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3131 Michelson Drive, 406, Irvine, CA 92612

$950K2bd · 2ba · 1,375 sqft
Lot 100,845 sqft•HOA $1342/mo•Condominium•
Active
•111d on market•MLS# OC-26153970

Property Description

Luxury high-rise living at its finest in the prestigious Marquee Park Place community. This impeccably maintained residence features 2 spacious bedrooms plus a versatile office/den that can easily serve as a third bedroom, 2 full bathrooms, and an open-concept floor plan filled with natural light. The gourmet kitchen offers granite countertops, stainless steel appliances, and a custom built-in refrigerator. Floor-to-ceiling windows frame stunning city skyline views and from the balcony you can enjoy beautiful sunsets. Additional highlights include abundant storage, a dedicated laundry closet with stacking washer and dryer, two side-by-side parking spaces, and a large private storage room. Residents enjoy 24-hour guard-gated security, concierge service, pool, spa, fitness center, business center, private theater, clubhouse, and more. Prime Irvine location near award-winning schools, premier shopping, dining, John Wayne Airport, Fashion Island, South Coast Plaza, and the beaches of Newport Coast.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
City Lights
City
Irvine
Zip Code
92612
County
Orange
Listed byAnvil Real Estate, Melody Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,803.72
Principal & Interest
Loan Amount
$760,000
Total Interest
$969,338
Total Payment Over 30 Years
$1,729,338
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

3131 Michelson Drive, 406, Irvine, CA 92612

Irvine · Condominium

$950K
Affordable Tier
Beds
2
Baths
2
Sqft
1,375
Lot
2.32 ac
Year
2005
$/Sqft
$691
Pool: No✓
View: city✓
Garage: 2-car✓

Listed 7.3% below the median closed sale of $1,025,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $950K· $691/sqft
Total list price
Closed comps
vs closed median $1.02M
−$75K (−7.3%)
Active comps
vs active median $890K
+$60K (+6.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $692
−$1 (−0.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3131 Michelson DriveIrvine2005221,2340$728$898,0004694
21 GramercyIrvine2011221,25265,626$711$890,0009291
21 GramercyIrvine2011221,47465,626$577$850,0008190
145 BoweryIrvine2019221,48311,556$661$980,0006388
1502 NolitaIrvine2018221,088115,997$781$849,9886588
Total: 5 · Average2.02.01,306.264,701.25$691.6$893,597.669.4
Median1,252$890,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3131 Michelson DriveIrvine200610/01/2026221,4920$935,000$880,000$5900.949697
3141 MichelsonIrvine200608/12/2026221,249100,845$1.13M$1.06M$8490.945196
3141 MichelsonIrvine200606/09/2026221,367100,845$1.02M$1.02M$7501.005495
21 GramercyIrvine200710/29/2026221,47465,626$925,000$870,000$5900.942894
3131 Michelson DriveIrvine200607/01/2026221,583100,845$1.12M$1.08M$6850.9716592
Total: 5 · Average2.02.01,43392,040.25$984,000$984,000$692.8—78.8
Median1,474$1.02M$1.02M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.