31062 Casa Grande Drive, San Juan Capistrano
San Juan Capistrano Home For Sale
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/war
Property Details
Additional Information
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- City:
- San Juan Capistrano
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- County:
- Orange
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- Zip:
- 92675
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- MLS® #:
- LG24110884
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- Bedrooms:
- 18
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- Bathrooms:
- 19
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- Square Ft:
- 70,000
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- Lot Size:
- 42.20
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- Neighborhood:
- OC - SAN JUAN CAPISTRANO (92675)
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- Garages:
- 10
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Listing information last updated on June 30th, 2024 at 7:01am PDT.