
Sold
26031 Waterwheel sold on January 27, 2026 for $2,900,000, 3.3% below the $2,998,000 asking price after 43 days on the market. The buyer paid cash. The details are below for reference.

26031 Waterwheel, Laguna Hills, CA 92653
- 4 beds
- 3 baths
- 2,500 sq ft
- 0.74-acre lot
- Built 1980
Subdivision Nellie Gail
Nellie Gail Ranch is an equestrian community in the rolling hills of Laguna Hills, named for Nellie Gail Moulton and laced with about 25 miles of riding and walking trails.
45 single-family homes sold in the past 12 months · median $3,675,000
The home
About 26031 Waterwheel
Nestled on a desirable corner lot on a quiet cul-de-sac, this beautifully completely remodeled 4-bedroom, 3-bathroom equestrian estate offers exceptional style, comfort, and function. Hardwood floors flow throughout the home, enhancing its open, airy layout. The chef’s kitchen is a true showpiece, featuring custom cabinetry, premium appliances, a six-burner range with pot filler, and an expansive island perfect for gathering. Thoughtful details and high-end finishes make this space the heart of the home. Upstairs, discover four generously sized bedrooms, including the luxurious primary suite. The spa-inspired primary bath boasts a large soaking tub, separate walk-in shower, dual sinks with a vanity area, and a beautifully designed custom closet for optimal organization.The backyard is an entertainer’s paradise, offering a newly renovated pool and spa, plus a spacious deck ideal for relaxing and taking in the serene views. At the lower level of the property, equestrians will appreciate the private stables with tack room, turn-outs with direct trailer access. This turnkey home embodies the best of Nellie Gail Ranch living—elegance, amenities, and an exceptional equestrian lifestyle.
Property details for 26031 Waterwheel
This 4-bedroom, 3-bath single-family home sits in the Nellie Gail neighborhood of Laguna Hills in Orange County. It offers 2,500 square feet of living space. The home was built in 1980. The MLS record lists the assessor parcel number as 627-314-01. Highlights include a community pool and a private spa, a fireplace, an attached three-car garage, a 0.74-acre lot, central air, and an updated home. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,900,000
- Days On Site
- N/A
- Bedrooms
- 4
- Inside Area (SqFt)
- 2,500 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- 0.7392 Acres
- Year Built
- 1980
- MLS® Number
- OC25263087
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $192 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC25263087
- Year Built
- 1980
- Living Area (sq ft)
- 2,500
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 32,200
- Lot Size (acres)
- 0.7392
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Trees Woods
- HOA Dues
- $192
- HOA Frequency
- Monthly
- HOA Name
- Nellie Gail HOA
- Parcel Number
- 62731401
- On Market Date
- 2025-12-01
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Built In Features, Ceiling Fans, Separate Formal Dining Room, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk In Pantry, Walk In Closets
- Appliances
- Six Burner Stove, Dishwasher, Microwave, Refrigerator, Vented Exhaust Fan
- Flooring
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- Inside, Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Corner Lot, Cul De Sac, Horse Property
- Pool Features
- In Ground, Association
- Spa
- In Ground, Private
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Nellie Gail (NG)
- Community Features
- Curbs, Gutters, Horse Trails, Street Lights, Suburban, Sidewalks
- Association Amenities
- Clubhouse, Horse Trails, Pickleball, Pool, Security, Tennis Courts
The record
Property History for 26031 Waterwheel
| Date | Event | Price | Note |
|---|---|---|---|
| Jan 27, 2026 | Sold | $2,900,000 | |
| Dec 1, 2025 | Listed for sale | $2,998,000 |
Next steps
Looking for something similar
26031 Waterwheel is no longer on the market, but comparable homes come up in Laguna Hills regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 26031 Waterwheel
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The neighborhood
About Nellie Gail Ranch
Nellie Gail Ranch is an equestrian community in the rolling hills of Laguna Hills, named for Nellie Gail Moulton and laced with about 25 miles of riding and walking trails. Residents reach the Nellie Gail Ranch Equestrian Center plus swim, tennis, and pickleball facilities and parks, within the Saddleback Valley Unified School District.
Nellie Gail home sales, past 12 months
- Homes sold
- 45
- Median price
- $3,675,000
- Median days on market
- 23
- Median per sq ft
- $792
Recorded MLS closings of single-family homes, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Recent Nellie Gail sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 25111 Buckboard Lane | Sep 10, 2026 | $2,975,000 | 2,064 | $1,441 | 15 |
| 25472 Rapid Falls | Sep 8, 2026 | $3,826,000 | 5,080 | $753 | 5 |
| Sep 3, 2026 | $3,650,000 | 5,805 | $629 | 259 | |
| 25402 Gallup Circle | Aug 27, 2026 | $3,850,000 | 5,000 | $770 | 91 |
| 25171 Stageline Drive | Aug 26, 2026 | $3,015,000 | 4,028 | $749 | 94 |
Schools
School District for 26031 Waterwheel
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Saddleback Valley Unified.
Living in Laguna Hills covers its schools, parks and beaches.
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Listed by Melody Smith of Anvil Real Estate
Listing information updated Feb 2, 2026 at 10:25 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.