101 Scholz Unit 120, Newport Beach, CA 92663

$950,000
2
BD
2
BA
1,295
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$950,000
List Price
$1,059,000
Closing Date
Oct 24, 2025
Status
CLOSED
MLS#
OC25185842
Year Built
1971
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,295
Lot Size
258,727
Acres
5.94
Days on Market
15
Property Type
Condo
Property Sub Type
Condominium
Stories
One Level
Neighborhood
Versailles (Vers)

Property Description

On the market for the first time in nearly 50 years, this 2 bedroom, 2 bath home in the gated Versailles community offers one of the most desirable locations in the 101 building. Positioned at its center, the home enjoys sweeping views of the ocean, harbor, Catalina, and city lights from nearly every room. A private balcony off the living room welcomes refreshing ocean breezes, with a cozy fireplace that adds warmth and charm to the interior. The open floor plan features a spacious living and dining area connected to the kitchen, complemented by new faux-wood flooring throughout the home. Recent improvements include smooth ceilings in most rooms, updated wall finishes, upgraded door hardware, and a remodeled primary bath water closet. The majority of the home reflects meaningful updates while offering the perfect opportunity to design a personalized coastal retreat. Resort-style amenities including a pool, spa, clubhouse, fitness center, and sauna enhance the lifestyle. Just minutes from Balboa Peninsula’s beaches, shops, and dining, this rare offering combines location, views, and potential in one.

Additional Information

HOA
619
Frequency
Monthly
Association Amenities
Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Game Room, Meeting Room, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Recreation Room, Sauna, Spa/Hot Tub, Security
Pool Description
Community, Association
Fireplace Description
Family Room
Cooling Description
None
View
Bay, Catalina, City Lights, Coastline, Ocean, Panoramic
Garage Spaces Total
2
Sewer
Public Sewer
School District
Newport Mesa Unified
Interior Features
Balcony, Eat-in Kitchen, Open Floorplan, Bar, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite
Attached Structure
Attached
Number Of Units Total
255

Listing courtesy of Listing Agent: Dick Hamparsumian (dick@cooperonefourteen.com) from Listing Office: Cooper One Fourteen.

Listing sold by Dick Hamparsumian from Cooper One Fourteen

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.