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:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Versailles VERS
Neighborhood:
n6
Listed Date:
Oct 2, 2025
Finished Sq Ft:
565
Year Built:
1971
See this Listing
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
- AddressScholz PZ #205 Lot 1 Newport Beach CA
- SubdivisionVersailles (VERS)
- CityNewport Beach
- CountyOrange
- Zip Code92663
Subdivisions in Newport Beach
- 28th Street Marina TESM
- Back Bay Anniversary Homes BBAN
- Back Bay Custom Homes BBCS
- Balboa Island – Collins Island BALC
- Balboa Island – Main Island BALM
- Balboa One Ford Road OFBB
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Bayridge BRID
- Bayside Cove BCOV
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Belcourt Custom BLCS
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon Villa BCVA
- Bluffs Homes on the Bay BNHB
- Bluffs Original BORI
- Bluffs Park Homes BNPK
- Bluffs Plaza Area BOPL
- Bluffs Tennis Villas BNTV
- Cannery Village Mobile Park CVMP
- Castaways CAST
- Central Newport CNEW
- Cherry Lake Estates UBLE
- Cliffhaven CLIF
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Harbor Cove Promenade HCPM
- Harbor Island “”Drive”” HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor View Homes HVHM
- Kings Road KGRD
- Lido Building #601 L601
- Lido Island LIDO
- Lido Peninsula LIPN
- Madison BCYM
- Newport Crest NEWC
- Newport Glen NGLN
- Newport Heights NEWH
- Newport Shores NEWS
- Newport Terrace NEWT
- Promontory Bay PBAY
- Providence OFPV
- Santa Ana Heights Residential SAHR
- Sea Faire Condos SEAF
- Sea Island – Lusk SILK
- Seashore Townhomes SSTH
- Seaview SEAV
- Summer House OFSH
- Versailles VERS
- Villa Balboa VBAL
- Villa Point VILP
- West Newport Beach WSNB
- Westcliff Villa CWWV
- Wyndover Bay BCYW
Market Summary
Current real estate data for Condo in Newport Beach as of Nov 20, 2025
24
Condo Listed
32
Avg DOM
1,208
Avg $ / SqFt
$1,976,787
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 $1,208. The average listing price for Condo in Newport Beach is $1,976,787.
Similar Listings Nearby
Scholz PZ #205 Lot 1
Newport Beach, CA


