3131 Michelson Drive 606, Irvine, California 92612, Irvine, - bed, bath

home-pic
ACTIVE$919,000
3131 Michelson Drive 606, Irvine, California 92612
2Beds
2Baths
1,330Sqft
100,845Lot
Year Built
2006
Close
-
List price
$919K
Original List price
$950K
Price/Sqft
-
HOA
$1,342.39
Days on market
-
Sold On
-
MLS number
OC25099620
Home ConditionGood
Features
Deck
Pool
Spa
ViewNeighborhood

About this home

Experience luxury living at its finest in the all-inclusive Marquee Park Place, ideally located in the heart of Irvine. This highly sought-after Plan C residence features two generously sized bedrooms, a versatile den—perfect as a third bedroom, home office, or yoga studio—and two full bathrooms. Recently updated, the home showcases premium LVP flooring, automated custom window shades, and a brand-new HVAC. Enjoy an array of upscale amenities including 24-hour gated security, concierge services, an elegant lobby, coffee bar, resident lounge with a full kitchen, conference room, private movie theater, business center, billiard room, state-of-the-art fitness center, heated pool and spa, and outdoor BBQ areas—perfect for entertaining. Ideally located just minutes from the University of California, Irvine (UCI), world-class shopping at South Coast Plaza and Irvine Spectrum, near fine dining, and close to all of Orange County’s most iconic beaches. HOA dues include internet, gas, trash, and water. No Mello-Roos. Two designated parking spaces and a storage locker convey with the home.

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
09/30/25
Price Change
$919,000-0.6%
09/17/25
Price Change
$925,000
06/09/25
Listing
$950,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds22
50%
Baths22
50%
Square foot1,3301,441
49%
Lot Size100,845347,709
35%
Price$919K$978K
43%
Price per square foot$691$782
19%
Built year20062006
50%
HOA$1,342.39$585
83%
Days on market149168
41%
Condition Rating
Good

The property, built in 2006, is 18 years old, placing it within the 'Good' category for age. The listing mentions 'recently updated' premium LVP flooring and a 'brand-new HVAC,' which are significant improvements. The images confirm modern LVP flooring throughout the main living areas and clean, well-maintained carpeting in the bedroom. The kitchen features stainless steel appliances and wood-tone cabinetry with dark countertops, which are functional and in good condition, though the style is not ultra-modern. Bathrooms also show well-maintained neutral tiling and wood-tone vanities. While move-in ready with no immediate renovation required and major systems updated, the overall aesthetic of the kitchen and bathrooms, while clean and functional, does not suggest a full, cutting-edge renovation within the last 5 years to qualify for an 'Excellent' score. It aligns well with a property that is well-maintained with some updated components, fitting the 'Good' criteria.
Pros & Cons

Pros

Extensive Luxury Amenities: The Marquee Park Place offers an impressive array of upscale amenities including 24-hour gated security, concierge services, a state-of-the-art fitness center, heated pool, spa, and a private movie theater, providing a resort-like living experience.
Prime Irvine Location: Ideally located in the heart of Irvine, the property boasts excellent proximity to major attractions such as UCI, world-class shopping at South Coast Plaza and Irvine Spectrum, fine dining, and iconic Orange County beaches.
Recent Interior Updates: The residence features recent upgrades including premium LVP flooring, automated custom window shades, and a brand-new HVAC system, offering modern comfort and reducing immediate maintenance needs for a buyer.
Versatile Floor Plan: The 'Plan C' layout includes two generously sized bedrooms and a versatile den, which can easily function as a third bedroom, home office, or yoga studio, catering to diverse lifestyle needs.
Comprehensive HOA Inclusions & No Mello-Roos: HOA dues cover internet, gas, trash, and water, simplifying monthly budgeting. The absence of Mello-Roos taxes is a significant financial advantage, reducing overall ownership costs.

Cons

High Association Fees: The monthly association fee of $1,342.39 is substantial and could be a significant factor for potential buyers, impacting the total monthly housing cost.
Price Reduction History: The property has undergone a price reduction from its original list price of $950,000 to $919,000, which may indicate it was initially overpriced or has faced challenges attracting buyers.
Standard Neighborhood View: While the property has a view, it is specified as a 'Neighborhood' view, which may not be as premium or command the same value as properties with panoramic city, ocean, or mountain vistas.

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