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12 Thomas, Ladera Ranch, CA 92694

$8.20M6bd · 8ba · 9,246 sqft
Lot 13,639 sqft•HOA $687/mo•Single Family Residence•
Active
•53d on market•MLS# OC-26196945

Property Description

One of the most extraordinary custom estates ever built in Covenant Hills, 12 Thomas is a nearly 10,000-square-foot architectural masterpiece defined by grand scale, exceptional privacy and rare amenities-including an incredible 9-car subterranean garage and private elevator. Designed by renowned architect Eric Trabert with landscape design by Scott Zucker, this Italian countryside-inspired villa occupies an ultra-private, nearly 14,000-square-foot lot within an exclusive triple cul-de-sac setting. Mature olive trees, fountains, citrus groves, trumpet vines and a grape-covered trellis create a secluded estate atmosphere, while reclaimed Old World flooring, soaring ceilings, dramatic chandeliers and handcrafted architectural details showcase exceptional character and craftsmanship. Designed for luxurious living and entertaining, the expansive floor plan features 6 bedrooms, 8 bathrooms, 2 private offices, home gym, upstairs loft, private elevator and an unforgettable theater inspired by the historic Roosevelt Hotel speakeasy. The showpiece chef’s kitchen features a La Cornue range, ovens and rotisserie, dual Sub-Zero refrigerators, concealed refrigerated drawers and a temperature-controlled walk-in wine room. Dual pocket doors create seamless indoor-outdoor living, opening to an entertainment loggia with fireplace and built-in heaters. The resort-inspired backyard features a private pool, multiple lounge and firepit areas, covered outdoor living and a fully equipped outdoor kitchen with Fire Magic grill and custom Woodstone pizza oven. The primary suite is a private sanctuary with balcony and peek ocean views, dual custom closets and an elegant marble-clad spa bath. Sophisticated technology includes a Control4 smart-home system and Lutron lighting. Perhaps the home’s most remarkable feature lies below: an extraordinary 9-car subterranean garage offering capacity, privacy and flexibility virtually unheard of in Covenant Hills-ideal for the serious automobile collector. Massive in scale yet remarkably private, 12 Thomas delivers the feeling of a secluded custom compound within guard-gated Covenant Hills. With nearly 10,000 square feet, a 9-car subterranean garage, elevator, resort-style grounds, extraordinary entertaining spaces and bespoke finishes, this is not simply one of Covenant Hills’ finest homes-it is one of its most unique and irreplaceable estates.

Features & Amenities

FeeBuilt 2011

Property Details

Land Type
Fee
Year Built
2011
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
9
Garage Spaces
9
Heating
Forced Air
Cooling
Central Air
View
Hills, Peek-A-Boo
City
Ladera Ranch
Zip Code
92694
County
Orange
Listed byLadera Realty, Tim Wolter

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$41,438.38
Principal & Interest
Loan Amount
$6,556,000
Total Interest
$8,361,817
Total Payment Over 30 Years
$14,917,817
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 2 active · 1 closed

12 Thomas, Ladera Ranch, CA 92694

Ladera Ranch · Single Family Residence

$8.20M
Luxury Tier
Beds
6
Baths
8
Sqft
9,246
Lot
13,639 sqft
Year
2011
$/Sqft
$886
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 9-car✓

Listed 6.3% below the median closed sale of $8,750,000. Price per sqft ($886) is a 23% discount to closed comps ($1,145). Closed comps sold at 88% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 344 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $8.20M· $886/sqft
Total list price
Closed comps
vs closed median $8.75M
−$555K (−6.3%)
Active comps
vs active median $7.50M
+$696K (+9.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,129
−$243 (−21.5%)

Active Properties (2)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2 Thomas RoadLadera Ranch2016597,47613,869$1,003$7.50M18778
30822 SteeplechaseSan Juan Capistrano1980675,77747,916$1,255$7.25M4150
Total: 2 · Average5.58.06,626.530,892.5$1,129$7.37M114
Median7,476$7.50M

Closed Properties (1)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
31831 Paseo CieloSan Juan Capistrano200205/29/2026677,64543,560$10.00M$8.75M$1,1450.8834444
Total: 1 · Average6.07.07,64543,560$8.75M$8.75M$1,145—344
Median7,645$8.75M$8.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.