3141 Michelson Drive 1506, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Stunning High-Rise Residence at Marquee Park Place is a High-Potential Investment Opportunity, listed at $1,188,000—positioned well above the $1,025,762 Fair Market Value by -15%. While priced at a premium, the property offers a Good Condition Rating and features a Chef's Kitchen, Panoramic City Views, and Resort-Style Amenities. Despite the higher association fees and moderate school ratings, the turnkey interior and prime Irvine location provide a sophisticated lifestyle. This property is an ideal acquisition for Luxury Owner-Occupants or Discerning Professionals seeking modern, maintenance-free living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3141 Michelson Drive 1506 Subject | $1,188,000* List Price | 2 | 2 | 1,350 | $760 | - |
A 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.0 mi |
B 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.0 mi |
C 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.0 mi |
D 3141 Michelson Drive 1607 Sold | $1,337,500 | 2 | 2 | 1,520 | $880 | 0.0 mi |
E 2380 Scholarship Sold | $980,000 | 3 | 2 | 1,345 | $729 | 0.7 mi |
F 2250 Watermarke Sold | $995,000 | 2 | 3 | 1,523 | $653 | 0.8 mi |
G 3131 Michelson Dr 1206 Active | $1,170,000 List Price | 2 | 2 | 1,330 | $880 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (21 years old), the property is exceptionally well-maintained and move-in ready. The kitchen and baths feature high-end original finishes including Sub-Zero/Wolf-style appliances, granite countertops, and travertine/marble accents. While the aesthetic reflects the mid-2000s era, the premium quality and lack of visible wear align with the 'Good' criteria.
Situated on the 15th floor with floor-to-ceiling windows, this residence offers breathtaking panoramic city light views and an abundance of natural light throughout the open-concept living space.
The Marquee Park Place provides a high-end lifestyle with 24-hour concierge service, a fitness center, pool, spa, and gated security, catering to buyers seeking luxury and convenience.
The inclusion of a dedicated den provides essential flex space for a home office, while the expansive private balcony accessible from all main rooms maximizes the indoor-outdoor living experience.
The monthly association fee of $1,339 is significant, which may impact overall affordability and deter buyers sensitive to high recurring non-mortgage expenses.
The assigned public schools for this location have relatively low ratings (3-4), which may be a disadvantage for families prioritizing the top-tier educational standards typically associated with Irvine.
Experience elevated high-rise living in this stunning 15th-floor residence at the prestigious Marquee Park Place. Floor-to-ceiling windows showcase sweeping panoramic views, while an expansive private balcony seamlessly extends from the living area and both bedrooms, creating the ultimate indoor-outdoor lifestyle. Thoughtfully designed with an open-concept layout, this light-filled home features refined finishes, premium upgrades, two spacious bedrooms, and a versatile den ideal for a home office or flex space. The chef's kitchen is appointed with stainless steel appliances, granite countertops, and elegant travertine accents. The luxurious primary suite offers a spa-inspired bath with dual vanities, soaking tub, separate shower, and marble finishes. Residents enjoy resort-style amenities including 24-hour concierge, pool and spa, fitness center, BBQ area, billiards room, entertaining kitchen, gated security, elevator access, and underground parking. Ideally located near UC Irvine, John Wayne Airport, Fashion Island, South Coast Plaza, premier dining, shopping, and entertainment. Modern luxury living at its finest.
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 | 1,350 | 1,447 | 46% |
| Lot Size | - | 49,632 | 35% |
| Price | $1.19M | $995.0K | 67% |
| Price per sq ft | $880 | $722 | 89% |
| Built year | 2005 | 2005 | 50% |
| HOA | $1339.0 | $638 | 84% |
| Days on market | 19 | 159 | 5% |
May 28, 2026
$1,188,000
Initial Listing
Sep 20, 2021
$768,000
Public Record
Sep 9, 2010
$390,000
Public Record
Mar 21, 2006
$669,000
Public Record