
Irvine, California 92612
This Luxury High-Rise Residence presents a premier lifestyle opportunity within the Marquee at Park Place, listed at $1,168,000 and positioned near its $1,114,729 Fair Market Value. Boasting a Good Condition Rating, this move-in ready home features a rare two-bedroom plus office layout with floor-to-ceiling windows showcasing expansive city skyline and mountain views. Residents enjoy resort-style amenities including 24-hour concierge and a heated pool. Served by the Santa Ana Unified district, this polished sanctuary is an ideal match for Urban Professionals or Owner-Occupants seeking an elite, maintenance-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Michelson Drive 503 Subject | $1,120,000* List Price | 2 | 2 | 1,583 | $676 | - |
A 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.0 mi |
B 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.0 mi |
C 3141 Michelson Drive 1607 Sold | $1,337,500 | 2 | 2 | 1,520 | $880 | 0.0 mi |
D 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.0 mi |
E 21 Gramercy 208 Sold | $890,000 | 2 | 2 | 1,583 | $562 | 0.3 mi |
F 21 Gramercy 410 Sold | $915,000 | 2 | 2 | 1,583 | $578 | 0.3 mi |
G 3141 Michelson 1306 Active Under Contract | $1,025,000 List Price | 2 | 2 | 1,367 | $750 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old high-rise unit is meticulously maintained and move-in ready. The kitchen is modern with granite countertops and stainless steel appliances, and the bathrooms have been upgraded with stone tiling and new toilets. While the overall aesthetic is contemporary, the age of the building and original systems place it firmly in the 'Good' category rather than 'Excellent'.
The Marquee offers a premium lifestyle with 24-hour concierge, guarded gate access, and resort-style amenities including a pool, fitness center, and private movie theater.
The 1,583 sqft layout features a flexible office that can easily serve as a third bedroom, providing rare adaptability for high-rise living.
Unlike many condos, this unit includes two side-by-side parking spaces and a large dedicated storage room, significantly enhancing daily functionality.
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 substantial and may impact the overall affordability and long-term investment return for some buyers.
The property is served by Santa Ana Unified with school ratings ranging from 3 to 4, which may be less desirable for families specifically seeking the top-rated Irvine Unified School District.
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 | 65% |
| Lot Size | 100,845 | 52,860 | 60% |
| Price | $1.12M | $995.0K | 61% |
| Price per sq ft | $708 | $721 | 44% |
| Built year | 2006 | 2005 | 58% |
| HOA | $1500.0 | $638 | 92% |
| Days on market | 153 | 162 | 46% |
May 22, 2026
$1,120,000
$1,168,000
-4% Price Drop
Initial Listing
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