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
5,100Sqft
12,561Lot
Year Built
2005
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$587
HOA
$610
Days on market
-
Sold On
-
MLS number
IG25153507
Home ConditionExcellent
Features
Good View: City Lights
Pool
Patio
ViewCity Lights

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $3.00M(90th), sqft - 5100(98th), 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 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 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
Excellent

This property, built in 2005, has undergone extensive recent renovations, as explicitly stated in the description. Key areas like the kitchen feature 'new spacious cabinets, countertops,' and bathrooms are 'renovated.' The flooring has been updated with 'new tile flooring on first floor and wood flooring on 2nd level.' The images support a modern, well-maintained aesthetic, indicating that all visible components are new or virtually new, meeting current quality standards. While major system updates (HVAC, plumbing, solar) are not explicitly detailed, the comprehensive interior renovations align with the 'extensively renovated within 5 years' criterion for an excellent score. The incomplete pool is a backyard project, not a reflection of the home's interior condition.
Pros & Cons

Pros

Exclusive Guard-Gated Community: Located in the exclusive guard-gated community of Covenant Hills, offering enhanced security, prestige, and a desirable living environment.
Extensive Recent Renovations: The home has been newly renovated with new spacious kitchen cabinets, countertops, renovated bathrooms, and new tile/wood flooring, providing a modern and updated interior.
Large Estate Home on Private Lot: A substantial 5100 square feet of living space on an oversized 12,561 square feet private cul-de-sac lot, offering ample room and privacy.
Abundant Community Amenities: Residents can embrace the Ladera Ranch lifestyle with access to amazing neighborhood amenities including hiking trails, a private water park, skate park, resort-like pools, and clubhouses.
Desirable City Lights View: The property boasts a 'City Lights' view, adding to its aesthetic appeal and potential value.

Cons

Incomplete Backyard Pool: The pool in the backyard is only '50% complete' with approved plans, meaning the buyer will incur additional significant costs and effort to finish the construction.
High Monthly Association Fees: The property has a relatively high association fee of $610.0, which adds a substantial recurring cost to homeownership.
Unspecified Major System Updates: While interior aesthetics are renovated, the description does not explicitly mention updates to major systems like HVAC, plumbing (e.g., repiping), or the presence of solar, which are features highlighted in several comparable properties and could represent future costs or a competitive disadvantage.

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