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Welcome to the pinnacle of coastal Orange County resort living, 1 Drackert, Ladera Ranch. Masterfully redesigned in 2022, this home effortlessly melds today's leading design trends with the casual comfort of an indoor/outdoor lifestyle. Located in the 24-hour guard gated community of Covenant Hills, this rare SINGLE STORY 2,751 square feet open concept home is positioned at the end of the culdesac on a massive 9,790 square foot lot and professionally redesigned by Lauren Elder Interiors of Nashville showcasing three (optional four) oversized bedroom suites, an office and three and a half bathrooms. Entry showcases 20 foot ceilings adorned by designer wall coverings and light fixtures into a soft contemporary feel with all new custom white oak and white shaker cabinetry and built-ins throughout the home. The gorgeous open concept kitchen to the family room showcases views of a new custom interior designed wood paneled wall and fireplace along with views through multiple sets of french doors which lead to the NEWLY professionally landscaped and hardscaped massive wrap around Entertainers electronically gated dream front and backyard of sustainable living featuring European Pavers, 12 Satellites, 2 in-ground subwoofers, 1500 watt amp, Sonos surround system, a 14 x 18 Louvered Pergola including fans, lights, and cantilever over bbq remote controlled flap shade structure, custom BBQ with white oak cabinetry, wine fridge, mature olive trees, Tiger Turf, wood burning fireplace, and gorgeous lighting, ALL while facing beautiful sunset views. Other NEW upgrades include: Garage Mini-Split System (AC and Heat), Tankless Water Heater, ALL interior lighting by Currey Lighting, Visual Comfort and Circa Lighting, ALL exterior lighting from Visual Comfot, New Glass Shower Door, mirrors, All NEW shaker cabinets and hardware , lighting in bathrooms, Custom designer Window Treatments; Blinds, roman shades, and drapery, custom wallpaper, new epoxy garage flooring, custom barn door and remodeled laundry room with NEW matching fridge and washer dryer, Vivant alarm system, complete house PEX repipe and LVT flooring. Walk to award winning OSO Grande Elementary School and Covenant Hills Clubhouse and Pool, trails, waterpark and Ladera's infamous skatepark. Also included are HOA approved private pool backyard plans. HOA includes 24 hour gated security and Cox High Speed Internet!
Listing agent: Melissa Sorensen DRE #02008375 melissa.sorensen@compass.com, Listing office: Compass
MLS data updated 10/22/2026, 6:51:24 PM PT
Source: CRMLS, MLS #: OC23017623
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 24, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,100,000Closed sale · Mar 24, 2023ZIP 92694 · Mar 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.