#OC25094231, Julian Channels, Listing office: West Capital Real Estate
#OC25166343·
Listing office: Real Broker·
Listing agent: Kaige Zhao·
Listing office phone: 949-501-5096
$1,260,000 List price
3131 Michelson Dr Unit 503 Irvine, CA 92612
2 beds
2 full
1,583 sqft
2.3 acres
$796 / sqft
Condo
Property details
About 3131 Michelson Dr Unit 503
Most luxurious high-rise residences in Irvine, located in the highly sought-after Marquee Park Place community. This meticulously maintained unit features two spacious bedrooms plus an office that can easily serve as aTHIRD bedroom. It offers two upgraded full bathrooms and a modern kitchen with granite countertops, stainless steel appliances, and a custom built-in refrigerator. The open-concept layout connects seamlessly to the living area, creating a bright and contemporary atmosphere. The living room is enhanced by floor-to-ceiling windows that bring in abundant natural light and offer expansive views. The unit also provides generous storage space, a dedicated laundry room with nearly-new washer and dryer, and newly replaced toilets in both bathrooms. Step outside to a private terrace with stunning views of the city skyline and community pool. Included are two side-by-side parking spaces and a large storage room located on the parking level. The HOA offers an array of upscale amenities, including 24-hour guarded gate access, concierge service, resort-style pool and spa, fitness center, business center, private movie theater, clubhouse, and more. Prime location in the heart of Irvine’s business district—close to top-rated schools, parks, shopping centers, Fashion Island, and just minutes from the beaches of Newport Coast.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,583 sqft
Lot size2.3151 Acres
Year built2006
ParkingAssigned, Direct Access, Garage, Guest, Gated, Side By Side
MLS #OC25166343
Garage2 spaces
FireplaceLiving Room
ViewPark, Pool
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Dryer, Washer
- Interior: Balcony, Open Floorplan, Storage, Trash Chute, Jack and Jill Bath, Walk-In Closet(s)
- Fireplace: Living Room
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Assigned, Direct Access, Garage, Guest, Gated, Side By Side
- View: Park, Pool
- Heating: Central
- Cooling: Central Air
- List Price: $1,260,000
- Price/SqFt: $795
- HOA Amount: $1145 Monthly
- Annual Tax Amount: $11,715
- Tax Year: 2024
- Directions: Head northwest on Spectrum Center Dr toward the 405 freeway.Merge onto I-405 North via the ramp on the left toward Santa Ana.take Exit 7A to Michelson Dr heading west.Continue west on Michelson Dr.Arrive at 3131 Michelson Dr on your right.
- Year Built: 2006
- Stories: 18
- Living Area: 1,583 SqFt
- Lot Size: 2.3151 Acres
- MLS Number: OC25166343
- MLS Name: CRMLS
- Office Name: Real Broker
- Office Phone: (949) 501-5096
- Listing Agent: Kaige Zhao
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/27/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 07, 2022 | Home Sold | $1,025,000 |
| Jan 22, 2018 | Home Sold | $713,000 |
| Feb 28, 2013 | Home Sold | $385,000 |
| Feb 10, 2006 | Home Sold | $811,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,045,500 | $11,715 |
| 2023 | $1,025,000 | $11,434 |
| 2022 | $764,479 | $8,560 |
| 2021 | $749,490 | $8,351 |
| 2020 | $741,805 | $8,375 |
| 2019 | $727,260 | $7,387 |
| 2018 | $663,000 | $7,387 |
| 2017 | $546,435 | $6,170 |
History based on county public records data.
Nearby schools
7
Westpark Elementary School
Public District KG-6
1.0 mi
•25 San Carlo
8
Culverdale Elementary School
Public District KG-6
1.2 mi
•2 Paseo W Park
7
University Park Elementary School
Public District KG-6
1.6 mi
•4572 Sandburg Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $79,111. Most Irvine, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
40%
35k-100k
31%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
3%
Single, with Kids
18%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
1%
12-17 yrs old
52%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3131 Michelson Dr Unit 503
The listing price of 3131 Michelson Dr Unit 503 property is $1,260,000.
The property 3131 Michelson Dr Unit 503 is a condo located in Irvine, California, 92612.
Active Listing: 3131 Michelson Dr Unit 503 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3131 Michelson Dr Unit 503 are: Westpark Elementary School (GreatSchools Rating 7/10), Culverdale Elementary School (GreatSchools Rating 8/10), University Park Elementary School (GreatSchools Rating 7/10), South Lake Middle School (GreatSchools Rating 8/10), Rancho San Joaquin Middle School (GreatSchools Rating 8/10), Plaza Vista K-8 School (GreatSchools Rating 7/10), California Pacific Charter- los Angeles (GreatSchools Rating 6/10), Creekside High School (GreatSchools Rating 4/10), Alternative Education-San Joaquin High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $11,715 (source: MLS/based on county public records data).
The last sale was on July 7, 2022 for $1,025,000 (source: MLS/tax record).
The property at 3131 Michelson Dr Unit 503 has 2 bedrooms and 2 bathrooms.
The property 3131 Michelson Dr Unit 503 is 1,583 SqFt (source: MLS/tax record).
The year of construction for 3131 Michelson Dr Unit 503 is 2006.
This home is located at 3131 Michelson Dr Unit 503 in Irvine, CA and zip code 92612 in the Irvine Business Complex neighborhood. This 1,583 square foot home, which was built in 2006, sits on a 2.32 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $1,260,000.
In June 2025 more than 32 listings in Irvine, CA were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 99 were sold below. The inventory of homes for sale in Irvine, CA between May and June 2025 increased by 13.2%. While the average time on the market in June 2025 was 30 days, the median list price was $1,580,000.
From Rocket Homes Real Estate and based on county public records data.