3131 Michelson Dr 1206, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
ACTIVE$1,170,000
3131 Michelson Dr 1206, Irvine, California 92612
2Beds
2Baths
1,330Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: Situated in highly desirable Irvine, the property offers exceptional convenience with walking distance to supermarkets, shops, and dining, and minutes away from UC Irvine, John Wayne Airport, major shopping centers (South Coast Plaza, Fashion Island, Irvine Spectrum), and the 405 Freeway.
Top Cons:
Very High Association Fee: The monthly association fee of $1340 is exceptionally high, significantly impacting the overall monthly carrying costs and potentially limiting the pool of eligible buyers.
Compared to the nearby listings
Price:$1.17M vs avg $985.0K (+$185,000)67%
Size:1,330 sqft vs avg 1,441 sqft48%
Price/sqft:$880 vs avg $75184%
More Insights
Built in 2005 (20 years old).
Condition: Built in 2005, this property is 20 years old and aligns well with the 'Good' condition criteria. The unit is described as 'well maintained' and the images confirm a clean, move-in ready condition with no immediate renovation required. The kitchen features high-end GE Monogram stainless steel appliances, granite countertops, and rich dark wood cabinetry, which are functional and presentable, though the style reflects its age rather than a recent full renovation. Hardwood flooring is present throughout the great room, dining room, bedrooms, and den, appearing in good condition. Bathrooms are clean and functional. Major systems are likely within their expected lifespan, and the overall aesthetic is contemporary and well-kept.
Year Built
2005
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$880
HOA
$1,340
Days on market
-
Sold On
-
MLS number
TR25098721
Home ConditionGood
Features
Good View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)
About this home
Welcome to enjoy urban living in this well maintained two-bedroom, two-bathroom plus den unit at Marquee at Park Place. It is on the 12th floor, breathtaking city light views and a thoughtfully designed open layout. The gourmet kitchen is outfitted with GE Monogram stainless steel appliances, granite countertops, and rich dark wood cabinetry, hardwood flooring for great room, dining room, bedrooms and den. The community offers an array of resort-style amenities, including 24-hour gated security, concierge services, a hotel style lobby, a complimentary coffee bar, a conference room, a fully equipped fitness center, a sparkling swimming pool, a spa, an outdoor BBQ area, and a children’s playground. The HOA covers water, gas, trash, and internet. walking distance to super market, shops and famous dining, and just minutes from UC Irvine, John Wayne Airport, South Coast Plaza, Fashion Island, Irvine Spectrum, and the 405 Freeway. Don't miss this opportunity.
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•3.0mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.0mi
3/10
Century High School
Public,•9-12•3.9mi
Condition Rating
Good
Built in 2005, this property is 20 years old and aligns well with the 'Good' condition criteria. The unit is described as 'well maintained' and the images confirm a clean, move-in ready condition with no immediate renovation required. The kitchen features high-end GE Monogram stainless steel appliances, granite countertops, and rich dark wood cabinetry, which are functional and presentable, though the style reflects its age rather than a recent full renovation. Hardwood flooring is present throughout the great room, dining room, bedrooms, and den, appearing in good condition. Bathrooms are clean and functional. Major systems are likely within their expected lifespan, and the overall aesthetic is contemporary and well-kept.
Pros & Cons
Pros
Prime Location & Accessibility: Situated in highly desirable Irvine, the property offers exceptional convenience with walking distance to supermarkets, shops, and dining, and minutes away from UC Irvine, John Wayne Airport, major shopping centers (South Coast Plaza, Fashion Island, Irvine Spectrum), and the 405 Freeway.
Extensive Resort-Style Amenities: Residents benefit from a comprehensive suite of luxury amenities including 24-hour gated security, concierge services, a hotel-style lobby, coffee bar, conference room, fully equipped fitness center, swimming pool, spa, outdoor BBQ area, and a children’s playground.
High-Quality Interior Finishes & Views: The unit boasts a gourmet kitchen with GE Monogram stainless steel appliances, granite countertops, rich dark wood cabinetry, and hardwood flooring throughout. Its 12th-floor position provides breathtaking city light and mountain views.
Flexible Floor Plan: The unit features a well-maintained two-bedroom, two-bathroom layout plus a den, offering valuable additional space for a home office, guest room, or hobby area, enhancing its functionality and appeal.
Comprehensive HOA Coverage: The HOA dues cover essential utilities including water, gas, trash, and internet, simplifying monthly budgeting and adding value to the living experience.
Cons
Very High Association Fee: The monthly association fee of $1340 is exceptionally high, significantly impacting the overall monthly carrying costs and potentially limiting the pool of eligible buyers.
Moderate School Ratings: While located within the reputable Irvine Unified School District, the assigned middle and high schools (McFadden Intermediate and Century High) have moderate ratings of 3, which may be a concern for families prioritizing top-tier public education.
Lack of Private Outdoor Space: As a high-rise condominium, the unit inherently lacks private outdoor space such as a yard or garden, which is a common desire for many homebuyers seeking personal outdoor enjoyment.