1 Overlook Drive, Ladera Ranch, California 92694, Ladera Ranch, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$5,249,900
1 Overlook Drive, Ladera Ranch, California 92694
5Beds
8Baths
7,392Sqft
15,893Lot
Year Built
2007
Close
-
List price
$5.25M
Original List price
$6.25M
Price/Sqft
-
HOA
$815
Days on market
-
Sold On
-
MLS number
OC25146917
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s), Neighborhood
Pool
Spa
Patio
ViewCity Lights,Canyon,Hills,Mountain(s),Neighborhood

About this home

A Timeless Spanish Colonial Estate in Covenant Hills. Reward your success with an extraordinary estate designed to bring generations of joy. Nestled behind the guarded gates of Covenant Hills in Ladera Ranch, 1 Overlook Drive is a masterpiece of Spanish Colonial Revival architecture, offering breathtaking hill and canyon views and grand proportions inside and out. Set on a coveted peninsula lot at the end of a cul-de-sac—with only one direct neighbor and no homes behind—this sprawling property spans nearly 16,000 square feet of meticulously maintained grounds. A gated motor court leads to dual two-car garages, while the backyard is a private oasis, perfect for relaxation and entertaining. Enjoy sun-kissed patios, an open-air fireplace, built-in BBQ with sink, and a stunning pool and spa, all framed by lush landscaping. Nearly every room in the home opens to outdoor spaces, including Juliet balconies and covered patios. Designed by Homer Oatman, this 7,400-square-foot residence boasts five bedrooms and seven baths, blending timeless craftsmanship with modern luxury. A double-height rotunda entry welcomes you to a thoughtfully curated floor plan featuring formal living and dining rooms, a wine cellar, an executive office, and a main-level guest suite. The newly remodeled kitchen is a chef’s dream, showcasing new countertops, custom white cabinetry, an oversized island with seating, a butler’s pantry, and a walk-in pantry. A six-burner Wolf range, coffered ceilings, and a seamless flow into the family room with 16-foot glass pocket doors complete this exceptional space. Throughout the home, exquisite details include triple-stacked exposed ceiling beams, hand-painted tiles from Mexico and Spain, scalloped archways, cast fireplace surrounds, and rich wood flooring. Modern upgrades include Lutron-controlled lighting, Sonos indoor/outdoor audio, an advanced security system with cameras, Life Source water filtration, and picture-framed TVs. The grandeur continues upstairs, where a vaulted-ceiling foyer leads to a view-enhanced loft and generously sized secondary suites. The primary suite is a retreat unto itself, featuring a sitting room with a dramatic fireplace, an enormous custom walk-in closet, and a spa-like bath with dual vanities, a soaking tub, and a spacious shower. Every inch of this residence has been thoughtfully designed and meticulously maintained, creating a sanctuary of elegance, comfort, and enduring beauty. Welcome to a home that defines luxury.

Price History

Date
Event
Price
09/27/25
Price Change
$5,249,900-11.0%
08/25/25
Price Change
$5,899,000-5.6%
07/01/25
$6,248,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (145 Listings)
Beds54
78%
Baths83
99%
Square foot7,3922,225
99%
Lot Size15,8934,250
97%
Price$5.25M$1.51M
98%
Price per square foot$710$669
68%
Built year200710071007
44%
HOA$815$347
98%
Days on market127159
29%
Condition Rating
Excellent

This property, built in 2007, presents as virtually new due to its 'newly remodeled kitchen' and 'meticulously maintained' condition, as stated in the description. The images confirm a high standard of quality throughout, particularly in the kitchen and bathrooms. The kitchen features new countertops, custom white cabinetry, high-end stainless steel appliances (including a Wolf range), and modern lighting, all appearing pristine. Bathrooms showcase contemporary vanities, clean tiling, and updated fixtures, including a spa-like primary bath with a soaking tub and spacious shower. Modern upgrades like Lutron lighting and Sonos audio further enhance its appeal. The rich wood flooring, hand-painted tiles, and overall architectural details are in impeccable condition, indicating no deferred maintenance and meeting current luxury standards.
Pros & Cons

Pros

Exclusive Location & Privacy: Nestled within the guarded gates of Covenant Hills on a coveted peninsula lot at the end of a cul-de-sac, offering exceptional privacy with only one direct neighbor and no homes behind.
Breathtaking Views: Offers stunning and expansive views of hills, canyons, city lights, and mountains, enhancing the property's aesthetic appeal and value.
Exceptional Architecture & Craftsmanship: A masterpiece of Spanish Colonial Revival architecture designed by Homer Oatman, featuring exquisite details like triple-stacked exposed ceiling beams, hand-painted tiles, and scalloped archways.
Luxurious & Remodeled Kitchen: Features a newly remodeled chef’s dream kitchen with new countertops, custom white cabinetry, an oversized island, a Wolf range, butler’s pantry, and walk-in pantry.
Extensive Outdoor Living & Smart Home Features: Boasts a private backyard oasis with a pool, spa, open-air fireplace, built-in BBQ, and patios, complemented by modern upgrades like Lutron lighting, Sonos audio, and an advanced security system.

Cons

Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $6.248M to $5.2499M, which may suggest initial overpricing or challenges in market absorption.
High Monthly Association Fees: A monthly association fee of $815.0 represents a considerable ongoing expense that adds to the total cost of homeownership.
Maintenance of Extensive Features: The large lot, extensive landscaping, pool, spa, and numerous high-end systems, while luxurious, will require significant ongoing maintenance and associated costs.

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