NOT LISTED FOR SALE

2 Paniolo Rd Ladera Ranch, CA 92694

Estimated Value: $2,891,000 - $2,979,852

4 Beds
3.5 Baths
3,252 Sq Ft
$901/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $2,825,000 $869 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,915/month

52 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • View of Trees or Woods
  • Oso Grande Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of December 2024

Nestled on a large and exceptionally private corner homesite at guard-gated Covenant Hills in Ladera Ranch, this move-in-ready residence offers the rare advantages of a single-level floorplan. A virtual forest of mature trees and lush, beautifully maintained landscaping sequesters the home from its cul-de-sac neighbors and lends shade and serenity to multiple outdoor patios, seating areas and gardens. These gorgeous spaces flow easily to the interior through multiple sets of slideaway glass doors, creating a highly desirable indoor/outdoor living environment that embellishes entertaining and daily living. The one-story design is impressively sized at approximately 3,252 square feet and features four bedrooms and three- and one-half baths. Two primary suites are showcased and separate from secondary bedrooms for maximum privacy. Soothing natural light fills the home with a bright and warm ambiance, while custom French Oak hardwood flooring, distinctive archways, vaulted and beamed ceilings, fresh interior paint, and custom crown and base molding are on display. Opening to a fireplace-warmed family room with access to two patios, the kitchen hosts an oversized island with seating, handsome cabinetry, granite countertops, a walk-in pantry, built-in breakfast nook, full tile backsplash, and a top-of-the-line Thermador appliance package including a built-in refrigerator and a six-burner range. The main primary suite is introduced by an entry with built-in cabinetry and shelving and offers a sitting area, a spacious walk-in closet with custom built-ins, and a lavish bath with jetted soaking tub, separate shower, dual vanities and marble finishes. Spanning about 16,380 square feet, grounds reveal extensive custom hardscaping, with pavers finishing a long driveway, patios and walkways. Custom arbor-style patio covers and elegant fountains enhance select areas, the courtyard offers a spacious and private outdoor oasis, and a custom open-air fireplace lends a touch of enchantment to evenings with friends. One patio features a custom built-in BBQ island with Fire Magic grill and appliances, and an another presents terraced gardens complete with fruit trees. Covenant Hills is the most exclusive neighborhood within Ladera Ranch and offers a luxurious private clubhouse, swimming pools, spas, tennis, parks and trails. Residents will appreciate being close to award-winning schools, shops, restaurants, and the coastal towns of Dana Point and Laguna Beach.

Last Agent to Sell the Property

Timothy Wolter

Ladera Realty Brokerage Phone: 949-338-3767 License #01384317 Listed on: 09/24/2024

Last Buyer's Agent

Timothy Wolter

Ladera Realty Brokerage Phone: 949-338-3767 License #01384317 Listed on: 09/24/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $682 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 3,252 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Views of Woods
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Walk-in Shower

Outdoor Features

  • Spa
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • San Juan Hills High School

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 16586
  • Assessor Parcel Number 74143306
  • $9,259 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • First Service Residential HOA
  • Covenant Hills Custom Homes Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$682 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74143306
  • Year Built: 2014
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3252.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 868.70
  • Room Type: All Bedrooms Down, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Two Primaries, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Bathroom Features: Main Floor Full Bath, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Trees/Woods
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Range Hood, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 682.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Residential

Schools

  • Elementary School: Oso Grande
  • High School: San Juan Hills
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SAJUHI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 16380.00
  • Lot Size Acres: 0.3760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16380.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 83
  • Tax Tract Number: 16586
  • TaxOtherAnnualAssessmentAmount: 9258.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Dom Trust
Bought by
Victoria M Tieu Trust
Current Estimated Value
$2,928,713

Purchase Details

Closed on
Jun 26, 2014
Sold by
Warmington Legacy Associates Llc
Bought by
Tieu Victoria Monique and The Dom Trust
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Victoria M Tieu Trust -- None Listed On Document
Tieu Victoria Monique $1,153,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $2,825,000 -2.6% $869 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $2,899,900 -- $892 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,204 $2,825,000 $1,783,428 $1,041,572
2024 $23,204 $1,377,782 $498,967 $878,815
2023 $22,814 $1,350,767 $489,183 $861,584
2022 $22,884 $1,324,282 $479,591 $844,691
2021 $22,519 $1,298,316 $470,187 $828,129
2020 $22,221 $1,285,004 $465,366 $819,638
2019 $22,096 $1,259,808 $456,241 $803,567
2018 $22,034 $1,235,106 $447,295 $787,811
2017 $21,965 $1,210,889 $438,525 $772,364
2016 $21,743 $1,170,583 $429,927 $740,656
2015 $21,697 $1,153,000 $423,469 $729,531
2014 $16,194 $540,442 $540,442 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24198376

California Regional Multiple Listing Service (CRMLS)

APN: 741-433-06