3131 Michelson Drive 706, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
ACTIVE$950,000
3131 Michelson Drive 706, Irvine, California 92612
2Beds
2Baths
1,330Sqft
0.08Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Luxury Resort-Style Amenities: The Marquee offers an extensive array of high-end, hotel-like amenities including 24-hour security, concierge, state-of-the-art fitness center, heated pool & spa, BBQs, playground, theater room, billiard room, and a professional business center, enhancing the luxury living experience.
Top Cons:
Substantial Monthly Association Fee: The high monthly association fee of $1,341 significantly increases the overall cost of ownership, which could be a deterrent for some potential buyers.
Compared to the nearby listings
Price:$950.0K vs avg $980.0K ($-30,000)46%
Size:1,330 sqft vs avg 1,441 sqft48%
Price/sqft:$714 vs avg $74931%
More Insights
Built in 2005 (20 years old).
Condition: Built in 2005, this condominium is 19 years old, fitting within the 'Good' category's age range. The property is move-in ready with no immediate renovations required. The kitchen features high-end, contemporary dark wood cabinetry, dark granite countertops, and modern stainless steel built-in appliances (including a large refrigerator, oven, microwave, and gas cooktop with a stylish range hood), all appearing in excellent condition. Bathrooms boast modern vanities with stone countertops, large format tiling, and glass-enclosed showers, also in very good shape. Flooring consists of well-maintained hardwood in living areas and clean carpeting in bedrooms. Overall, the property shows minimal wear and tear, and its systems and finishes are well-maintained and functional, aligning with current quality standards for a high-end condominium of its age.
Year Built
2005
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$714
HOA
$1,341
Days on market
-
Sold On
-
MLS number
OC25165381
Home ConditionGood
Features
Good View: Courtyard
Deck
ViewCourtyard
About this home
Welcome home to Luxury Living in this prestigious unit, Irvine's finest high rise, Resort style condo at the Marquee in Park Place. Located on the West tower, with views, facing away from the freeway. The Marquee also provides extra storage space separate from the unit and side by side parking in the secure parking complex. Enjoy hotel like amenities in the Marquee with 24 hour security and full concierge services, elegant lobby, state-of-the-art fitness center, heated pool & spa, BBQs, playground, theater room, billiard room, and professional business center. This spot is also walking distance to some of the BEST restaurants in town and close to UCI, Irvine Spectrum, John Wayne Airport, and a short drive to Fashion Island, the beaches, parks and nature trails. This spacious 1,234 sq. ft home flows openly from the living room, to the dining area and then on to the balcony where you can unwind after a long day and watch some of the best sunsets and exquisite garden views. Don't miss this opportunity to enjoy the city living.
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 condominium is 19 years old, fitting within the 'Good' category's age range. The property is move-in ready with no immediate renovations required. The kitchen features high-end, contemporary dark wood cabinetry, dark granite countertops, and modern stainless steel built-in appliances (including a large refrigerator, oven, microwave, and gas cooktop with a stylish range hood), all appearing in excellent condition. Bathrooms boast modern vanities with stone countertops, large format tiling, and glass-enclosed showers, also in very good shape. Flooring consists of well-maintained hardwood in living areas and clean carpeting in bedrooms. Overall, the property shows minimal wear and tear, and its systems and finishes are well-maintained and functional, aligning with current quality standards for a high-end condominium of its age.
Pros & Cons
Pros
Luxury Resort-Style Amenities: The Marquee offers an extensive array of high-end, hotel-like amenities including 24-hour security, concierge, state-of-the-art fitness center, heated pool & spa, BBQs, playground, theater room, billiard room, and a professional business center, enhancing the luxury living experience.
Prime Central Irvine Location: Strategically located within walking distance to top restaurants and in close proximity to UCI, Irvine Spectrum, John Wayne Airport, Fashion Island, beaches, and nature trails, offering unparalleled convenience and accessibility.
Desirable Views & Quiet Exposure: Situated on the West tower, the unit provides captivating sunset and exquisite garden views while being oriented away from freeway noise, ensuring a serene and pleasant living environment.
Exclusive Parking & Storage: The property includes valuable side-by-side parking in a secure complex and additional separate storage space, which are significant conveniences in high-rise condominium living.
Spacious & Open Floor Plan: The 1,234 sq. ft. unit features a spacious and open layout, seamlessly connecting the living room, dining area, and balcony, ideal for comfortable living and entertaining.
Cons
Substantial Monthly Association Fee: The high monthly association fee of $1,341 significantly increases the overall cost of ownership, which could be a deterrent for some potential buyers.
Condominium Lifestyle Limitations: As a condominium, the property inherently comes with shared walls, potential noise from neighbors, and community rules and regulations that may limit personal freedoms compared to a single-family home.
Limited Private Outdoor Space: While featuring a balcony, the unit lacks a private yard or extensive outdoor area, which might not appeal to buyers seeking more personal green space or diverse outdoor entertaining options.