UPDATED:
06/18/2024 04:40 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 70,000 sqft
Price per Sqft $2,142
MLS Listing ID LG24110884
Style Detached
Bedrooms 18
Full Baths 17
Half Baths 2
Construction Status Building Permit
HOA Y/N No
Year Built 2010
Lot Size 42.200 Acres
Acres 42.2
Property Description
In the heart of San Juan Capistrano, a legacy unfolds. Perched atop 42 acres of pristine property, the estate - coined Casa Grande - awaits a new heritor. This landmark property boasts unrivaled potential, from its agricultural income to its equine resources to the grandiosity of its residential plans. Casa Grande is a bespoke brand of luxury, 40+ years in the making. Accessed by a private drive through Marbella Country Club, Casa Grande, when completed, will feature a 38,000 sq ft main residence with 360-degree ocean, mountain, and seascape views. The sellers have paved the way with permitted plans for the main residence, guest homes, a barn, stables, and a distillery. The property's equestrian capabilities include stabling for up to 10 horses and direct access to the city's extensive riding trails. With its working avocado farm, citrus grove, and untapped potential for a thriving agave business, Casa Grande presents a unique agricultural opportunity. The booming agave spirits market offers substantial agricultural income with an anticipated yield of 170 tons. While the future residences will fall under Proposition 13, the agribusiness is taxed under the Williamson Act, offering significant tax benefits. In addition to dual access entitlements for the business and residence, the estate benefits from valuable development concessions, streamlining the construction process for the primary residence, guest homes, employee quarters, and recreational facilities. Already built, spanning 21,000+ sq ft, the existing structure consists of 3 apartments, offices, and ample storage/warehouse space. Just 20 minutes from John Wayne International Airport and a five-minute drive from Dana Point Harbor, Casa Grande affords direct global access. Even closer to home, reserve the option to join the country club and its award-winning championship golf course crafted by elite design duo Jay Morrish and Tom Weiskopf. From Ventura to San Diego, market analysis reveals the surpassing scarcity and potential of Casa Grande. No other estate matches its combination of equestrian lifestyle, agricultural business, 360-degree views, and approved plans for multiple compounds. The sellers have fought tirelessly to protect the scope of development opportunities, creating a precise and protected roadmap for success. For those who architect history, Casa Grande is the blueprint. A once-in-a-lifetime opportunity, this iconic estate is poised to become the crown jewel of Southern California.
Location
State CA
County Orange
Area Oc - San Juan Capistrano (92675)
Interior
Cooling Central Forced Air
Fireplaces Type FP in Family Room, FP in Living Room
Exterior
Garage Gated
Garage Spaces 10.0
Community Features Horse Trails
Complex Features Horse Trails
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Golf Course, Mountains/Hills, Ocean, Panoramic, Valley/Canyon, City Lights
Roof Type Spanish Tile
Total Parking Spaces 10
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Mediterranean/Spanish
Level or Stories 2 Story
Construction Status Building Permit
Others
Monthly Total Fees $78
Miscellaneous Horse Allowed,Horse Facilities,Value in Land
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard