Seller's Agent in 2023
Timothy Wolter
Ladera Realty
(949) 338-3767
237 in this area
301 Total Sales
20 Crespi Cir Ladera Ranch, CA 92694
Estimated Value: $6,198,000 - $6,429,000
4
Beds
5.5
Baths
6,561
Sq Ft
$967/Sq Ft
Est. Value
Highlights
- Home Theater
- Private Pool
- Panoramic View
- Oso Grande Elementary School Rated A
- Primary Bedroom Suite
- 3-minute walk to Mission Hills Park
About This Home
As of October 2023Embraced by the most coveted homesite at Covenant Hills in Ladera Ranch, this extraordinary custom estate provides unobstructed 300° panoramic views of permanent open space, gently rolling hills, shimmering evening lights and distant ocean views. These breathtaking vistas enrich both the grounds and most living areas of the ultra-private Italian Revival residence, which is located behind impressive gates at the end of a tranquil cul-de-sac with only one direct neighbor. Approximately 6,561 square feet, the luxurious villa reveals four ensuite bedrooms, each with a balcony or loggia and a walk-in closet, and five- and one-half baths. A grand entry hall with high ceiling, massive arched doors and a multi-tiered staircase offers an appropriately dramatic introduction. An oversized great room is the heart of the home, opening to the backyard and a chef-worthy kitchen with two islands, a walk-in pantry, nook, stone countertops, heated floors, farmhouse sink, built-in refrigerator and a six-burner Wolf range. In the adjacent family room, a glass wall system allows it to be closed off from the rest of the home while maintaining a visual connection. Those who enjoy memorable entertaining will appreciate the residence’s inclusion of a home theater with wet bar, motorized curtains, a big screen and terraced seating. Further enrichments include a home office with layered woodwork, a salon with built-in wash station, a gym and steam room that can become a fifth bedroom, and a formal dining room with oval coffered ceiling, soffit lighting and a wine-tasting area with built-in temperature-controlled wine storage. Framing views that can reach the ocean and Catalina Island on clear days, the sumptuous primary suite presents two balconies, a retreat, fireplace, walk-in closet, resort-inspired bath with heated floors, a wet bar and a mini refrigerator. Exquisite craftsmanship is demonstrated through the inclusion of cross-vault cloister ceilings, masterful woodwork, wood flooring, New Zealand wool carpet, extensive custom built-ins, & wood-framed archways. Solar power, smart-home tech, four-zone HVAC, whole-house and individual audio systems, and garage parking for four are also featured. Nearly 16,424 sqft, the desirable promontory is home to a five-star pool with jet-stream swim current, a bubbling spa, a spacious heated loggia with outdoor kitchen & grill, and a sit-down bar with tap service. A putting green, private motorcourt & a dog run are included.
Last Agent to Sell the Property
Ladera Realty License #01384317 Listed on: 05/20/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2010
Lot Details
- 0.38 Acre Lot
- Cul-De-Sac
- Sprinkler System
- Private Yard
- Garden
- Back and Front Yard
HOA Fees
- $682 Monthly HOA Fees
Parking
- 4 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- Panoramic
- City Lights
- Woods
- Canyon
- Mountain
- Hills
- Valley
- Park or Greenbelt
- Neighborhood
Home Design
- Entry on the 1st floor
- Planned Development
- Slab Foundation
Interior Spaces
- 6,561 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Wired For Sound
- Wired For Data
- Bar
- Wainscoting
- Beamed Ceilings
- Tray Ceiling
- High Ceiling
- Recessed Lighting
- Entryway
- Family Room with Fireplace
- Great Room with Fireplace
- Home Theater
- Home Office
- Utility Room
- Laundry Room
- Home Gym
- Walk-In Pantry
- Smart Home
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Outdoor Fireplace
- Exterior Lighting
- Rain Gutters
Schools
- Oso Grande Elementary School
- Ladera Ranch Middle School
- San Juan Hills High School
Utilities
- Forced Air Zoned Cooling and Heating System
Listing and Financial Details
- Tax Lot 57
- Tax Tract Number 15985
- Assessor Parcel Number 74126308
- $11,235 per year additional tax assessments
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
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2025
Sold by
Tenerelli Franco Joseph and Ashley Christi
Bought by
Tenerelli Family Living Trust and Tenerelli
Current Estimated Value
Purchase Details
Listed on
May 20, 2023
Closed on
Oct 4, 2023
Sold by
Fwf Family Trust
Bought by
Fernandez Edward Eric and Fernandez Ruth Mireya
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
George Rozsahegyi
Coldwell Banker Realty
List Price
$5,999,000
Sold Price
$5,800,000
Premium/Discount to List
-$199,000
-3.32%
Views
194
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$4,524,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 28, 2022
Closed on
Aug 12, 2022
Sold by
Basson Family Revocable Trust
Bought by
Fwf Family Trust
Seller's Agent
Jennifer Nunnikhoven
Berkshire Hathaway HomeService
Buyer's Agent
Carol Haacker
HomeSmart, Evergreen Realty
List Price
$5,950,000
Sold Price
$5,400,000
Premium/Discount to List
-$550,000
-9.24%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Purchase Details
Closed on
Jan 9, 2009
Sold by
Clarke Gregory C and Briley Clarke Dennette M
Bought by
Trinity Land Development Llc
Purchase Details
Closed on
Dec 31, 2008
Sold by
Basson Jane
Bought by
Basson David N
Purchase Details
Closed on
Aug 3, 2007
Sold by
Dmb Ladera Llc
Bought by
Clarke Gregory C and Briley Clarke Dennette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,308,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tenerelli Family Living Trust | -- | First American Title | |
| Fernandez Edward Eric | $5,800,000 | Chicago Title Company | |
| Fwf Family Trust | $5,400,000 | California Title Company | |
| Trinity Land Development Llc | -- | Ticor Title Orange Branch | |
| Trinity Land Development Llc | -- | Ticor Title Orange Branch | |
| Basson David N | -- | Ticor Title Orange Branch | |
| Clarke Gregory C | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fernandez Edward Eric | $4,524,000 | |
| Previous Owner | Clarke Gregory C | $1,308,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2023 10/17/23 | Sold | $5,800,000 | -3.3% | $884 / Sq Ft | |
| 05/20/2023 05/20/23 | For Sale | $5,999,000 | +11.1% | $914 / Sq Ft | |
| 09/14/2022 09/14/22 | Sold | $5,400,000 | -3.6% | $823 / Sq Ft | View Prior Sale |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- | |
| 07/08/2022 07/08/22 | Price Changed | $5,600,000 | -5.9% | $854 / Sq Ft | |
| 05/28/2022 05/28/22 | For Sale | $5,950,000 | -- | $907 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $69,871 | $5,916,000 | $3,398,781 | $2,517,219 |
| 2024 | $69,871 | $5,800,000 | $3,332,138 | $2,467,862 |
| 2023 | $47,090 | $3,625,988 | $1,294,237 | $2,331,751 |
| 2022 | $45,271 | $3,398,640 | $1,623,551 | $1,775,089 |
| 2021 | $44,518 | $3,332,000 | $1,591,716 | $1,740,284 |
| 2020 | $44,326 | $3,332,000 | $1,591,716 | $1,740,284 |
| 2019 | $44,979 | $3,332,000 | $1,591,716 | $1,740,284 |
| 2018 | $43,196 | $3,135,000 | $1,394,716 | $1,740,284 |
| 2017 | $40,797 | $2,882,000 | $1,141,716 | $1,740,284 |
| 2016 | $39,474 | $2,734,430 | $994,146 | $1,740,284 |
| 2015 | $39,417 | $2,693,357 | $979,213 | $1,714,144 |
| 2014 | $40,080 | $2,693,357 | $979,213 | $1,714,144 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Wolter
-
Jeffrey Wolter
J
Seller Co-Listing Agent in 2023
Jeffrey Wolter
Ladera Realty
(949) 369-9700
28 in this area
44 Total Sales
-
George Rozsahegyi
G
Buyer's Agent in 2023
George Rozsahegyi
Coldwell Banker Realty
(626) 296-9633
1 in this area
4 Total Sales
-
Regan Beegle
Buyer Co-Listing Agent in 2023
Regan Beegle
Times Real Estate CA
(949) 836-5480
1 in this area
143 Total Sales
-
Jennifer Nunnikhoven
Seller's Agent in 2022
Jennifer Nunnikhoven
Berkshire Hathaway HomeService
(949) 291-8248
2 in this area
6 Total Sales
-
Carol Haacker
Buyer's Agent in 2022
Carol Haacker
HomeSmart, Evergreen Realty
(949) 472-1211
2 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23086540
APN: 741-263-08
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