RENTED FEB 26, 2026

32 Michael Rd Ladera Ranch, CA 92694

Estimated Value: $2,411,000 - $2,706,787

5 Beds
5.5 Baths
3,858 Sq Ft
$662/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2018

Last sale price $1,262,000 $327 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $15,309 / mo

Highlights

  • Gated with Attendant
  • Private Pool
  • Clubhouse
  • Oso Grande Elementary School Rated A
  • Updated Kitchen
  • 3-minute walk to Arroyo Park

About This Home

As of February 2026

Welcome to this beautifully upgraded home for lease, ideally located on a quiet cul-de-sac in the guard-gated community of Covenant Hills in Ladera Ranch. Thoughtful upgrades throughout create a warm and inviting living space, perfect for both everyday comfort and entertaining. This elegant home features a tastefully updated kitchen with marble counter tops and upgraded LVP flooring, complemented by graceful archways that add architectural character and timeless appeal. Enjoy the benefits of fully paid solar as well as a Tesla charging wall. Offering four spacious bedrooms plus a versatile bonus room, the layout provides flexibility for a home office, playroom, or media space.The backyard is perfect for family fun, featuring a sparkling pool ideal for sunny days and memorable gatherings. Enjoy the peace and safety of cul-de-sac and gated community living, while still being close to award-winning schools, parks, trails, shopping, and dining. This well-maintained home offers the ideal blend of style, functionality, and location—an exceptional lease opportunity in one of Ladera Ranch’s most desirable neighborhoods!

Last Agent to Rent the Property

Janna Canzone

Coldwell Banker Realty Brokerage Phone: 949-735-7898 License #02137727 Listed on: 01/24/2026

Coldwell Banker Realty

Last Renter's Agent

Stephen Koen

Omni Real Estate Ventures License #01501802

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 8,149 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Solar owned by seller
  • Suburban Location

Listing and Financial Details

  • Security Deposit $11,500
  • Rent includes association dues, all utilities
  • 12-Month Minimum Lease Term
  • Available 2/15/26
  • Tax Lot 53
  • Tax Tract Number 16473
  • Assessor Parcel Number 74151123

Community Details

Overview

  • Property has a Home Owners Association
  • Larmac Association, Phone Number (949) 218-0900
  • Montanez Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

8,149 Sq Ft Lot

Parking

3

Rental Info

  • Cashiers Check: Pet Deposit, 1ST Month Rent, Security Deposit
  • Available Date: 2026-02-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 11500
  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Call, Dogs OK, Breed Restrictions, Cats OK, Number Limit, Yes
  • Total Move In Costs: 23000.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Inclusions: washer and dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant
  • Subdivision Name Other: Covenant Hills
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 74151123
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3858.00 Square Feet
  • Interior Amenities: Quartz Counters, High Ceilings, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside, Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2.98
  • Room Type: Walk-In Closet, Primary Bedroom, Main Floor Bedroom
  • Spa Features: Association, Private
  • Window Features: Blinds
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Remodeled Kitchen, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Features: Association, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available, Cable Available, Electricity Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range
  • Electric: Photovoltaics Seller Owned, 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Pickleball, Tennis Court(s), Pool, Dog Park, Barbecue, Clubhouse, Spa/Hot Tub
  • Association Name: LARMAC
  • Phone: (949) 218-0900
  • Senior Community: No
  • Community Features: Biking, Dog Park, Hiking, Street Lights, Storm Drains, Sidewalks, Suburban, Park

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
  • Lot Features: 0-1 Unit/Acre, Greenbelt
  • Lot Size Sq Ft: 8149.00
  • Lot Size Acres: 0.1871

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8149.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, All Utilities

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 16473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 11, 2018
Sold by
Ofek Holdings Lp
Bought by
Mclane Joshua Ryan and Mclane Kiera N
Seller's Agent
Georgina Ghazarian
Beverly and Company, Inc.
Buyer's Agent
Heather Tuck
Compass
List Price
$1,399,000
Sold Price
$1,262,000
Premium/Discount to List
-$137,000
-9.79%
Current Estimated Value
$2,552,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,290,447
Avg. Annual Appreciation
9.53%
Original Mortgage
$1,072,700
Outstanding Balance
$921,998
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,630,449

Purchase Details

Closed on
Sep 1, 2017
Sold by
Lewis Sylvia L and Camacho Danielle Nicole
Bought by
Lewis Sylvia L

Purchase Details

Closed on
Aug 30, 2017
Sold by
Lewis Sylvia L and Canacho Alfred
Bought by
Ofek Holdings Lp

Purchase Details

Closed on
Sep 17, 2007
Sold by
Boyd Sylvia L
Bought by
Boyd Sylvia L and Camacho Alfred

Purchase Details

Closed on
Jun 27, 2006
Sold by
Lewis Gordon
Bought by
Boyd Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,450
Interest Rate
6.55%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 15, 2006
Sold by
Centex Homes
Bought by
Boyd Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,450
Interest Rate
6.55%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Mclane Joshua Ryan -- Stewart Title
Lewis Sylvia L -- Stewart Title
Ofek Holdings Lp $824,000 Stewart Title
Boyd Sylvia L -- None Available
Boyd Sylvia L -- Commerce Title Company
Boyd Sylvia L $1,317,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclane Joshua Ryan $1,072,700
Previous Owner Boyd Sylvia L $987,450
Previous Owner Boyd Sylvia L $197,450
Closed Ofek Holdings Lp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2026 02/26/26 Rented $11,500 0.0% --
02/14/2026 02/14/26 Under Contract -- -- --
01/24/2026 01/24/26 For Rent $11,500 0.0% --
07/03/2018 07/03/18 Sold $1,262,000 -9.8% $327 / Sq Ft View Prior Sale
05/17/2018 05/17/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $1,399,000 +74.9% $363 / Sq Ft
06/30/2017 06/30/17 Sold $800,000 -15.8% $207 / Sq Ft View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $950,000 -- $246 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,210 $1,455,457 $555,093 $900,364
2024 $20,210 $1,426,919 $544,209 $882,710
2023 $19,841 $1,398,941 $533,539 $865,402
2022 $19,720 $1,369,264 $523,077 $846,187
2021 $19,050 $1,300,575 $512,821 $787,754
2020 $18,793 $1,287,240 $507,563 $779,677
2019 $18,709 $1,262,000 $497,610 $764,390
2018 $18,299 $1,200,000 $503,052 $696,948
2017 $21,475 $1,496,000 $592,473 $903,527
2016 $21,674 $1,496,000 $592,473 $903,527
2015 $19,595 $1,281,000 $461,548 $819,452
2014 $18,069 $1,118,040 $298,588 $819,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26017408

California Regional Multiple Listing Service (CRMLS)

APN: 741-511-23

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