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18 Elissa Lane, Ladera Ranch, California 92694, Ladera Ranch, 92694 - 5 bed, 6 bath

18 Elissa Lane, Ladera Ranch, California 92694 home-pic-0
ACTIVE$2,995,000
18 Elissa Lane, Ladera Ranch, California 92694
5Beds
6Baths
4,987Sqft
12,561Lot
Year Built
2005
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$601
HOA
$500
Days on market
-
Sold On
-
MLS number
IG25086457
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.00M(90th), sqft - 4987(97th), beds - 5(78th), baths - 6(93th).

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 4987 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 amenities like hiking trails, private water park, private skate park & resort like pools & clubhouses. Pool in backyard is 50% complete, plans are approved.

Condition Rating
Good
The property, built in 2005, has undergone extensive recent renovations including new kitchen cabinets, countertops, renovated bathrooms, and new flooring throughout, making the interior virtually new and move-in ready. However, the backyard pool is explicitly stated as '50% complete' in the description and shown unfinished in multiple images, which prevents an 'Excellent' rating as it requires significant immediate work and investment from the buyer.
Pros & Cons

Pros

Exclusive Guard-Gated Community: Located in the prestigious Covenant Hills, offering enhanced security, privacy, and a desirable address.
Extensive Recent Renovations: The home boasts newly renovated kitchen cabinets, countertops, updated bathrooms, and new tile/wood flooring, providing a modern and fresh interior.
Generous Living Space: With 4987 square feet, 5 bedrooms, and 6 bathrooms, the property offers ample space for comfortable living and entertaining.
Oversized & Private Corner Lot: Situated on a large 12,561 square foot corner lot at the end of a cul-de-sac, ensuring privacy and expansive outdoor potential.
Premium Community Amenities: Residents benefit from the extensive Ladera Ranch lifestyle amenities, including hiking trails, a private water park, skate park, pools, and clubhouses.

Cons

Incomplete Backyard Pool: The backyard pool is only 50% complete, requiring the new owner to invest significant time and capital to finish the project.
Lack of Views: The property description indicates 'None' for views, which may be a drawback for buyers seeking scenic vistas in a luxury home.
Listing Price vs. Estimated Value: The current list price is higher than the property's estimated value, which could suggest it is slightly overpriced or requires strong justification.

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