3131 Michelson 407, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Sophisticated High-Rise Condominium is a High-Potential Investment Opportunity, listed at $1,098,500—positioned well above the $952,389 Fair Market Value by -15%. While the list price exceeds current market estimates, the property offers a Good Condition Rating with high-end finishes and resort-caliber amenities like an Olympic-sized pool and 24-hour security. Its central Irvine location provides unmatched access to major transit and luxury shopping. This residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance lifestyle in a premier high-rise enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Michelson 407 Subject | $1,098,500* List Price | 2 | 2 | 1,249 | $763 | - |
A 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.0 mi |
B 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.0 mi |
C 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.0 mi |
D 3141 Michelson 1007 Sold | $1,100,000 | 2 | 2 | 1,330 | $827 | 0.0 mi |
E 3131 Michelson Drive 503 Sold | $1,085,000 | 2 | 2 | 1,583 | $685 | 0.0 mi |
F 1434 Scholarship Sold | $810,000 | 2 | 2 | 1,274 | $636 | 0.6 mi |
G 3141 Michelson Drive 1607 Sold | $1,337,500 | 2 | 2 | 1,520 | $880 | 0.0 mi |
H 2380 Scholarship Sold | $980,000 | 3 | 2 | 1,345 | $729 | 0.7 mi |
I 199 Bowery Active | $850,000 List Price | 2 | 2 | 1,255 | $677 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old, placing it in the 'Good' category. The kitchen features high-end stainless steel appliances, granite countertops, and hardwood flooring that appear well-maintained and fully functional. The luxury high-rise setting and resort-style amenities suggest systems are professionally managed and the unit is move-in ready.
The property offers an unparalleled lifestyle within a 24-hour staff-gated enclave, featuring an Olympic-sized pool, executive fitness center, private screening room, and billiards lounge.
Ideally situated in the heart of Irvine, the residence provides effortless access to John Wayne Airport, major transit corridors (405, 55, 73, 5), and world-class shopping at Fashion Island and South Coast Plaza.
This fourth-floor residence captures sweeping mountain and city views, providing a front-row seat to spectacular sunsets and the glittering twilight skyline.
The association fee is $1,147 per month, which represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public schools for this address currently hold lower performance ratings (3-4/10), which may be a deterrent for families prioritizing high-ranking educational districts.
Embrace an elevated lifestyle in this sophisticated fourth-floor "B" plan, where sweeping mountain and city vistas take center stage. The residence offers an front-row seat to spectacular evening sunsets and the glittering twilight skyline from one of Orange County’s premier high-rise addresses. Residents enjoy access to an unparalleled collection of resort-caliber amenities within this 24-hour staff-gated enclave, including a sprawling Olympic-sized pool and spa, an executive fitness center, a private screening room, a billiards lounge, and outdoor grilling pavilions. Younger residents can enjoy the private playground, and daily life is made seamless with on-site dry cleaning drop-off. Positioned a mere five minutes from a curated selection of award-winning dining, this exceptional location also boasts effortless proximity to Fashion Island, South Coast Plaza, John Wayne Airport, and major transit corridors including the 405, 55, 73, and 5 freeways.
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,249 | 1,772 |
| Lot Size | 100,845 | 46,724 |
| Price | $1.10M | $1.27M |
| Price per sq ft | $880 | $753 |
| Built year | 2006 | 2014 |
| HOA | $1147.0 | $296 |
| Days on market | 16 | 60 |
Jul 6, 2026
$1,098,500
Initial Listing
Aug 25, 2023
$875,000
Public Record
Jan 25, 2006
$590,000
Public Record