Property Description

Luxury Live Auction! Bidding to start from $5,000,000! One of the largest parcels of land in the western ridge area of the Arbours. At just over 16 acres this property has incredible potential for numerous uses: remodel or teardown existing home and construct potentially seven new custom homes or develop the acreage into a private equestrian estate with all the amenities. Developers/Investors, FORMA Planning/Design has been involved and approximately 90% of all the planning, engineering, report, environmental studies, etc., have been done and is included in the sale.....not much left to do to get the entitlements. There are 6 bedrooms, 8 bathrooms and an ADU above the garage with a kitchen, bedroom and living room and an estimated 7800 total SF, including the ADU. The exterior yard includes a pool, spa, tennis court and panoramic views and privacy. Whether it's one custom equestrian estate complete with stables, riding arena, orchard / vineyard OR three custom lots on several acres each OR seven custom lots, the choice is yours.

ESSENTIAL INFO

• Status: Active
• School District: Capistrano Unified