
Irvine, California 92612
This Luxury Condominium is a Strong Value Opportunity, listed at $898,000—positioned well below the $897,310 Fair Market Value by a negligible margin, reflecting a stable, market-accurate price. The property is in Good Condition, featuring high-end original finishes and a versatile den perfect for remote work. Residents enjoy resort-style amenities, including a pool, spa, and concierge services. While school ratings are modest, the prime location near Irvine’s business district offers unmatched convenience. This is an ideal acquisition for busy professionals or owner-occupants seeking a prestigious, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3141 Michelson Drive 603 Subject | $898,000* List Price | 2 | 2 | 1,330 | $675 | - |
A 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.0 mi |
B 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.0 mi |
C 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.0 mi |
D 3134 Watermarke Place Sold | $755,000 | 2 | 2 | 1,260 | $599 | 0.7 mi |
E 2380 Scholarship Sold | $980,000 | 3 | 2 | 1,345 | $729 | 0.7 mi |
F 21 Gramercy 208 Sold | $890,000 | 2 | 2 | 1,583 | $562 | 0.3 mi |
G 3141 Michelson 1007 Active Under Contract | $1,150,000 List Price | 2 | 2 | 1,330 | $865 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is 20 years old and fits the 'Good' criteria perfectly. The kitchen and bathrooms feature high-end original finishes, including professional-grade stainless steel appliances and stone countertops, and the unit appears well-maintained and move-in ready.
Situated in the heart of Irvine's business district, the property offers unparalleled proximity to John Wayne Airport, South Coast Plaza, and major freeways, making it ideal for busy professionals.
The inclusion of an extra-large den/home office provides significant flexibility, allowing the space to easily function as a productive workspace or a third guest room.
Residents enjoy a high-end lifestyle with 24-hour concierge services, resort-style pool and fitness facilities, and the rare convenience of two assigned parking spaces plus additional storage.
The monthly HOA fee of $1,500 is substantial and may impact the overall affordability and debt-to-income ratios for prospective buyers.
The property is served by the Santa Ana Unified School District with school ratings between 3 and 4, which may be a drawback for families prioritizing top-tier educational scores typically associated with Irvine.
Marquee Apartments – Irvine’s Premier Business District Located in the heart of Irvine’s business center, Marquee offers luxury condominium living with 24-hour hotel-style management and services. This residence features: 2 spacious bedrooms and 2 full bathrooms An extra-large den/home office, perfect for working from home or converting into a guest room 2 assigned parking spaces and additional storage space Open-concept living and dining areas with modern finishes Resort-style amenities including pool, spa, fitness center, concierge, and secure parking, Prime Location: Just 5 minutes’ drive to John Wayne Airport, South Coast Plaza, and Diamond Jamboree Plaza Easy access to I-405 and I-5 freeways Close to Newport Beach and coastal attractions Enjoy the perfect balance of comfort, convenience, and prestige at Marquee in Irvine.
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 | 1,330 | 1,447 | 44% |
| Lot Size | 2.32 | 41,728 | 38% |
| Price | $898.0K | $970.0K | 47% |
| Price per sq ft | $675 | $721 | 28% |
| Built year | 2006 | 2004 | 61% |
| HOA | $1500.0 | $638 | 91% |
| Days on market | 30 | 166 | 4% |
May 7, 2026
$898,000
Initial Listing
Jan 20, 2022
$765,000
Public Record
Feb 22, 2019
$600,000
Public Record
Apr 3, 2017
$570,000
Public Record