3131 Michelson Drive 706, Irvine, California 92612, Irvine, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$950,000
3131 Michelson Drive 706, Irvine, California 92612
2Beds
2Baths
1,330Sqft
0.08Lot
Year Built
2005
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
-
HOA
$1,341
Days on market
-
Sold On
-
MLS number
OC25165381
Home ConditionGood
Features
Good View: Courtyard
Deck
Pool
Spa
ViewCourtyard

About this home

Welcome home to Luxury Living in this prestigious unit, Irvine's finest high rise, Resort style condo at the Marquee in Park Place. Located on the West tower, with views, facing away from the freeway. The Marquee also provides extra storage space separate from the unit and side by side parking in the secure parking complex. Enjoy hotel like amenities in the Marquee with 24 hour security and full concierge services, elegant lobby, state-of-the-art fitness center, heated pool & spa, BBQs, playground, theater room, billiard room, and professional business center. This spot is also walking distance to some of the BEST restaurants in town and close to UCI, Irvine Spectrum, John Wayne Airport, and a short drive to Fashion Island, the beaches, parks and nature trails. This spacious 1,234 sq. ft home flows openly from the living room, to the dining area and then on to the balcony where you can unwind after a long day and watch some of the best sunsets and exquisite garden views. Don't miss this opportunity to enjoy the city living.

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
07/28/25
Listing
$950,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds22
50%
Baths22
50%
Square foot1,3301,441
49%
Lot Size0347,709
1%
Price$950K$978K
49%
Price per square foot$714$782
29%
Built year20052006
49%
HOA$1,341$585
83%
Days on market100168
17%
Condition Rating
Good

Built in 2005, this property falls within the 10-20 year age range for a 'Good' rating. The images reveal a well-maintained, move-in ready unit with a contemporary aesthetic. The kitchen features modern stainless steel appliances, sleek wood cabinetry, and dark granite countertops. Bathrooms are updated with modern vanities, clean tiling, and glass-enclosed showers. Hardwood flooring in the main living areas and clean carpeting in the bedrooms contribute to an overall high-quality, functional, and stylish interior with no immediate renovation needs.
Pros & Cons

Pros

Extensive Resort-Style Amenities: The Marquee offers a comprehensive suite of hotel-like amenities including 24-hour security, full concierge services, a state-of-the-art fitness center, heated pool & spa, BBQs, a playground, theater room, billiard room, and a professional business center.
Prime Location & Accessibility: Located in Irvine's prestigious Park Place, the property is within walking distance to top restaurants and offers convenient access to UCI, Irvine Spectrum, John Wayne Airport, Fashion Island, beaches, parks, and nature trails.
Desirable Unit Orientation & Parking: Situated in the West tower, the unit faces away from the freeway, ensuring quieter living, and includes valuable features like extra storage space and side-by-side parking.
Scenic Balcony Views: The balcony provides opportunities to enjoy 'best sunsets and exquisite garden views,' offering a pleasant and relaxing outdoor experience.
Modern Building Construction: Built in 2005, the condominium benefits from relatively modern construction standards, potentially reducing immediate maintenance and offering contemporary design.

Cons

High Monthly Association Fees: The substantial monthly association fee of $1341.0 represents a significant ongoing cost that potential buyers must factor into their budget.
Average Public School Ratings: While in Irvine, the assigned middle and high schools (McFadden Intermediate and Century High) have ratings of 3, which may not meet the expectations of buyers seeking top-rated public education.
Limited Private Outdoor Space: As a condominium with a small lot size (0.08 acres), the property offers minimal to no private outdoor space beyond the balcony, which might be a drawback for those desiring a private yard.

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