
Irvine, California 92612
This Refined High-Rise Residence at Marquee at Park Place is a Strong Value Opportunity, listed at $898,000—positioned well above the $881,325 Fair Market Value. While priced slightly above market, the property offers a Good Condition Rating and a premium, quiet location in the West Tower with pleasant garden and sunset views. Residents enjoy resort-style amenities including a pool, spa, and 24-hour concierge. This turnkey home is an ideal choice for urban professionals or first-time buyers seeking a luxury lifestyle near UCI and local transit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Michelson Drive 304 Subject 2 bd · 2 ba · 1,234 sqft · $714 | $898,000* List Price | 2 | 2 | 1,234 | $714 | - |
A 3422 Watermarke Sold 2 bd · 2 ba · 1,260 sqft · $651 · 0.7 mi | $820,000 | 2 | 2 | 1,260 | $651 | 0.7 mi |
B 3131 Michelson Drive 503 Sold 2 bd · 2 ba · 1,583 sqft · $685 · 0.0 mi | $1,085,000 | 2 | 2 | 1,583 | $685 | 0.0 mi |
C 3141 Michelson 1007 Sold 2 bd · 2 ba · 1,330 sqft · $827 · 0.0 mi | $1,100,000 | 2 | 2 | 1,330 | $827 | 0.0 mi |
D 1154 Scholarship Sold 2 bd · 2 ba · 1,052 sqft · $713 · 0.6 mi | $750,000 | 2 | 2 | 1,052 | $713 | 0.6 mi |
E 2320 Scholarship Sold 2 bd · 2 ba · 1,038 sqft · $718 · 0.7 mi | $745,000 | 2 | 2 | 1,038 | $718 | 0.7 mi |
F 3064 Scholarship Sold 2 bd · 2 ba · 1,477 sqft · $769 · 0.7 mi | $1,136,000 | 2 | 2 | 1,477 | $769 | 0.7 mi |
G 1434 Scholarship Sold 2 bd · 2 ba · 1,274 sqft · $636 · 0.6 mi | $810,000 | 2 | 2 | 1,274 | $636 | 0.6 mi |
H 2226 Scholarship Sold 2 bd · 2 ba · 1,038 sqft · $723 · 0.7 mi | $750,000 | 2 | 2 | 1,038 | $723 | 0.7 mi |
I 21 Gramercy 102 Active Under Contract 2 bd · 2 ba · 1,474 sqft · $628 · 0.3 mi | $925,000 List Price | 2 | 2 | 1,474 | $628 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 21-year-old residence is exceptionally well-maintained and move-in ready. The interior features updated wood-look flooring, modern bathroom vanities, and clean finishes. While technically just over the 20-year threshold for 'Fair', the high-rise systems and aesthetic condition align better with the 'Good' criteria for functional, well-maintained properties.
The Marquee offers an extensive luxury amenity package including 24-hour concierge, security, a fitness center, heated pool, and theater room, providing a high-end, full-service lifestyle.
Positioned in the West Tower away from the freeway, this unit provides a quieter living environment with pleasant garden and sunset views, avoiding the noise issues common in high-rise urban settings.
The residence includes rare side-by-side parking in a secured garage and a separate storage unit, addressing the typical storage and parking constraints of condominium living.
The monthly association fee of $1,341 is substantial, which may deter buyers sensitive to high fixed monthly expenses despite the luxury amenities provided.
Although located in Irvine, the property is served by the Santa Ana Unified School District with school ratings ranging from 3 to 4, which may be less desirable for families seeking the top-rated Irvine Unified schools.
Welcome to Unit 304 at Marquee at Park Place, offering refined high-rise living in the heart of Irvine. This spacious 2-bedroom, 2-bath residence features approximately 1,234 square feet of open-concept living space, with a seamless flow from the living room to the dining area and private balcony. Located in the West Tower and positioned away from the freeway, the residence offers a more peaceful setting along with pleasant garden and sunset views. The unit includes side-by-side parking in the secured garage and separate additional storage. Residents of Marquee enjoy a full collection of resort-style amenities, including 24-hour security, concierge service, an elegant lobby, fitness center, heated pool and spa, BBQ area, playground, theater room, billiard room, and professional business center. Ideally located within walking distance to popular dining and shopping at Park Place, and just minutes from UCI, John Wayne Airport, Irvine Spectrum, Fashion Island, local beaches, parks, and nature trails. Unit 304 offers the convenience of city living combined with the comfort and amenities of a luxury residential community.
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 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,234 | 1,685.105 |
| Lot Size | - | 42,358.594 |
| Price | $898.0K | $1.21M |
| Price per sq ft | $728 | $740 |
| Built year | 2005 | 2010 |
| HOA | $1341.0 | $280 |
| Days on market | 39 | 61 |
Oct 15, 2026
$898,000
$920,000
-2% Price Drop
Initial Listing
Sep 16, 2026
$920,000
Initial Listing
Jan 20, 2023
$770,000
Public Record
Feb 19, 2021
$530,000
Public Record
Apr 2, 2018
$550,000
Public Record
Jul 28, 2011
$350,000
Public Record
Mar 31, 2006
$778,000
Public Record
Jan 17, 2006
$649,000
Public Record