18 Elissa, Ladera Ranch, California 92694, Ladera Ranch, - bed, bath
ACTIVE$2,895,000
18 Elissa, Ladera Ranch, California 92694
5Beds
6Baths
5,100Sqft
12,561Lot
Year Built
2005
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
-
HOA
$610
Days on market
-
Sold On
-
MLS number
IG25216451
Home ConditionExcellent
Features
View-
About this home
Beautiful estate home on a private lot tucked at the end of a small cul de sac in the exclusive guard gated community of Covenant Hills. This newly renovated fabulous home features 5100 square feet of living space with 5 bedrooms, 6 bathrooms, 3 car garage and oversized 12,561 square feet coroner lot. This home is newly renovated with new spacious kitchen cabinets, countertops. Renovated bathrooms and new tile flooring on first floor and wood flooring on 2nd level. Don't miss your opportunity to embrace the Ladera Ranch lifestyle filled with amazing neighborhood.
Price History
Date
Event
Price
09/12/25
Listing
$2,895,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (147 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 78% |
| Baths | 6 | 3 | 93% |
| Square foot | 5,100 | 2,225 | 97% |
| Lot Size | 12,561 | 4,250 | 96% |
| Price | $2.9M | $1.51M | 89% |
| Price per square foot | $568 | $669 | 9% |
| Built year | 2005 | 10071007 | 40% |
| HOA | $610 | $349 | 89% |
| Days on market | 54 | 159 | 5% |
Condition Rating
Excellent
Built in 2005, this property has been 'newly renovated' with a new spacious kitchen featuring updated cabinets and countertops, renovated bathrooms, and new tile and wood flooring throughout. These extensive updates bring the property to current quality standards, indicating virtually new components and minimal physical depreciation, despite the original build year.
Pros & Cons
Pros
Exclusive Guard-Gated Community: Located in the prestigious Covenant Hills, a guard-gated community, offering enhanced security, exclusivity, and a desirable neighborhood environment.
Extensive Recent Renovation: The home has been newly renovated, featuring a spacious new kitchen with updated cabinets and countertops, renovated bathrooms, and new tile and wood flooring, ensuring a modern and move-in ready condition.
Generous Living Space: Boasting 5100 square feet of living space with 5 bedrooms and 6 bathrooms, this estate home provides ample room for a large family and entertaining.
Private, Oversized Lot: Situated on a private, oversized 12,561 square feet cul-de-sac lot, offering enhanced privacy and significant outdoor potential.
Strong Value Proposition: The current listing price is approximately 15% below the estimated property value, indicating a potentially attractive investment opportunity or immediate equity for the buyer.
Cons
Significant Monthly Association Fees: The $610.0 monthly association fee represents a considerable ongoing cost that potential buyers must factor into their budget.
Absence of Desirable Views: The property explicitly states 'view: None,' which may be a disadvantage for buyers seeking scenic vistas, especially in a luxury market.
Unspecified Luxury Outdoor Amenities: Despite the oversized lot, the description does not detail high-end outdoor features such as a pool, spa, or elaborate entertaining spaces, which might be anticipated in an estate home of this caliber.