101 Scholz Unit 120, Newport Beach, CA 92663

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

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Sold Price
$950,000
List Price
$1,059,000
Status
CLOSED
Days on Market
15
Closing Date
Oct 24, 2025
MLS#
OC25185842
Subtype
Residential
Year Built
1971
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,295
Lot Size
258,727
Acres
5.94
Subdivision
Versailles (Vers)
Neighborhood
Versailles (Vers)
MLS Area Major
Newport Heights (N6)

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

Interior Features
Balcony, Eat-in Kitchen, Open Floorplan, Bar, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite
HOA Freqency
Monthly
Flooring
Laminate
Stories
One Level
Levels
One
Pool Type
Community, Association
Parking Features
Controlled Entrance, Underground, Community Structure, Side By Side
Garage Spaces
2
School District
Newport Mesa Unified
View
Bay, Catalina, City Lights, Coastline, Ocean, Panoramic

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Calculator source: Real Geeks

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

Selling Office: Cooper One Fourteen.

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.