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$85,000,000
Est. payment /mo
42 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25252419
Lot Size 42.000 Acres
Property Sub-Type Lots/Land
Property Description
Located atop a commanding hilltop promontory in historic San Juan Capistrano, Casa Grande at Coral Farms is a once-in-a-lifetime opportunity encompassing 42.75 acres with sweeping 360-degree views of the Pacific Ocean, surrounding mountains, city lights, golf courses, and the San Juan Capistrano Mission. Rarely does a property of this scale, location, and entitlement flexibility become available in coastal Orange County. The estate is anchored by a Spanish Mission Revival 21,500 sq. ft. multi-use building featuring three apartments with seven bedrooms and eight baths, office and conference facilities, and garages with parking for up to sixteen cars. Paved roads, underground utilities, gated entries, and abundant storage provide a strong infrastructure foundation for future vision. Entitlements include permitted plans for a nearly 39,000 sq. ft. Mission Revival primary residence with seven bedrooms, twelve baths, six fireplaces, and unmatched ridgeline views exempt from the citys Ridgeline Ordinance. Additional approved uses of the property include guest villas, employee residences, pools and spas, sports courts, barns, stables, and greenhouses. With no architectural review, no permit or plan check fees, and guaranteed, expedited approvals, the property offers development advantages rarely found in California. Beyond its residential potential, Coral Farms is a thriving agribusiness with existing avocado, citrus, and agave production. Expansion plans and feasibility studies for large-scale agave planting and a boutique distillery are available, presenting opportunities for a
Location
State CA
County Orange
Community Horse Trails
Direction 5 South. Exit Ortega Hwy. Left on Belford. Rt on Rosedale. Left on Casa Grande to cul-de-sac and private gate.
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas
View Y/N No
Others
Senior Community No
Tax ID 65019002
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://vimeo.com/newportbeachmedia/casagrandemls?share=copy
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Listed by Katie Machoskie Compass
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