3131 Michelson, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Luxury High-Rise Condominium in the Marquee Park Place community is a Strong Value Opportunity, listed at $998,000—positioned well above the $953,981 Fair Market Value by 4%. While priced at a premium, the property offers a Good Condition Rating and a sophisticated lifestyle featuring a Gourmet Granite Kitchen, floor-to-ceiling windows with City Lights Views, and extensive amenities like a private theater and concierge. This residence is an ideal sanctuary for Urban Professionals or Discerning Owner-Occupants seeking a turnkey, high-security living environment in prime Irvine.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Michelson Subject | $998,000* List Price | 2 | 2 | 1,375 | $694 | - |
A 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.0 mi |
B 3131 Michelson Drive 503 Sold | $1,085,000 | 2 | 2 | 1,583 | $685 | 0.0 mi |
C 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.0 mi |
D 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.0 mi |
E 3141 Michelson 1007 Sold | $1,100,000 | 2 | 2 | 1,330 | $827 | 0.0 mi |
F 21 Gramercy 410 Sold | $915,000 | 2 | 2 | 1,583 | $578 | 0.3 mi |
G 1434 Scholarship Sold | $810,000 | 2 | 2 | 1,274 | $636 | 0.6 mi |
H 1308 Scholarship Sold | $758,500 | 2 | 2 | 1,052 | $721 | 0.6 mi |
I 199 Bowery Active | $850,000 List Price | 2 | 2 | 1,255 | $677 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (21 years old), the property is impeccably maintained and move-in ready. While the age technically crosses the 20-year threshold, the interior features updated wide-plank flooring and a high-end gourmet kitchen with granite countertops and custom appliances. The bathrooms and systems appear functional and well-kept, fitting the 'Good' criteria for well-maintained, functional residences.
The Marquee offers a true luxury lifestyle with 24-hour guard-gated security, concierge services, and high-end facilities including a private theater, fitness center, and pool.
The 1,375 sqft floor plan features a flexible office/den that can easily function as a third bedroom, complemented by floor-to-ceiling windows and a private balcony with city views.
Unlike many high-rise units, this property includes two side-by-side parking spaces and a large private storage room, providing significant convenience and utility.
The association fee of $1,342 per month is relatively high and may deter budget-conscious buyers or impact financing qualifications.
Despite the prestigious Irvine location, the currently assigned public schools show lower ratings (3-4/10), which may be a drawback for families focused on academic performance.
Luxury high-rise living at its finest in the prestigious Marquee Park Place community. This impeccably maintained residence features 2 spacious bedrooms plus a versatile office/den that can easily serve as a third bedroom, 2 full bathrooms, and an open-concept floor plan filled with natural light. The gourmet kitchen offers granite countertops, stainless steel appliances, and a custom built-in refrigerator. Floor-to-ceiling windows frame stunning city skyline views and from the balcony you can enjoy beautiful sunsets. Additional highlights include abundant storage, a dedicated laundry closet with stacking washer and dryer, two side-by-side parking spaces, and a large private storage room. Residents enjoy 24-hour guard-gated security, concierge service, pool, spa, fitness center, business center, private theater, clubhouse, and more. Prime Irvine location near award-winning schools, premier shopping, dining, John Wayne Airport, Fashion Island, South Coast Plaza, and 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,375 | 1,772 |
| Lot Size | 100,845 | 46,724 |
| Price | $998.0K | $1.27M |
| Price per sq ft | $726 | $753 |
| Built year | 2005 | 2014 |
| HOA | $1342.0 | $296 |
| Days on market | 7 | 60 |
Jul 15, 2026
$998,000
Initial Listing