Scholz PZ #205 Lot 1
Newport Beach, CA, 92663
$749,000
1 Beds
1 Baths
565 SqFt
0 Acres
Add
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A 3.625% interest rate. Yes. How would you like to buy this condo with a low starting interest rate of 3.625%? The seller is contributing to a 3-2-1 buydown program, giving you a first-year rate as low as 3.625%. Don’t miss this opportunity to save big on your mortgage payments. Welcome to your dream home in Newport Beach’s resort-style gated community. This newly remodeled gem is ideally situated for quintessential Newport Beach living, just a short stroll away from the beach, restaurants, Lido Village, 17th Street, art and culture, world-class surfing, fishing, swimming, and aquatic sports activities. Here, you’ll enjoy endless entertainment options, from annual festivals, tournaments, shows, and boat parades. As you step inside, you’ll be greeted by an open floor plan with abundant lighting, high-end designer touches, brand new tile floors, new European cabinetry, and modern hardware. The living room is the heart of the living space and leads to a private balcony with fresh ocean breezes, perfect for entertaining guests or just relaxing with your favorite drink. The community of Versailles is known for its resort-style living, boasting highly secure buildings, a large swimming pool, Jacuzzi, a beautiful clubhouse, fitness room, gated underground parking, an elevator, and extra storage. The HOA pays for water, trash, and sewer, so you can relax and enjoy all the amenities without worrying about the details. The property also features SMART HOME technology, allowing you to control the lighting with a simple smartphone app, as well as Wi-Fi connectivity for the washer/dryer for easy operation and maintenance. For those looking for an investment opportunity, this is where resort-style living meets lucrative investment potential. This newly remodeled gem is not just a residence; it’s a smart financial move. Ideally situated near the beach and Hoag Hospital, this property has proven itself as an exceptional investment, consistently generating high rental income. Don’t miss out on this fantastic opportunity. Schedule a viewing today!

Property Details

Price:
$749,000
MLS #:
SR25193558
Status:
A
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Versailles VERS
Neighborhood:
n6
Listed Date:
Oct 3, 2025
Finished Sq Ft:
565
Year Built:
1971
Parking TotalN6N6Versailles VersNewport Mesa Unified

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Schools

School District:
Newport Mesa Unified

Interior

Appliances
DW, MW, RF, TC, ER, WHU
Bathrooms
1 Full Bathroom
Cooling
NO
Flooring
TILE
Heating
ELC
Laundry Features
IN

Exterior

Community Features
SDW, SL, PARK, FISH, WATE, BIKI
Parking Spots
1
Security Features
_24HR, FSDS, FRDW, FS, GC

Financial

HOA Fee
$505
HOA Frequency
MO

Map

Community

Subdivisions in Newport Beach

Market Summary

Current real estate data for Condo in Newport Beach as of Oct 31, 2025
26
Condo Listed
29
Avg DOM
1,387
Avg $ / SqFt
$1,961,534
Avg List Price

Property Summary

    Located in the Versailles (VERS) subdivision, Scholz PZ #205 Lot 1 Newport Beach CA is a Condo for sale in Newport Beach, CA, 92663. It is listed for $749,000 and features 1 beds, 1 baths, and has approximately 565 square feet of living space, and was originally constructed in 1971. The current price per square foot is $1,326. The average price per square foot for Condo listings in Newport Beach is $1,387. The average listing price for Condo in Newport Beach is $1,961,534.

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