3131 Michelson Dr 1206, Irvine, California 92612, Irvine, - bed, bath

home-pic
ACTIVE$1,170,000
3131 Michelson Dr 1206, Irvine, California 92612
2Beds
2Baths
1,330Sqft
Lot
Year Built
2005
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
-
HOA
$1,340
Days on market
-
Sold On
-
MLS number
TR25098721
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)

About this home

Welcome to enjoy urban living in this well maintained two-bedroom, two-bathroom plus den unit at Marquee at Park Place. It is on the 12th floor, breathtaking city light views and a thoughtfully designed open layout. The gourmet kitchen is outfitted with GE Monogram stainless steel appliances, granite countertops, and rich dark wood cabinetry, hardwood flooring for great room, dining room, bedrooms and den. The community offers an array of resort-style amenities, including 24-hour gated security, concierge services, a hotel style lobby, a complimentary coffee bar, a conference room, a fully equipped fitness center, a sparkling swimming pool, a spa, an outdoor BBQ area, and a children’s playground. The HOA covers water, gas, trash, and internet. walking distance to super market, shops and famous dining, and just minutes from UC Irvine, John Wayne Airport, South Coast Plaza, Fashion Island, Irvine Spectrum, and the 405 Freeway. Don't miss this opportunity.

Nearby schools

4/10
Monroe Elementary School
Public,K-53.0mi
3/10
Mcfadden Intermediate School
Public,6-84.0mi
3/10
Century High School
Public,9-123.9mi

Price History

Date
Event
Price
06/12/25
Listing
$1,170,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds22
50%
Baths22
50%
Square foot1,3301,441
49%
Lot Size0473,967
Price$1.17M$980K
64%
Price per square foot$880$784
76%
Built year20052006
49%
HOA$1,340$585
83%
Days on market146168
40%
Condition Rating
Good

Built in 2005, this unit is 19 years old and falls within the 'good' category's age range. The property is described as 'well maintained' and appears move-in ready with no immediate renovations required. The kitchen features high-end GE Monogram stainless steel appliances, granite countertops, and dark wood cabinetry, which, while reflecting the style of its build year, are in excellent condition and fully functional. Hardwood flooring throughout the main living areas and bedrooms is a premium feature and appears well-kept. Light fixtures are a mix of recessed and modern styles. The overall condition, including the common areas shown, suggests minimal wear and tear, with major systems expected to be functional and within their expected lifespan.
Pros & Cons

Pros

Prime Location & Accessibility: The property boasts an excellent urban location, within walking distance to supermarkets, shops, and dining, and just minutes from UC Irvine, John Wayne Airport, major shopping centers (South Coast Plaza, Fashion Island, Irvine Spectrum), and the 405 Freeway.
Breathtaking City Views: Situated on the 12th floor, the unit offers stunning, breathtaking city light and mountain views, enhancing its appeal and providing a desirable living experience.
Luxury Interior Finishes: The unit features a gourmet kitchen with GE Monogram stainless steel appliances, granite countertops, rich dark wood cabinetry, and hardwood flooring throughout the great room, dining room, bedrooms, and den, indicating high-quality finishes.
Extensive Resort-Style Amenities: The community provides an impressive array of resort-style amenities including 24-hour gated security, concierge services, a hotel-style lobby, coffee bar, conference room, fitness center, swimming pool, spa, outdoor BBQ area, and children’s playground.
Comprehensive HOA Coverage: The HOA covers essential utilities such as water, gas, trash, and internet, which adds significant value and simplifies monthly budgeting for residents.

Cons

High Monthly HOA Dues: The association fee of $1,340.00 per month is substantially high, which could be a significant financial burden and impact the property's overall affordability and market appeal to some buyers.
Lack of Private Outdoor Space: As a high-rise condominium unit, it inherently lacks a private yard or significant personal outdoor space, which may not appeal to buyers seeking a more traditional home with private green areas.
Potential for Urban Noise/Density: Despite being on the 12th floor, its urban setting means potential exposure to city noise and a higher density living environment, which might not suit those preferring a quieter, more secluded lifestyle.

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