Avenue One condominiums built by K Hovanian are one of the newest high-rise developments located in the heart of the Irvine commerce area and entertainment area. It's one of the more affordable developments and has generated a lot of excitement. The first units were completed in early 2006' and new condos are still being built to this day.
Avenue One is located by the intersection of Jamboree and Dupont just west of the 405 Freeway at the 1,000 to 2,000 block of Scholarship road. Avenue One comprises of two condominium buildings, 2 large parking structures and the common area facilities. Avenue One offers 8 well designed floor plans as follows:
- One A - 1 bedroom, 1 bath, 725 square feet
- One AL- 1 bedroom and 2nd story loft, 1 bath, 846 square feet
- One B - 1 bedroom, 1 bath, 602 square feet
- One C - 1 bedroom, 1 bath, 738 square feet
- One CL - 1 bedroom and 2nd story loft, 1 bath, 923 square feet
- One D - 1 bedroom, 1 bath, 738 square feet
- Two A - 2 bedrooms, 2 baths, 1,037 square feet
- Two AL - 2 bedrooms and 2nd story loft, 2 baths, 1,213 square feet
- Two B - 2 bedrooms, 2 baths, 1,318 square feet
- Two BL - 2 bedrooms and 2nd story loft, 2 baths, 1,538 square feet
- Two C - 2 bedrooms, 2 baths, 1,044 square feet
- Two CL - 2 bedrooms and 2nd story loft, 2 baths, 1,207 square feet
- Three A - 3 bedrooms, 2 baths, 1,340 square feet
- Three AL - 3 bedrooms and 2nd story loft, 2 baths, 1,525 square feet
The common area facilities offer a resort like lifestyle including: Gated entrance, elegant Clubhouse w/plasma TV, Olympic sized pool, spa, high tech fitness center, indoor half basketball court, Bar-B-Que area and more. Avenue One is located close to world class shopping, night clubing, museums, theaters, great dining, UCI and the beach.
Avenue One is serviced by the Santa Ana Unified School district. The grade school classes are conducted at Monroe elementary school and the Junior high school is McFadden middle school. The upper grades are serviced by Century High School.
There are re-sale and brand new condos available for sale at this time. They range in price from a low of $369,990 for a 1 bedroom, 1 bath, 602 square foot condo on the first floor, on up to $735,990 for the largest 3 bedroom, 2 bath, 1,538 square foot floor plan. The average price per square foot for the condos currently for sale is $584/SqFt and the average days on market is 66 days. Below is the complete list of the condos currently for sale are Avenue One.
| Address | Bdrms | Baths | Stories | Garage | SqFt | Price |
| 1231 Scholarship | 1 | 1 | 3 | 1 | 602 | $369,990 |
| 1150 Scholarship | 1 | 1 | 3 | 1 | 725 | $376,990 |
| 2119 Scholarship | 1 | 1 | G | 1 | 602 | $429,999 |
| 2310 Scholarship | 1 | 1 | 3 | 1 | 725 | $437,000 |
| 2302 Scholarship | 2 | 2 | 1 | 2 | 1,037 | $568,000 |
| 2406 Scholarship | 1 | 1 | 1 | 1 | 923 | $615,000 |
| 2402 Scholarship | 2 | 2 | T | 2 | 1,213 | $654,900 |
| 1418 Scholarship 295 | 3 | 2 | 3 | 2 | 1,538 | $725,990 |
To date, there have been a total of 7 re-sale condos that have sold and closed escrow at Avenue One as listed below:
| Address | Bdrms | Baths | Stories | Garage | SqFt | Price | Days on Market |
| 1125 Scholarship | 1 | 1 | 3 | 1 | 725 | $402,990 | 34 |
| 1117 Scholarship | 1 | 1 | 3 | 1 | 725 | $405,990 | 5 |
| 1138 Scholarship | 1 | 1 | 3 | 1 | 725 | $409,913 | 23 |
| 1224 Scholarship | 1 | 1 | 3 | 1 | 725 | $412,990 | 15 |
| 1414 Scholarship | 1 | 1 | 3 | 1 | 846 | $503,633 | 26 |
| 1334 Scholarship | 2 | 2 | 3 | 2 | 1,037 | $545,990 | 40 |
| 1328 Scholarship | 2 | 2 | 3 | 2 | 1,037 | $579,990 | 76 |
The average price per square foot of these sold units is 482/SqFt, and the average days on market was 31 days.
There are two other high-rise condominium projects in the commerce area of Irvine that have also been popular with buyers. One is named Watermarke condos and the other is Marquee Park Place. If you would like to view all condos listed for sale in Irvine, visit our website at: Irvine Real Estate.
If you would like a private showing of any of the condos for sale in Avenue One, Watermarke or Marquee Park Place, please feel free to call us at: 949-388-3396 or email us at: Info@SearchOCHomes.com Since you found us via the Internet, we are offering a 1% rebate from the purchase price if you allow us to show you and represent you in the purchase of a brand new Avenue One condo. This offer is valid for as long as the builder is offering new homes for sale.
