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Welcome to the pinnacle of resort-style living in coastal Orange County—1 Drackert Lane, Ladera Ranch. Nestled at the end of a cul-de-sac in the exclusive 24-hour guard-gated community of Covenant Hills, this rare single-story, 2,751 square foot home sits on a spacious 9,790 square foot lot and was professionally redesigned in 2022 by Lauren Elder Interiors of Nashville. The open-concept floor plan offers three oversized bedroom suites (optional fourth), an office, and 3.5 bathrooms, a soaring 20-foot ceiling entrance with designer wall coverings and light fixtures, and custom white oak and shaker cabinetry throughout. The stunning kitchen and family room open to a showpiece interior wood-paneled fireplace wall and multiple French doors leading to a fully gated entertainer’s dream yard distinctively created by J.Armstrong Landscape Design featuring European pavers, a 14x18 louvered pergola with fans and lighting, Sonos surround sound with 12 satellites, 2 in-ground subwoofers, a 1500-watt amp, custom BBQ island with white oak cabinetry and wine fridge, TigerTurf lawn, mature olive trees, a wood-burning fireplace, and beautiful sunset views. Additional upgrades include a garage mini-split system (AC/heat), tankless water heater, PEX repipe, LVT flooring, epoxy garage floors, Vivint security system wiring, designer lighting by Currey & Co., Visual Comfort, and Circa, custom window treatments, wallpaper, barn door, remodeled laundry room with matching appliances, and updated baths. Located near Oso Grande Elementary, community clubhouse, pool, waterpark, skatepark, and trails. HOA-approved backyard pool plans included. HOA also provides 24-hour security and free Cox high-speed internet.
Listing agent: Melissa Sorensen DRE #02008375 melissa.sorensen@compass.com, Listing office: Compass
MLS data updated 10/24/2026, 12:37:04 AM PT
Source: CRMLS, MLS #: OC25146782
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 8, 2026
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
$2,500,000Closed sale · Mar 8, 2026ZIP 92694 · Mar 2026
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.