28932 Drakes Bay, Laguna Niguel, CA 92677
- 4 beds
- 4 baths
- 3,940 sq ft
- 6,233 sq ft lot
- Built 2004
$2,588,000
Subdivision Hillcrest Estates
Open house
Open Houses
The home
About 28932 Drakes Bay
Commanding the very best of Southern California living, this exceptional Laguna Niguel estate sits behind the private gates of Hillcrest Estates, where timeless design, breathtaking vistas, and seamless indoor-outdoor entertaining come together. Spanning approximately 4,000 square feet across two refined levels, the home offers four bedrooms, a versatile loft, three-and-one-half baths, and a three-car garage with a two-car bay and a separate single-car bay.
A grand two-story foyer makes a memorable first impression, with polished tile flooring and a sweeping curved staircase. Graceful architectural lines lead to a sophisticated living room crowned by 18-foot vaulted ceilings, intricate crown molding, and two rows of windows that bathe the space in natural light. Glass-paneled French doors and an adjoining formal dining room provide an elegant backdrop for intimate dinners and cherished celebrations.
At the heart of the residence, the open kitchen showcases richly crafted wood cabinetry and new premium Monogram stainless-steel appliances, flowing seamlessly into the inviting family room, where a fireplace lends warmth. Outdoors, the low-maintenance backyard is a private haven of relaxed luxury, featuring a built-in barbecue, glowing fire pit, and panoramic views, ideal for sunset gatherings.
A secluded downstairs bedroom suite with its own en-suite bath offers comfortable accommodations for guests, complemented by a separate powder room. Upstairs, plush new carpeting and an open loft create a flexible retreat, perfect as a media lounge, home office, or sitting area.
The primary suite is a true sanctuary, adorned with soaring tray ceilings, ornate molding, and sweeping hillside, neighborhood, and mountain views. A curved bay window and three-sided fireplace unite the sleeping quarters with an intimate sitting area. The spa-inspired bath offers a raised soaking tub, opposing vanities, a makeup station, twin glass-enclosed showers, warm stone finishes, and a custom-organized walk-in closet. Two additional bedrooms share an elegantly appointed bath.
Enjoy 24-hour guard-gated living minutes from Aliso and Wood Canyons Wilderness Park, pristine beaches, and Capistrano Unified schools, including Aliso Niguel High School (buyer to verify school boundaries and enrollment). A jewel of Hillcrest Estates, this residence captures the privacy, prestige, and natural beauty that define Laguna Niguel living.
Property details for 28932 Drakes Bay
This 4-bedroom, 4-bath single-family home sits in the Hillcrest Estates neighborhood of Laguna Niguel in Orange County. It offers 3,940 square feet of living space and is listed at $2,588,000, about $657 per square foot. The home was built in 2004. The MLS record lists the assessor parcel number as 639-037-23. Highlights include canyon and hill views, a fireplace, a guard-gated community, an attached three-car garage, a 6,233-square-foot lot, and central air. 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
- $2,588,000
- Days On Site
- New Today
- Bedrooms
- 4
- Inside Area (SqFt)
- 3,940 sqft
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Lot Size
- 6,233 SqFt
- Year Built
- 2004
- MLS® Number
- PW26217132
- Status
- Coming Soon
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $300 monthly
- Sq Ft Source
- PublicRecords
General Features
- Property Type
- Single Family Residence
- MLS Number
- PW26217132
- Year Built
- 2004
- Living Area (sq ft)
- 3,940
- Living Area Source
- Public Records
- Lot Size (sq ft)
- 6,233
- Lot Size (acres)
- 0.1431
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Canyon, Hills, Mountains, Neighborhood
- HOA Dues
- $300
- HOA Frequency
- Monthly
- HOA Name
- Hillcrest Estates
- Parcel Number
- 63903723
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Breakfast Area, Block Walls, Tray Ceilings, Ceiling Fans, Crown Molding, Cathedral Ceilings, Separate Formal Dining Room, Eat In Kitchen, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Tile Counters, Two Story Ceilings, Entrance Foyer, Jack And Jill Bath, Loft, Main Level Primary, Multiple Primary Suites
- Appliances
- Barbecue, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Water Heater
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Family Room, Primary Bedroom
- Laundry
- Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Double Pane Windows
- Doors
- Double Door Entry, French Doors, Sliding Doors
- Rooms
- Primary Bedroom, Family Room, Bathroom, Kitchen, Dining Room, Primary Bathroom, Foyer, Laundry, Loft, Living Room
Exterior Features
- Architectural Style
- Craftsman, Mediterranean
- Exterior Features
- Barbecue, Lighting, Fire Pit
- Roof
- Tile
- Construction
- Drywall, Glass, Stucco
- Foundation
- Slab
- Lot Features
- Back Yard, Front Yard, Landscaped, Near Park, Yard
- Patio and Porch
- Front Porch, Patio, Stone
- Parking
- Garage Faces Front, Garage Faces Side
- Fencing
- Block, Wrought Iron
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Turnkey
- Units
- 185
Community Features
- Subdivision
- Hillcrest Estates (HILE)
- Community Features
- Biking, Curbs, Hiking, Street Lights, Sidewalks, Gated, Park
- Association Amenities
- Controlled Access, Maintenance Grounds, Security
- Security
- Carbon Monoxide Detectors, Gated With Guard, Gated Community, Gated With Attendant, Twenty Four Hour Security, Smoke Detectors
The record
Property History for 28932 Drakes Bay
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 10, 2026 | Listed for sale | $2,588,000 | |
| Jun 6, 2023 | Sold | $1,970,000 | Regency Real Estate Brokers |
Cost of ownership
Estimated monthly payment
7.28% · 30-yr fixed$
$20,141/mo
10% down · 30-year fixed · $258,800 down
Principal & interest$15,937
Mortgage insurance (est., over 80% LTV)$971
Property tax (est. 1.01%)$2,178
Home insurance (rough est., varies widely)$755
HOA from listing$300
$17,399/mo
20% down · 30-year fixed · $517,600 down
Principal & interest$14,166
Property tax (est. 1.01%)$2,178
Home insurance (rough est., varies widely)$755
HOA from listing$300
$15,628/mo
30% down · 30-year fixed · $776,400 down
Principal & interest$12,395
Property tax (est. 1.01%)$2,178
Home insurance (rough est., varies widely)$755
HOA from listing$300
Estimated carrying cost
$3,233/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.01%)$2,178
Home insurance (rough est., varies widely)$755
HOA from listing$300
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Laguna Niguel rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 28932 Drakes Bay
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The neighborhood
About Laguna Niguel
Set in the San Joaquin Hills between Laguna Beach and Dana Point, Laguna Niguel began in 1959 as one of California's first master-planned communities, laid out along Crown Valley Parkway. The city is served by the Capistrano Unified School District and contains Laguna Niguel Regional Park and its lake.
Laguna Niguel home sales, past 12 months
- Homes sold
- 409
- Median price
- $1,750,000
- Median days on market
- 17
- Median per sq ft
- $813
Recorded MLS closings of single-family homes, Oct 3, 2025 to Oct 3, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Laguna Niguel sales
At $657 per square foot, this home's asking price is 19% below the Laguna Niguel median of $813 for single-family homes that closed in the past 12 months.
Recent Laguna Niguel sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 4 Woodhaven | Oct 1, 2026 | $2,875,000 | 3,107 | $925 | 108 |
| 28601 Placida | Sep 30, 2026 | $1,900,000 | 2,900 | $655 | 11 |
| 24741 Cutter | Sep 30, 2026 | $1,030,000 | 1,759 | $586 | 0 |
| 25685 La Cima | Sep 29, 2026 | $2,035,000 | 2,660 | $765 | 32 |
| 28582 Las Arubas | Sep 29, 2026 | $1,350,000 | 1,550 | $871 | 3 |
Schools
Schools for 28932 Drakes Bay
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Moulton
- Middle
- Aliso Viejo
- High
- Aliso Niguel
- District
- Capistrano Unified
Living in Laguna Niguel covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 28932 Drakes Bay, Laguna Niguel
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Listed by Nhu White of Frontier Realty Inc
Listing information updated Oct 10, 2026 at 1:17 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.