3131 Michelson Drive, 304, Irvine, CA 92612
3131 Michelson Drive, 304, Irvine, CA 92612
Property Description
Welcome to Unit 304 at Marquee at Park Place, offering refined high-rise living in the heart of Irvine. This spacious 2-bedroom, 2-bath residence features approximately 1,234 square feet of open-concept living space, with a seamless flow from the living room to the dining area and private balcony. Located in the West Tower and positioned away from the freeway, the residence offers a more peaceful setting along with pleasant garden and sunset views. The unit includes side-by-side parking in the secured garage and separate additional storage. Residents of Marquee enjoy a full collection of resort-style amenities, including 24-hour security, concierge service, an elegant lobby, fitness center, heated pool and spa, BBQ area, playground, theater room, billiard room, and professional business center. Ideally located within walking distance to popular dining and shopping at Park Place, and just minutes from UCI, John Wayne Airport, Irvine Spectrum, Fashion Island, local beaches, parks, and nature trails. Unit 304 offers the convenience of city living combined with the comfort and amenities of a luxury residential community.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Irvine · Condominium
Listed 6.4% above the median closed sale of $865,000. Price per sqft ($746) is a 14% premium to closed comps ($657).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2408 Watermarke Place | Irvine | 2005 | 2 | 2 | 1,260 | 473,967 | $713 | $899,000 | 206 | 93 |
| 127 Jadestone | Irvine | 2004 | 2 | 3 | 1,234 | 62,762 | $956 | $1.18M | 132 | 90 |
| 1218 Nolita | Irvine | 2018 | 2 | 2 | 1,075 | 115,997 | $781 | $840,000 | 116 | 86 |
| 3044 Scholarship | Irvine | 2008 | 2 | 2 | 1,477 | 0 | $718 | $1.06M | 248 | 85 |
| 68 Rose Arch | Irvine | 2014 | 2 | 3 | 1,441 | 0 | $686 | $988,000 | 128 | 80 |
| Total: 5 · Average | 2.0 | 2.4 | 1,297.4 | 217,575.333 | $770.8 | $993,400 | 166 | |||
| Median | 1,260 | $988,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3422 Watermarke | Irvine | 2003 | 10/09/2026 | 2 | 2 | 1,260 | 473,967 | $849,000 | $820,000 | $651 | 0.97 | 44 | 95 |
| 33 Silverado | Irvine | 2010 | 10/01/2026 | 2 | 2 | 1,239 | 0 | $849,880 | $835,000 | $674 | 0.98 | 41 | 95 |
| 23 Poppy | Irvine | 2001 | 09/29/2026 | 2 | 2 | 1,371 | 12,859 | $899,900 | $870,000 | $635 | 0.97 | 157 | 91 |
| 106 Nature Walk | Irvine | 2018 | 10/01/2026 | 2 | 2 | 1,178 | 0 | $900,000 | $865,000 | $734 | 0.96 | 48 | 90 |
| 3131 Michelson Drive | Irvine | 2006 | 10/01/2026 | 2 | 2 | 1,492 | 0 | $935,000 | $880,000 | $590 | 0.94 | 95 | 89 |
| Total: 5 · Average | 2.0 | 2.0 | 1,308 | 243,413 | $854,000 | $854,000 | $656.8 | — | 77 | ||||
| Median | 1,260 | $865,000 | $865,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.