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Sold for $1,595,000
  • Listed by: Condos Etc, Inc • Veronica Hicks • Contact: 949-861-8181
    Bought with: CENTURY 21 MASTERS
    $1,595,000

    5031 Scholarship, Irvine, CA 92612

    2beds
    1,701sqft
    Condominium
    Built in 2007
    -- sqft lot
    $1,605,000 Zestimate®
    $938/sqft
    $5,204 Estimated rent

    Home value

    $1,605,000

    $1.48M - $1.75M

    $5,204/mo

    Zestimate® history
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    What's special

    Gourmet kitchenDedicated built-in office spaceOversized great roomOpen floor planFloor-to-ceiling windowsTop-of-the-line viking built-in appliancesExpansive outdoor space
    Experience unparalleled safety and peace of mind in Irvine's premier high-rise residences at The Plaza-Irvine ... Don’t miss this exceptional opportunity to own one of the most desirable residences in the 5000 building at The Plaza-Irvine. 5031 Scholarship is a luxurious high-rise condominium offering a seamless blend of contemporary elegance and convenience. Spanning 1,701 square feet, this 2-bedroom, 2-bathroom residence features an oversized terrace of nearly 1,000 square feet, making it an entertainer’s dream. The expansive outdoor space provides the perfect setting for al fresco dining, social gatherings, or simply relaxing while enjoying the coastal breeze. With its prime location in the building, this residence offers both tranquility and exceptional outdoor living with easy access to all the association's amenities. Inside, the home is filled with natural light thanks to floor-to-ceiling windows in every room. The open floor plan centers around an oversized great room that seamlessly integrates living and dining areas, with an adjacent office or den offering versatility for work or leisure. The gourmet kitchen is a chef’s paradise, outfitted with top-of-the-line Viking built-in appliances that make cooking a pleasure. A dedicated built-in office space enhances the functionality of the home, ideal for those who work remotely or need a quiet retreat. Conveniently located, this residence is just minutes from John Wayne Airport, Fashion Island, South Coast Plaza, and a diverse array of restaurants such as Houston’s, North Italia, Panini Café, and more. Newport’s pristine beaches are a short drive away, offering endless opportunities for relaxation and adventure. Residents of The Plaza-Irvine also enjoy exclusive amenities, including a state-of-the-art fitness center, Jr. Olympic infinity and lap pools, two clubrooms, billiards rooms, a business center, and an on-site market. The property’s 24/7 concierge and on-site management ensure your needs are always met, all included in the all-inclusive HOA fees that make this lifestyle an unparalleled value. Experience the pinnacle of modern living in this prime Irvine location. Contact us today to schedule a private viewing and make this exquisite high-rise condominium your new sanctuary.

    Zillow last checked:

    Listing updated:

    Listed by:

    Veronica Hicks DRE #01443184 714-336-5551,

    Condos Etc, Inc,

    Veronica Hicks DRE #01443184 949-861-8181,

    Veronica Hicks, Broker

    Bought with:

    Breanna Martinez Webb, DRE #01828543

    CENTURY 21 MASTERS

    Source: CRMLS,MLS#: NP24249008MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Den, Family Room, Great Room, Library, Loft, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Granite Counters, Low Flow Plumbing Fixtures, Stone Counters, Soaking Tub, Separate Shower, Upgraded
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Stone Counters
    Heating
    • Electric, Forced Air, Fireplace(s)
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Softener, Water To Refrigerator, Water Heater, Water Purifier, Dryer, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Closet
    Features
    • Breakfast Bar, Built-in Features, Balcony, Separate/Formal Dining Room, Elevator, Granite Counters, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Trash Chute, Unfurnished, Wired for Data, Wired for Sound, All Bedrooms Up, Bedroom on Main Level, Dressing Area, Loft, Main Level Primary, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Stone, Tile
    • Doors: Sliding Doors
    • Windows: Casement Window(s), Double Pane Windows, Drapes, Insulated Windows
    • Has fireplace: Yes
    • Fireplace features: Gas Starter, Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,701 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Controlled Entrance, Covered, Underground, Electric Gate, Garage, Garage Door Opener, Gated, Guarded, Heated Garage, On Site, Paved, Private, One Space, Community Structure, Side By Side
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Low Pile Carpet, No Stairs, Parking, Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Elevator
    • Patio & porch: Concrete, Covered, Patio, Terrace, Tile
    • Has private pool: Yes
    • Pool features: Community, Heated, Infinity, In Ground, Lap, Private, Association
    • Has spa: Yes
    • Spa features: Association, Community, Heated, In Ground, Roof Top
    • Fencing: None
    • Has view: Yes
    • View description: Back Bay, Catalina, City Lights, Coastline, Park/Greenbelt, Meadow, Neighborhood, Panoramic, Reservoir
    • Has water view: Yes
    • Water view: Back Bay,Coastline,Reservoir
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Features: Near Park, Over 40 Units/Acre, Walkstreet
    Details
    • Parcel number: 93069530
    • Lease amount: $0
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Modern,Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Steel
    • Foundation: Pillar/Post/Pier
    • Roof: Common Roof
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2007
    Details
    • Builder model: B
    • Builder name: Geoffrey Edmunds

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available

    Community & HOA

    Community
    • Features: Preserve/Public Land, Street Lights, Sidewalks, Urban, Park, Pool
    • Security: Closed Circuit Camera(s), Fire Sprinkler System
    • Subdivision: The Plaza (5000 And 8000) (Plza)
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Clubhouse, Fitness Center, Barbecue, Pool, Sauna, Spa/Hot Tub, Utilities
    • HOA fee: $1,780 monthly
    • HOA name: Plaza Irvine Owners Association
    • HOA phone: 949-870-5150
    Location
    • Region: Irvine
    • Elevation: 110 Feet

    Financial & listing details

    • Price per square foot: $938/sqft
    • Tax assessed value: $1,260,944
    • Annual tax amount: $14,196
    • Date on market: 12/12/2024
    • Cumulative days on market: 103 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: All Appliances
    • Exclusions: Furnishings
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/6/2025Sold$1,595,000$938/sqft
    Source: CRMLS #NP24249008 Report a problem
    5/3/2025Listing removed$5,800$3/sqft
    Source: CRMLS #NP24249015 Report a problem
    5/2/2025Listed for rent$5,800$3/sqft
    Source: CRMLS #NP24249015 Report a problem
    4/24/2025Pending sale$1,595,000+69.4%$938/sqft
    Source: CRMLS #NP24249008 Report a problem
    3/25/2025Listing removed$5,800$3/sqft
    Source: CRMLS #NP24249015 Report a problem
    2/27/2025Listed for rent$5,800+3.6%$3/sqft
    Source: CRMLS #NP24249015 Report a problem
    12/19/2024Listing removed$5,600$3/sqft
    Source: CRMLS #NP24249015 Report a problem
    12/13/2024Listed for rent$5,600$3/sqft
    Source: CRMLS #NP24249015 Report a problem
    5/21/2007Sold$941,500$553/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,196 +2.6%$1,260,944 +2%
    2024$13,830 +2.4%$1,236,220 +2%
    2023$13,500 +23.7%$1,211,981 +25.2%
    2022$10,912 +2.5%$967,980 +2%
    2021$10,648 -11.6%$949,000 -10.5%
    2020$12,045 $1,060,146 +2%
    2019$12,045 +2.1%$1,039,359
    2018$11,792 +3%$1,039,359 +2%
    2017$11,446 $1,018,980 +2%
    2016$11,446 +2.1%$999,000
    2015$11,214 +8.4%$999,000 +8.6%
    2014$10,346 $920,000 +25%
    2013-- $736,000
    2012-- $736,000
    2011-- $736,000 -4%
    2010-- $767,000
    Find assessor info on the county website

    Neighborhood: Business District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,605,000
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    Estimated market value
    $1,605,000