
Ladera Ranch, California 92694
This Custom Covenant Hills Estate is a Strong Value Opportunity, listed at $7,499,000—positioned well below the $8,020,514 Fair Market Value by 6%. This valuation gap provides $521,514 in Instant Equity for the incoming buyer. Boasting a Pristine Condition Rating with $2M in upgrades, the residence features panoramic ocean views, a private indoor basketball court, and a resort-style saltwater pool. Located within the prestigious Capistrano Unified district, it balances elite lifestyle perks with significant financial upside. This is an ideal acquisition for Luxury Owner-Occupants or Discerning Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Thomas Road Subject | $7,499,000* List Price | 5 | 9 | 7,476 | $1,003 | - |
A 18 Mission Ridge Road Active | $6,499,999 List Price | 6 | 8 | 6,360 | $1,022 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016 and featuring over $2 million in high-end upgrades, this custom estate is in pristine condition. The property showcases a professional chef's kitchen with dual islands and top-tier Viking and Sub-Zero appliances, spa-inspired bathrooms with steam showers, and premium finishes including wire-brushed hardwood floors and walnut ceilings. With recent updates to the pool systems and outdoor kitchen, plus integrated Crestron smart home technology and solar panels, the home meets the highest modern standards with no deferred maintenance.
Situated in the exclusive guard-gated enclave of Covenant Hills, this estate offers rare, sweeping views of the canyon, mountains, and ocean, providing a high level of seclusion and prestige.
Featuring over $2 million in high-end upgrades, the home includes a professional chef’s kitchen with dual islands, a private indoor basketball court, a fitness studio, and full Crestron smart home automation.
The meticulously designed backyard functions as a private resort with a saltwater pool and spa, a comprehensive outdoor kitchen, and premium bluestone and travertine decking, perfect for high-end entertaining.
With nearly 7,500 square feet of living space and extensive luxury amenities, the property will require significant ongoing maintenance and carries a substantial $839 monthly association fee.
The massive 7,476 square foot residence occupies a large portion of the 13,869 square foot lot, which may limit traditional garden or lawn space compared to other estates in this price bracket.
Perched behind the exclusive gates of Covenant Hills, this exceptional custom estate captures some of the most spectacular views in Ladera Ranch—sweeping across the Saddleback Mountains, sparkling city lights and out toward the Pacific Ocean. Spanning approximately 7,476 square feet, this one-of-a-kind residence blends timeless architecture, warm organic-modern interiors and an extraordinary resort-inspired lifestyle. More than $2 million in thoughtful designer elements and enhancements have elevated the home while preserving its distinctive character. Wire-brushed hardwood floors, rich walnut ceilings, custom cabinetry and expansive windows create sophisticated yet inviting interiors filled with natural light and incredible views. At the heart of the home, the chef’s kitchen features dual oversized islands, marble countertops, Sub-Zero refrigerator and freezer, Viking 8-burner range with double ovens, and a charming breakfast nook beneath a coffered wood ceiling. Walls of floor-to-ceiling glass create a seamless connection to the outdoors and frame unforgettable sunsets. Step outside to a private resort featuring a saltwater pool and spa, outdoor kitchen, bluestone and travertine patios, and multiple areas for dining, entertaining and relaxing—all positioned to capture the panoramic views. Recent enhancements include a new pool heater, upgraded saltwater system, refreshed outdoor kitchen island and additional designer updates. The lower level offers amenities rarely found in a private residence, including a media and game room, fitness studio or optional bedroom, secondary kitchen and private basketball half-court. The primary suite is a private sanctuary with a custom 42-inch electric fireplace, motorized sunset shades, dual walk-in closets and spa-inspired bath with steam shower, rain shower and dual vanities. Additional spaces include an ensuite guest room, dedicated office or optional bedroom, craft/home management room and upstairs loft. Crestron smart-home automation, 34 solar panels and a four-car garage with custom built-in storage add convenience and efficiency. The estate is also offered furnished for a truly turnkey opportunity. Residents enjoy the exceptional Covenant Hills and Ladera Ranch lifestyle with award-winning schools, resort-style pools, tennis courts, parks, scenic trails, dining and shopping. Private, sophisticated and truly unforgettable, this is more than a remarkable home—it is a lifestyle that simply cannot be replicated.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 9.0 | 3.1 |
| Square foot | 7,476 | 2,777.69 |
| Lot Size | 13,869 | 5,417.381 |
| Price | $7.50M | $1.85M |
| Price per sq ft | $1.0K | $698 |
| Built year | 2016 | 2003 |
| HOA | $839.0 | $270 |
| Days on market | 187 | 55 |
Mar 6, 2026
$7,499,000
Initial Listing