15 Basilica Place, Ladera Ranch, California 92694, Ladera Ranch, 92694 - 5 bed, 6 bath
15 Basilica Place
Ladera Ranch, California 92694
Property Price
SUMMARY
Analysis of 15 Basilica Place, Ladera Ranch, California 92694 reveals a property with a current list price of $2,980,000, which is 4% above the estimated $2,852,185 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Ladera Ranch Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Basilica Place Subject | $2,980,000* List Price | 5 | 6 | 4,344 | $657 | - |
A 15 Pisano Street Sold | $2,385,000 | 5 | 5 | 4,574 | $521 | 0.5 mi |
B 19 Basilica Place Sold | $3,415,000 | 5 | 6 | 4,673 | $731 | 0.0 mi |
C 19 Dennis Lane Sold | $2,960,000 | 5 | 6 | 4,987 | $594 | 0.5 mi |
D 21 Alexa Sold | $3,719,000 | 6 | 7 | 4,921 | $756 | 0.3 mi |
E 37 Craftsbury Place Sold | $2,600,000 | 5 | 5 | 4,354 | $597 | 0.6 mi |
F 5 Maremma Lane Sold | $3,175,000 | 4 | 4 | 4,600 | $690 | 0.4 mi |
G 3 Kent Ct Court Active | $3,295,000 List Price | 5 | 6 | 4,500 | $732 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is an elegantly updated estate that is move-in ready. The kitchen features top-tier stainless steel appliances, granite countertops, and well-maintained dark wood cabinetry, while the bathrooms are clean, spacious, and in excellent condition with consistent tile and vanity styles. The home shows minimal wear and tear, with fresh paint, good quality flooring (wood and tile), and modern lighting throughout, indicating regular upkeep and recent updates.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive Guard-Gated Community
Nestled in the prestigious Meriden tract within the guard-gated Covenant Hills, this estate offers enhanced security, privacy, and a highly desirable, upscale community environment.
- Expansive & Luxurious Living Space
Spanning 4,326 sq. ft., the home features 5 spacious ensuite bedrooms, 5.5 bathrooms, a versatile library/den, and an oversized primary suite, providing ample room and comfort.
- Exceptional Outdoor Entertainment
Situated on a premium, pool-sized lot (50% larger than standard), the property boasts a generous backyard with a covered outdoor atrium, fireplace, and built-in BBQ station, perfect for entertaining.
CONSRISKS & DEFICIENCIES
- Substantial Monthly Association Fees
The property incurs a high monthly association fee of $657, which is a significant ongoing cost for potential buyers.
- Recent Price Adjustment
A slight reduction from the original list price ($3,000,000 to $2,980,000) may indicate initial overpricing or a strategic move to attract more buyer attention.
- Unspecified Cooling System
The property description does not explicitly mention a central cooling system, which is a standard expectation for a luxury home of this caliber in Southern California.
About 15 Basilica Place
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 9,185 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $657.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 6.0 | 3.0 | 92% |
| Square foot | 4,344 | 2,269 | 91% |
| Lot Size | 9,185 | 4,105 | 88% |
| Price | $2.98M | $1.50M | 92% |
| Price per sq ft | $686 | $639 | 66% |
| Built year | 2006 | 2015 | 37% |
| HOA | $657.0 | $330 | 91% |
| Days on market | 279 | 184 | 89% |
Pricing History
Listed for Sale
Nov 4, 2025
$2,980,000
$3,000,000
-1% Price Drop
Initial Listing
Price Change
Jun 1, 2025
$3,000,000
Initial Listing