24 Water Lily, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 4 bed, 5 bath
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Trabuco Canyon, California 92679
This Grand Golf Course Estate is listed at $2,649,000 against a $2,356,224 Fair Market Value, reflecting the premium nature of its prime golf course frontage. Boasting a Good Condition Rating, the residence features high-value infrastructure including owned solar, PEX repiping, and remodeled baths. The property offers a resort-style lifestyle with unobstructed views of the South Course and access to the 9/10 rated Wagon Wheel Elementary School. This meticulously maintained home combines modern efficiency with elegance, making it an ideal sanctuary for a growing family or Owner-Occupants seeking an elevated, move-in-ready legacy property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Water Lily Subject | $2,599,000* List Price | 4 | 5 | 4,005 | $586 | - |
A 14 Marchin Drive Sold | $1,950,000 | 4 | 4 | 3,900 | $500 | 0.8 mi |
B 9 Swallows Sold | $1,910,000 | 5 | 3 | 3,275 | $583 | 0.9 mi |
C 44 Water Lily Sold | $2,500,000 | 4 | 5 | 4,141 | $604 | 0.1 mi |
D 58 Downfield Sold | $2,100,000 | 5 | 4 | 3,455 | $608 | 0.5 mi |
E 5 Douglass Drive Sold | $2,200,000 | 4 | 4 | 4,099 | $537 | 0.7 mi |
F 24 Peony Sold | $2,950,000 | 5 | 6 | 5,175 | $570 | 0.1 mi |
G 27 Raleigh Court Active | $1,999,000 List Price | 4 | 3 | 3,182 | $628 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant high-value upgrades including remodeled bathrooms, luxury vinyl flooring, and major system improvements like PEX repiping, owned solar, and a new AC unit. While the 1999 build date and some 'timeless' features like travertine suggest it isn't a brand-new construction, the extensive maintenance and targeted renovations align perfectly with the 'Good' criteria.
Elementary School: Wagon Wheel Elementary School (9/10).
Situated directly on the prestigious South Course, the property offers a resort-style backyard with an in-ground spa, built-in BBQ, and unobstructed views of the Robert Trent Jones Jr. designed fairways.
The estate features significant high-value improvements including owned solar panels, full PEX repiping, and a new downstairs AC unit, providing exceptional energy efficiency and long-term peace of mind.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4005, other record living area = 3886.
With a lot size of approximately 7,170 square feet for a 4,000+ square foot home, the outdoor space may feel limited for buyers seeking expansive private grounds beyond the golf course views.
While the elementary school is conveniently close, the assigned middle and high schools are located over five miles away, which may be a consideration for families regarding daily commute times.
Introducing 24 Water Lily Way, an extraordinary 4 bedroom, 5 bath, 2 office estate in Southern Hills Encore within the prestigious guard-gated community of Coto de Caza. Golf course adjacent this residence embodies the elevated lifestyle of one of Orange County’s most coveted enclaves. A private courtyard and custom arched glass entry set the tone for the grandeur within - soaring ceilings, a sweeping circular staircase, timeless travertine, luxury vinyl, crown molding, cased windows and gorgeous shutters. Owned solar, PEX repiped, a new downstairs AC unit and newer water heater provide modern peace of mind behind the home’s refined elegance. The formal dining room adorned with a striking coffered ceiling crowns cherished celebrations, while the formal living room showcases a majestic fireplace, lofty double-height ceiling and opens to a private courtyard. At the heart of the home, the expansive family room with warm wood built-ins and fireplace opens to a sunlit breakfast nook and chef’s kitchen —all framed with windows capturing backyard and championship golf course views. Here, entertaining becomes an art form. Set against the exclusive South Course—an 18-hole masterpiece designed by Robert Trent Jones Jr.—the backyard is your private resort: in-ground spa, tranquil water features, built-in bar with bbq, sink & cooler, custom wood burning fireplace and multiple hosting areas ready for unforgettable gatherings. Designed for both grand entertaining and life’s evolving chapters, the floorplan offers exceptional versatility with a main-level bedroom including ensuite remodeled bath. A richly appointed office completes the downstairs. Upstairs, the home unfolds into two private wings connected by a dramatic catwalk. The primary suite, privately positioned in its own east wing, offers breathtaking views, a fireplace retreat, remodeled spa-inspired bath with soaking tub, oversized shower, dual walk-in closets and a view balcony. The west wing features a built-in office and two additional bedrooms with ensuite full baths, one with a covered balcony. The epoxy-finished three-car garage with built-in racks & cabinetry adds polished functionality. Moments from trails, parks, equestrian facilities and the Coto de Caza Golf & Racquet Club, this grand estate is more than a home—it is a legacy property designed for elevated everyday living, inspired entertaining and a lifetime of beautiful memories. Professional videography coming soon.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 2.6 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 75% |
| Square foot | 4,005 | 2,800 | 77% |
| Lot Size | 7,170 | 6,785 | 54% |
| Price | $2.60M | $1.62M | 83% |
| Price per sq ft | $649 | $624 | 57% |
| Built year | 1999 | 1993 | 81% |
| HOA | $385.0 | $312 | 88% |
| Days on market | 55 | 188 | 8% |
Mar 15, 2026
$2,599,000
$2,649,000
-2% Price Drop
Initial Listing
Feb 26, 2026
$2,649,000
Initial Listing
Aug 19, 2019
$1,345,000
Public Record
Sep 28, 2011
$850,000
Public Record
May 22, 2006
$1,019,000
Public Record
Apr 18, 2006
$1,745,000
Public Record
Sep 24, 1999
$691,500
Public Record