15 Basilica Place, Ladera Ranch, California 92694, Ladera Ranch, - bed, bath

home-pic
ACTIVE$2,980,000
15 Basilica Place, Ladera Ranch, California 92694
5Beds
6Baths
4,344Sqft
9,185Lot
Year Built
2006
Close
-
List price
$2.98M
Original List price
$3M
Price/Sqft
-
HOA
$657
Days on market
-
Sold On
-
MLS number
OC25122252
Home ConditionGood
Features
Good View: City Lights, Park/Greenbelt, Hills, Mountain(s), Panoramic
Patio
ViewCity Lights,Park/Greenbelt,Hills,Mountain(s),Panoramic

About this home

Exquisite Estate in Guard-Gated Covenant Hills – Meriden Tract. Nestled in the prestigious Meriden tract of Ladera Ranch’s exclusive guard-gated Covenant Hills community, this elegantly updated estate offers the pinnacle of Southern California living. Perfectly positioned on a private, single-loaded cul-de-sac across from a charming mini park, the residence sits on a premium pool-sized lot that is 50% larger than standard, delivering both serenity and spaciousness. Spanning approximately 4,326 sq. ft., This beautifully appointed estate features 5 spacious ensuite bedrooms and 5.5 bathrooms, plus a versatile library or den. The primary suite boasts an oversized walk-in closet, creating a true retreat.Designed for exceptional entertaining, the home showcases a generous backyard with a covered outdoor atrium featuring a fireplace, a built-in BBQ station, and ample space for gatherings. The chef’s kitchen is a standout, complete with a grand center island, breakfast bar seating for up to 7, and top-tier finishes throughout.

Price History

Date
Event
Price
11/04/25
Price Change
$2,980,000-0.7%
06/01/25
Listing
$3,000,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (145 Listings)
Beds54
78%
Baths63
93%
Square foot4,3442,225
91%
Lot Size9,1854,250
89%
Price$2.98M$1.51M
88%
Price per square foot$686$669
57%
Built year200610071007
44%
HOA$657$347
94%
Days on market157159
48%
Condition Rating
Good

Built in 2006, this property is well-maintained and move-in ready. The kitchen features high-end stainless steel appliances, granite countertops, and traditional dark wood cabinetry, which, while not ultra-modern, are in excellent condition. Bathrooms are similarly well-appointed with quality finishes and show minimal wear. Flooring consists of a mix of dark wood-look planks, warm-toned large format tile (likely travertine or similar), and carpeting, all appearing clean and in good shape. Recessed lighting is prevalent throughout. The overall aesthetic is traditional and elegant, consistent with a property of its age that has been well-cared for and likely updated within the last 10-15 years, fitting the 'good' category criteria.
Pros & Cons

Pros

Exclusive Guard-Gated Community: Nestled in the prestigious Meriden tract within Ladera Ranch's exclusive guard-gated Covenant Hills, offering enhanced security, privacy, and a desirable community lifestyle.
Premium, Pool-Sized Lot: The property sits on a premium lot that is 50% larger than standard, providing ample space and the significant potential for a custom pool, enhancing outdoor living possibilities.
Luxurious & Updated Interior: This elegantly updated estate features 5 spacious ensuite bedrooms, 5.5 bathrooms, a versatile library/den, and a standout chef's kitchen with a grand center island and top-tier finishes.
Exceptional Outdoor Entertainment Space: Designed for entertaining, the generous backyard includes a covered outdoor atrium with a fireplace and a built-in BBQ station, perfect for gatherings.
Panoramic & Desirable Views: The property boasts panoramic views, including City Lights, Park/Greenbelt, Hills, and Mountains, adding significant aesthetic appeal and market value.

Cons

High Monthly Association Fees: The property is subject to a substantial monthly association fee of $657.0, which adds to the ongoing cost of homeownership.
No Existing Pool: Despite being marketed as a 'pool-sized lot,' the property does not currently feature an existing pool, requiring significant additional investment for installation if desired by a buyer.
Recent Price Adjustment: A recent price reduction from $3,000,000 to $2,980,000 could suggest initial overpricing or a need to stimulate buyer interest in the current market.

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