge services provides a high-end living experience.
Gourmet Kitchen: The kitchen features custom Italian cabinetry and Viking appliances, appealing to discerning buyers who value high-quality finishes.
Prime Location: Conveniently located near major freeways, South Coast Plaza, Fashion Island, and John Wayne Airport, offering easy access to dining, entertainment, and transportation.
Comprehensive HOA Coverage: Association dues cover cable, internet, water, trash, and gas, simplifying monthly expenses for the homeowner.

Cons

Single Bedroom: The property only has one bedroom, which may limit its appeal to families or those needing more space.
High HOA Fees: While comprehensive, the HOA fees could be a deterrent for some buyers, impacting affordability.
Price Point: The list price of $1,015,000 may be a barrier to entry for some buyers in the Irvine market, requiring careful consideration of comparable properties.

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