
Irvine, California 92612
This Luxury High-Rise Residence is listed at $1,168,000, representing a stable lifestyle opportunity in Irvine’s premier business district. With a Fair Market Value of $1,096,048, the price reflects the unit's Good Condition Rating and rare Versatile 2-Bed Plus Office Layout. Residents enjoy Resort-Style Amenities including a 24-hour concierge, pool, and fitness center. Served by the Santa Ana Unified School District, this meticulously maintained home features a Granite Kitchen and floor-to-ceiling windows with city views. It is a premier choice for Owner-Occupants or Urban Professionals seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Michelson Drive 503 Subject | $1,168,000* List Price | 2 | 2 | 1,583 | $692 | - |
A 3141 Michelson Drive 1607 Sold | $1,337,500 | 2 | 2 | 1,520 | $880 | 0.0 mi |
B 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.0 mi |
C 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.0 mi |
D 21 Gramercy 306 Sold | $1,160,000 | 2 | 3 | 1,810 | $641 | 0.3 mi |
E 21 Gramercy 418 Sold | $980,000 | 2 | 3 | 1,626 | $603 | 0.3 mi |
F 8081 Scholarship Sold | $1,500,000 | 2 | 2 | 1,701 | $882 | 0.8 mi |
G 3131 Michelson Drive 606 Pending | $900,000 List Price | 2 | 2 | 1,330 | $677 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is move-in ready and fits the 10-20 year age criteria for a 'good' rating. The unit is meticulously maintained with a modern kitchen featuring granite countertops and high-end stainless steel appliances, upgraded bathrooms with stone tiling, and quality hardwood flooring throughout the living areas. While not a brand-new renovation, the systems and finishes are well-maintained and meet current quality standards.
The Marquee at Park Place offers a premium lifestyle with 24-hour concierge and guard-gated security, a resort-style pool, fitness center, private movie theater, and business center.
This unit features a rare and flexible layout with two spacious bedrooms plus a dedicated office that can easily function as a third bedroom, complemented by 1,583 square feet of living space.
The residence boasts floor-to-ceiling windows for abundant natural light, an upgraded kitchen with a custom built-in refrigerator, and the convenience of side-by-side parking with a large storage room.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1583, other record living area = 1375.
The monthly HOA fee of $1,500 is significant, which may deter some buyers and impacts the overall monthly affordability of the property.
Although located in Irvine, the property is served by the Santa Ana Unified School District, which currently holds lower ratings (3-4) compared to the neighboring Irvine Unified schools.
Most luxurious high-rise residences in Irvine, located in the highly sought-after Marquee Park Place community. This meticulously maintained unit features TWO spacious BEDROOMS plus AN OFFICE that can easily serve as aTHIRD bedroom. It offers two upgraded full bathrooms and a modern kitchen with granite countertops, stainless steel appliances, and a custom built-in refrigerator. The open-concept layout connects seamlessly to the living area, creating a bright and contemporary atmosphere. The living room is enhanced by floor-to-ceiling windows that bring in abundant natural light and offer expansive views. The unit also provides generous storage space, a dedicated laundry room with nearly-new washer and dryer, and newly replaced toilets in both bathrooms. Step outside to a private terrace with stunning views of the city skyline and community pool. Included are two side-by-side parking spaces and a large storage room located on the parking level. The HOA offers an array of upscale amenities, including 24-hour guarded gate access, concierge service, resort-style pool and spa, fitness center, business center, private movie theater, clubhouse, and more. Prime location in the heart of Irvine’s business district—close to top-rated schools, parks, shopping centers, Fashion Island, and just minutes from the beaches of Newport Coast.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,583 | 1,447 | 67% |
| Lot Size | 100,845 | 51,599 | 64% |
| Price | $1.17M | $990.0K | 67% |
| Price per sq ft | $738 | $727 | 56% |
| Built year | 2006 | 2003 | 68% |
| HOA | $1500.0 | $588 | 92% |
| Days on market | 95 | 188 | 19% |
Mar 18, 2026
$1,168,000
$1,200,000
-3% Price Drop
Initial Listing
Jan 17, 2026
$1,200,000
Initial Listing
Jul 7, 2022
$1,025,000
Public Record
Jan 22, 2018
$713,000
Public Record
Feb 28, 2013
$385,000
Public Record
Feb 10, 2006
$811,000
Public Record