101 Scholz Unit 225, Newport Beach, CA 92663

$525,000
1
BD
1
BA
504
SqFt

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Sold Price
$525,000
List Price
$529,000
Closing Date
Aug 27, 2026
MLS#
OC26077629
Status
CLOSED
County
Orange
City
Newport Beach
Subdivision
Versailles (Vers)
Bedrooms
1
Bathrooms
1
Living Area
504
Acres
5.94

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.

Additional Information

Days on Market
123
Year Built
1971
Stories
One Level
Interior Features
Balcony, Ceiling Fan(s), Elevator, Open Floorplan, Walk-In Closet(s)
Fireplace Description
Electric, Living Room
Heating
Radiant
Roof
Common Roof
Pool Description
Heated, In Ground, Association
Garage Spaces
1
Parking Spaces
1
School District
Newport Mesa Unified

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Peggy Aldinger (peggyaldinger@aol.com) from Listing Office: Pacific Cove Realty and Loan.

Listing sold by Peggy Aldinger from Pacific Cove Realty and Loan

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.