NOT LISTED FOR SALE

24 Sky Ranch Rd Ladera Ranch, CA 92694

Estimated Value: $5,253,416 - $5,903,000

5 Beds
5.5 Baths
5,570 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $5,200,000 $934 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $35,211/month

23 Days on Market

Highlights

  • Gated with Attendant
  • Private Pool
  • Panoramic View
  • Oso Grande Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of September 2023

2023 Newly Constructed Modern Masterpiece in the most sought after 24-hr gated community of Covenant Hills, offering an unparalleled blend of Contemporary, Innovative, and Epitome of Luxury. Proudly situated on the south side of Sky Ranch Road, this Mediterranean style custom home enjoys 180 degrees of panoramic city and mountain views. Walk through the artistically designed yard with tile paved path, water fountain and palm trees, and enter the 10’ customized double front door, you will be greeted at the open entry hall by a floating glass staircase, and 22’ tall soaring ceiling. The RH inspired formal dining room is featured with wood wall paneling, in-ceiling speakers, build-in cabinetry, and uses the water fall feature in the courtyard as its backdrop. Gourmet Chef’s kitchen with center island and breakfast table is offering two color toned cabinetry with soft closing doors and drawers, honed countertop slab, tile backsplash that extends to the ceiling, and wifi-enabled Sub-zero/Wolf stainless steel appliances. The enclosed prep-kitchen is ready for extra heavy-duty cooking. Expansive family room is centered on the main floor, highlighted by beamed ceiling, see-through fireplace, and 4 panel glass sliding door. In addition, a full guest suite, and a private office and a separate 360 sqft multi-purpose den completes the first floor. Upstairs is synthetically composed by a bright loft, 3 ensuite secondary bedrooms, and the romantic Primary Suite with a fireplace, private balcony overlooking breathtaking views, the enclosed closets with LED lined cabinets, and spa-like bath with accent tile detail, soaking tub, and massive glass double shower. Ladera Ranch offers state of the art suburban lifestyle that focuses on families, with blue ribbon schools, exclusive water park, countless pools, skate park, sport courts, clubhouses, library, hiking trails and many more.

Last Agent to Sell the Property

Miles Zhao

Keller Williams Realty Irvine License #01942635 Listed on: 08/08/2023

Keller Williams Realty Irvine

Co-Listed By

Fiona Zheng

eXp Realty of Greater Los Angeles, Inc. License #02050608

Last Buyer's Agent

Mira Sater

The Ritz Real Estate Inc License #01774339

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 0.27 Acre Lot
  • Density is 2-5 Units/Acre

HOA Fees

  • $787 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,570 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Loft
  • Game Room
  • Vinyl Flooring
  • Smart Home
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rear Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 15988
  • Assessor Parcel Number 74140333
  • $6,111 per year additional tax assessments

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • Covenant Hills Custom Homes Subdivision
  • Foothills

Amenities

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

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$787 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerators, Washer, Dryer
  • Property Attached: No
  • Security: Gated with Attendant
  • Subdivision Name Other: Covenant Hills Custom Homes (COVC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74140333
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5570.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Home Automation System, Open Floorplan, Quartz Counters, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 933.57
  • Room Type: Entry, Family Room, Galley Kitchen, Game Room, Great Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Private, Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Main Floor Full Bath, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Deck, Rear Porch
  • Pool Features: Private, Association
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater Central
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court, Hiking Trails, Clubhouse, Utilities, Guard
  • Association Fee: 787.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Foothills, Hiking, Park, Sidewalks, Street Lights, Suburban
  • Association Management: LARMAC

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: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11857.00
  • Lot Size Acres: 0.2722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11857.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 41
  • Tax Tract Number: 15988
  • TaxOtherAnnualAssessmentAmount: 6111.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 8, 2023
Sold by
Hou Yi
Bought by
Topview Investment Llc
Seller's Agent
Miles Zhao
Keller Williams Realty Irvine
Buyer's Agent
Mira Sater
The Ritz Real Estate Inc
List Price
$5,450,000
Sold Price
$5,200,000
Premium/Discount to List
-$250,000
-4.59%
Views
126
Current Estimated Value
$5,608,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,854
Avg. Annual Appreciation
3.39%
Original Mortgage
$100,000
Outstanding Balance
$97,930
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$5,510,924

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 7, 2023
Sold by
Topview Investment Llc
Bought by
Almeida & Fagundes Living Trust and Almeida
Seller's Agent
Miles Zhao
Keller Williams Realty Irvine
Buyer's Agent
Mira Sater
The Ritz Real Estate Inc
List Price
$5,450,000
Sold Price
$5,200,000
Premium/Discount to List
-$250,000
-4.59%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$97,930
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$5,510,924

Purchase Details

Closed on
Apr 7, 2023
Sold by
Zheng Qiao
Bought by
Hou Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2016
Closed on
May 1, 2017
Sold by
Dmb Ladera Llc
Bought by
Topview Investment Llc
Seller's Agent
Mary Kontra
Surterre Properties Inc.
Buyer's Agent
april kang
Real Estate Ebroker Inc
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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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
Topview Investment Llc -- Fidelity National Title
Almeida & Fagundes Living Trust $5,200,000 Fidelity National Title
Hou Yi -- Provident Title
Hou Yi -- Provident Title
Hou Yi -- Provident Title
Topview Investment Llc $750,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almeida & Fagundes Living Trust $100,000
Previous Owner Hou Yi $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $5,200,000 -4.6% $934 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $5,450,000 +626.7% $978 / Sq Ft
06/05/2017 06/05/17 Sold $750,000 -11.8% -- View Prior Sale
04/18/2017 04/18/17 Pending -- -- --
09/26/2016 09/26/16 For Sale $850,000 -- --
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 $61,492 $5,304,000 $2,995,688 $2,308,312
2024 $61,492 $5,200,000 $2,936,949 $2,263,051
2023 $31,859 $2,335,989 $836,638 $1,499,351
2022 $14,342 $820,234 $820,234 $0
2021 $14,114 $804,151 $804,151 $0
2020 $13,971 $795,906 $795,906 $0
2019 $14,146 $780,300 $780,300 $0
2018 $14,029 $765,000 $765,000 $0
2017 $3,702 $327,575 $327,575 $0
2016 $3,659 $321,152 $321,152 $0
2015 $3,589 $316,328 $316,328 $0
2014 $3,592 $310,132 $310,132 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23146829

California Regional Multiple Listing Service (CRMLS)

APN: 741-403-33