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.
MLS #
CROC25185842
MLS Source
California Regional MLS
Days on Site
1
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat, Primary Suite/Retreat - 2+
Dining Room
In Kitchen, Other
Family Room
Other
Fireplace
Family Room
Flooring
Laminate
Laundry
None
Cooling
None
Pool
Community Facility, Spa - Community Facility
Garage/Parking
Common Parking - Shared, Gate/Door Opener, Side By Side, Garage: 2 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$619
HOA Fee Frequency
Monthly
Complex Amenities
Barbecue Area, Club House, Community Pool, Conference Facilities, Game Room, Gym / Exercise Facility, Other, Picnic Area
101 Scholz 120 is a Condominium in Newport Beach, CA 92663. This 1,295 square foot property sits on a 5.939 Acres Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $1,059,000 and was built in 1971.
This address can also be written as 101 Scholz #120, Newport Beach, CA 92663.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of August 20, 2025. For the most current information, please contact Dick Hamparsumian, (949) 500-8000