Welcome to Villa Melaggio. Custom Meditterean Estate with Spectacular Panoramic Views. First time on the market. rare to find this caliber of construction and design this property offers.
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10511 Easter Hill Drive, North Tustin, CA 92705

$5.5M5bd · 6ba · 5,321 sqft
Lot 28,054 sqft•HOA $1750/mo•Single Family Residence•
Active
•24d on market•MLS# PW-26120627

Property Description

Nestled behind the beautifully landscaped gates of prestigious Linda Vista Estates in coveted Cowan Heights, Villa Melaggio offers a rare combination of privacy, panoramic views, timeless architecture and resort-style living. Offered for the first time, this exceptional property reflects the original owner’s thoughtful vision, with carefully considered design enhancements and significant upgrades created in collaboration with the original builder. Meticulously maintained since its completion, the residence represents a rare opportunity to acquire a custom estate of this caliber. The custom 5,321-square-foot residence enjoys sweeping vistas across Orange County to the Pacific Ocean and Catalina Island, with spectacular sunrises and sunsets becoming part of everyday life. Designed for both entertaining and relaxed daily living, the home features soaring ceilings, walls of glass, limestone flooring, custom finishes, a chef’s kitchen, inviting family room, formal dining room, music room/library, and a main-level primary retreat with fireplace, spacious sitting area and spa-inspired bath. Four additional en-suite bedrooms provide exceptional comfort and privacy for family and guests. The resort-style grounds feature a pool, spa, outdoor fireplace and barbecue area, expansive patios, lawn and exceptional mature landscaping that provides beauty and privacy throughout the estate. Additional land beyond the manicured hedges offers exciting possibilities for gardening, a vineyard, recreation or future lifestyle amenities. Villa Melaggio is more than a beautiful home; it is a private lifestyle defined by serenity, indoor-outdoor living, unforgettable views and the simple luxury of watching the sun rise and set from your own estate. Together, these features and this exceptional location create one of Orange County’s most desirable addresses.

Features & Amenities

FeeBuilt 1998

Property Details

Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Catalina, City Lights, Panoramic
City
North Tustin
Zip Code
92705
County
Orange
Listed bySeven Gables Real Estate, Dean O'Dell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$27,810.99
Principal & Interest
Loan Amount
$4,400,000
Total Interest
$5,611,957
Total Payment Over 30 Years
$10,011,957
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 · 3 active · 5 closed

10511 Easter Hill Drive, North Tustin, CA 92705

North Tustin · Single Family Residence

$5.5M
Luxury Tier
Beds
5
Baths
6
Sqft
5,321
Lot
28,054 sqft
Year
1998
$/Sqft
$1034
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 3-car✓

Listed 55.8% above the median closed sale of $3,530,000. Price per sqft ($1,034) is a 47% premium to closed comps ($705). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $5.50M· $1,034/sqft
Total list price
Closed comps
vs closed median $3.53M
+$1.97M (+55.8%)
Active comps
vs active median $3.50M
+$2.00M (+57.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $708
+$326 (+46.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
12286 Circula PanoramaNorth Tustin1991665,42123,130$645$3.50M8391
11321 Reservoir RoadNorth Tustin2006674,92340,410$863$4.25M4481
10711 Rockhurst AvenueNorth Tustin1993545,19621,780$615$3.20M8872
Total: 3 · Average5.75.75,18028,440$707.667$3.65M71.66666666666667
Median5,196$3.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9752 RangeviewNorth Tustin197607/28/2026554,86639,204$3.63M$3.53M$7250.975483
1805 Holly Tree LaneNorth Tustin199006/12/2026555,74443,604$4.29M$4.25M$7400.993680
9731 RangeviewNorth Tustin200110/05/2026444,82240,200$3.50M$3.35M$6950.964779
1852 La LomaNorth Tustin199508/25/2026575,06423,360$3.30M$3.07M$6050.935475
10696 Skyline DriveNorth Tustin200406/15/2026575,07974,052$3.85M$3.85M$7581.003871
Total: 5 · Average4.85.65,11544,084$3.61M$3.61M$704.6—45.8
Median5,064$3.53M$3.53M

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.