$1,595,000

5031 Scholarship Irvine, CA 92612

$10,000
Closing credit¹
2 beds
2 full
1,701 sqft
$938 / sqft
Condo

Property details

About 5031 Scholarship

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.

Highlights

Home typeCondominium
HeatingElectric, Forced Air, Fireplace(s)
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size1,701 sqft
Year built2007
ParkingAssigned, 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
MLS #NP24249008
Garage2 spaces
FireplaceGas Starter, Living Room
ViewBay, Island, City Lights, Other, Park, Meadow, Neighborhood, Panoramic, Water
Private poolYes

Summary

  • MLS Number: NP24249008
  • MLS Name: CRMLS
  • Office Name: Condos Etc, Inc
  • Office Phone: (714) 336-5551
  • Listing Agent: Veronica Hicks

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room featuring a glass covered fireplace, visible vents, expansive windows, and recessed lighting

$1,595,000

5031 Scholarship

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 21, 2007
Home Sold
$941,500

Tax history

YearAssessmentProperty Tax
2024$1,236,220$13,830
2023$1,211,981$13,499
2022$967,980$10,912
2021$949,000$10,648
2020$1,060,146$12,045
2019$1,039,359$11,539
2018$1,039,359$11,539
2017$1,018,980$11,446

History based on county public records data.

Nearby schools

7

Westpark Elementary School

Public District KG-6

1.7 mi

25 San Carlo

8

Culverdale Elementary School

Public District KG-6

1.9 mi

2 Paseo W Park

7

University Park Elementary School

Public District KG-6

1.9 mi

4572 Sandburg Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,111. Residents of Irvine, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
40%
35k-100k
31%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

74%
Single, No Kids
3%
Single, with Kids
18%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
1%
12-17 yrs old
52%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5031 Scholarship

This home is located at 5031 Scholarship in Irvine, CA and zip code 92612 in the Irvine Business Complex neighborhood. This 1,701 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $1,595,000.

Irvine, CA housing market in March 2025 saw over 54 listings sold above listed price, more than 22 sold at listed price and over 87 sold below. The number of listings in Irvine, CA increased by 23.3% between February and March 2025. The median list price of listings available in March 2025 was $1,599,393, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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