101 Scholz #225 Newport Beach, CA 92663

Back on the market. Buyer couldnt perform. Cash or FHA offers only! As-Is condition. One of the lowest-priced opportunities currently available in all of Newport Beach, this beautifully updated second-floor studio is located in the highly desirable Versailles community. Overlooking a freshly landscaped courtyard with a tranquil fountain, the home offers both comfort and a serene setting. Ideally situated just steps from the main entrance, stairway, and elevator, this unit combines convenience with privacy. Interior features include hardwood flooring, and is currently being remodeled, creating a clean and modern living space. Versailles is perfectly positioned just a short bike ride from the stunning beaches of West Newport, making it an excellent choice for those seeking the ultimate coastal lifestyle. Whether youre a professional, a couple looking for a beach retreat, or an investor seeking a solid long-term rental, this property checks all the boxes. HOA includes water, gas and trash. Additional highlights include a private parking space in a secure garage, a storage cabinet and plenty of guest parking in front of the unit. Residents enjoy resort-style amenities including a sparkling pool and spa, sauna, fitness center, clubhouse, and a full kitchen banquet roomideal for entertaining.