8154 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath

ACTIVE$3,350,000
8154 Scholarship, Irvine, California 92612
2Beds
3Baths
2,131Sqft
95,173Lot
Year Built
2007
Close
-
List price
$3.35M
Original List price
$3.42M
Price/Sqft
$1,572
HOA
$1,800
Days on market
-
Sold On
-
MLS number
NP25012749
Home ConditionGood
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods
ViewCity Lights,Hills,Mountain(s),Neighborhood,Trees/Woods
About this home
We found 3 Cons,5 Pros. Rank: price - $3.35M(97th), sqft - 2131(85th), beds - 2(50th), baths - 3(66th).
Located in the premier Irvine Financial District, this Penthouse is just moments away from fine dining, world-class shopping, ideal for those seeking both luxury, accessibility and an elevated lifestyle.
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•3.4mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.0mi
3/10
Century High School
Public,•9-12•4.4mi
Condition Rating
Good
Built in 2007, this penthouse unit is 17 years old, fitting the 'Good' category's age range. The description emphasizes 'luxury' and 'modern construction,' suggesting high-quality, well-maintained finishes throughout, including the kitchen and bathrooms. While interior images are not provided, the property's status as a luxury penthouse implies it is move-in ready with minimal wear and tear, consistent with a well-maintained property of its age.
Pros & Cons
Pros
Prime Location & Accessibility: Located in the premier Irvine Financial District, offering unparalleled access to fine dining, world-class shopping, and business centers, ideal for an elevated lifestyle.
Penthouse Status & Luxury: As a penthouse unit, it signifies a premium offering within the building, catering to buyers seeking a luxurious and exclusive living experience.
Panoramic Views: The property boasts diverse and desirable views including City Lights, Hills, Mountains, Neighborhood, and Trees/Woods, enhancing its aesthetic appeal and value.
Spacious & Well-Appointed Interior: With 2131 sqft, 2 bedrooms, and 3 bathrooms, the unit offers generous living space and a favorable bath-to-bed ratio for comfortable living.
Modern Construction: Built in 2007, the property benefits from relatively modern construction standards and contemporary design, requiring less immediate maintenance than older properties.
Cons
Exorbitant Association Fees: The monthly association fee of $1800 is exceptionally high, significantly increasing the total cost of ownership and potentially deterring some buyers.
Average School Ratings & District: Located within the Santa Ana Unified School District with average school ratings (3-4), which may not meet the expectations of luxury buyers prioritizing top-tier Irvine schools.
Condominium Ownership Limitations: As a condominium, it inherently involves shared walls, potential for noise, and less autonomy over property modifications compared to a single-family residence, which might be a consideration for luxury buyers.