Condo · 3 recorded sales since 2012
Listing Agent: Leon Li (DRE #02016803) · Listing Office: Harvest Realty Development · Contact: 949-668-8808 · Bought with: Mary Jafarkhani · RE/MAX Connections · MLS #OC26138878 · Source: CRMLS
3131 Michelson Drive 507 sold for $880,000 in October 2026, 5.9% under its $935,000 list price, after 63 days on the market. It was first listed at $965,000. That works out to $590 per square foot on 1,492 square feet. Across 161 closed sales in 92612 over the last 12 months, the median sold price is $1,099,888 and the median is $743 per square foot, 26% above this sale's $590. 2-bedroom rentals in 92612 currently list at a median of $4,248 a month (20 listings).
| Quarter | Closed sales in 92612 | Median sold price |
|---|---|---|
| Q1 2026 | 15 | $980,000 |
| Q2 2026 | 69 | $1,100,000 |
| Q3 2026 | 68 | $1,077,500 |
| Q4 2026 | 9 | $1,050,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Irvine · Homes for sale in 92612
Welcome to Marquee Park Place, one of Irvine's premier high-rise communities. This well-maintained residence offers comfort, convenience, and resort-style living in the heart of Irvine. The spacious floor plan features **2 bedrooms plus a dedicated office**, which can easily be used as a **third bedroom**, along with **2 upgraded full bathrooms**. The modern kitchen is equipped with granite countertops, stainless steel appliances, and a built-in refrigerator. The open-concept living and dining area features hardwood flooring and is filled with natural light from floor-to-ceiling windows. The living room opens directly to a private balcony, creating a seamless indoor-outdoor living space with beautiful views of the city skyline. Both bedrooms feature **brand-new carpet**, while the main living areas are finished with **hardwood flooring**. Additional features include a separate laundry room with a washer and dryer, as well as generous storage throughout. The home includes **two side-by-side parking spaces** and a **large private storage room** conveniently located on the parking level. Residents enjoy premium HOA amenities, including **24-hour guard-gated security**, concierge service, a resort-style pool and spa, fitness center, business center, private theater, clubhouse, and more. Ideally located in Irvine's business district, with easy access to shopping, dining, parks, major freeways, John Wayne Airport, Fashion Island, South Coast Plaza, and the beaches of Newport Coast.
Listing description from the October 2026 sale, as reported to CRMLS.
Closed sales reported in 92612, nearest first, last 12 months. All recent sales in Irvine →