2 Via Terracaleta, Coto De Caza, California 92679, Coto De Caza, 92679 - 6 bed, 8 bath
2 Via Terracaleta
Coto De Caza, California 92679
Property Price
SUMMARY
Analysis of 2 Via Terracaleta, Coto De Caza, California 92679 is currently available with a list price of $5,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Coto De Caza Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1991, making it over 30 years old. The kitchen features dated tiled countertops, wood cabinets, and older built-in appliances, indicating no significant modern renovation. Bathrooms also show dated tiled countertops, basic vanities, and fixtures consistent with the home's age. While the property appears functional, the interior styles, particularly in the kitchen and bathrooms, are significantly outdated and would require substantial renovation to meet current standards. The listing description itself suggests 'remodel or teardown existing home,' reinforcing that the current structure is aged and needs considerable updates, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 701316, living area = 7049.
- Exceptional Development Potential
This expansive 16+ acre parcel offers significant development opportunities, with 90% of planning and studies completed for potentially seven custom homes or a grand equestrian estate, greatly reducing future development risk.
- Vast & Versatile Acreage
As one of the largest parcels in the Arbours, the property provides unparalleled privacy and flexibility for various uses, from a private estate to multiple custom lots.
CONSRISKS & DEFICIENCIES
- Auction Sale Format
The property is offered via a luxury live auction with a starting bid of $5,000,000, which may limit the buyer pool and introduce uncertainty regarding the final acquisition cost.
- Potential for Significant Capital Investment
The description suggests the existing 1991-built home may require a 'remodel or teardown,' indicating a likely need for substantial additional capital expenditure for modernization or new construction.
- Interior Photo Discrepancy
The disclosure that 'some interior photos have been enhanced' could raise concerns about the actual condition of the interior, potentially requiring thorough in-person inspection to manage expectations.
About 2 Via Terracaleta
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. Please note some interior photos have been enhanced.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 701,316 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 94% |
| Baths | 8.0 | 3.0 | 98% |
| Square foot | 7,049 | 2,790 | 98% |
| Lot Size | 701,316 | 6,825 | 99% |
| Price | $5.00M | $1.60M | 96% |
| Price per sq ft | $709 | $614 | 79% |
| Built year | 1991 | 1993 | 46% |
| HOA | $385.0 | $320 | 93% |
| Days on market | 40 | 191 | 2% |
Pricing History
Listed for Sale
Jan 26, 2026
$5,000,000
Initial Listing