24331 Coto De Caza Drive, Coto De Caza, California 92679, Coto De Caza, 92679 - 10 bed, 17 bath

24331 Coto De Caza Drive, Coto De Caza, California 92679 home-pic-0
ACTIVE$125,000,000
24331 Coto De Caza Drive, Coto De Caza, California 92679
10Beds
17Baths
47,044Sqft
5,995,598.5Lot
Year Built
1986
Close
-
List price
$125M
Original List price
$125M
Price/Sqft
$2,657
HOA
$353
Days on market
-
Sold On
-
MLS number
OC25090289
Home ConditionFair
Features
Excellent View: Hills, Valley, Trees/Woods
Pool
Spa
Patio
ViewHills, Valley, Trees/Woods

About this home

We found 3 Cons,7 Pros. Rank: price - $125.00M(99th), sqft - 47044(99th), beds - 10(99th), baths - 17(99th).

The Lyon Estate is a once-in-a-generation compound spanning 137 acres within Orange County's prestigious, private and gated community of Coto de Caza. Built in 1986 by US Air Force Reserve Commander and real estate magnate Major General William Lyon and his wife Willa Dean Lyon, this stately 21,000 sqft Georgian. The estate has welcomed many distinguished guests, including President Ronald Reagan and First Lady Nancy Reagan. This property commands breathtaking mountain views, balancing romantic, classical architecture with coastal California splendor. The Lyon Estate’s 3 level main residence encompasses 8 bedrooms, 11 baths and boasts meticulous design details at every turn, from its coffered wood ceilings and intricate crown moldings, to its ornate light fixtures, and walls of windows that frame gorgeous views of the grounds and views beyond. The long list of world-class features and amenities includes a private helipad, comprehensive equestrian facilities with a 10 stall barn and riding arena, a championship tennis court, a brick-clad lower-level wine cellar, and a playhouse outfitted with electricity and a TV. Three additional onsite guest houses provide ample space for hosting. One includes 2 bedrooms, 1 bath and a full kitchen, while the other 2 offer a single bedroom and a kitchenette. Manicured grounds present enchanting Italian villa-like gardens and seating areas alongside a resort-style pool, spa and a standalone pool house, which is complete with a dry sauna and dual bathrooms, each featuring changing rooms. A remarkable 23,679 sqft car museum comfortably accommodates 70 vehicles with a professional auto shop, recessed lift turntable, and wash station. Additional onsite amenities include two lakes used for irrigation, a scenic pond, a greenhouse, and 41 acres comprising 4,500 Valencia and Navel Orange trees orchards, which took root more than 30 years ago. The Lyon Estate presents dual, equally exciting opportunities: An incomparable residence with its full complement of facilities and, on the southern end of the property an approved, 64 acre development for 25 homes in a new gated enclave. Experience privacy and serenity with convenient access to Coto de Caza's members-only amenities and 2 golf courses, while enjoying proximity to Laguna Beach, Newport Coast, and the best of Orange County coastal living amidst exceptionally curated beauty and turn the page in a storied legacy. The Lyon Estate awaits its next chapter—and it's yours to write.

Nearby schools

8/10
Tijeras Creek Elementary School
Public,K-51.1mi
5/10
Cielo Vista Elementary School
Public,K-62.2mi
9/10
Wagon Wheel Elementary School
Public,K-52.2mi
7/10
Las Flores Elementary School
Public,K-52.8mi
7/10
Robinson Elementary School
Public,K-62.8mi
5/10
Harold Ambuehl Elementary School
Public,K-59.4mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-82.1mi
6/10
Marco Forster Middle School
Public,6-810.1mi
8/10
Trabuco Hills High School
Public,9-124.4mi
7/10
Mission Viejo High School
Public,9-124.7mi
8/10
San Juan Hills High School
Public,9-128.0mi
Condition Rating
Fair

Built in 1986, this estate is meticulously maintained and boasts high-quality, traditional finishes throughout, as evidenced by the ornate crown moldings, coffered ceilings, and classic furnishings in the living room and bedroom. While the property is in pristine condition and offers world-class amenities, the interior style, including light fixtures and general aesthetic, reflects its original build era and has not undergone a major modern renovation. Without specific images of the kitchen and bathrooms, it's inferred they would follow this well-preserved but stylistically outdated pattern. The property is functional and well-kept, but its age and traditional styling mean it shows signs of being outdated by current luxury standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

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 = 5995598, living area = 47044.
Great Schools: Elementary School: Wagon Wheel Elementary School (9/10).
Expansive Acreage & Development Potential: Spanning 137 acres, the property includes an approved 64-acre development for 25 homes, offering significant future value and investment opportunities beyond the primary residence.
Unparalleled World-Class Amenities: Features an extraordinary array of luxury amenities including a private helipad, comprehensive equestrian facilities, championship tennis court, a 23,679 sqft car museum for 70 vehicles, multiple guest houses, resort-style pool/spa, wine cellar, two irrigation lakes, and orange orchards.
Prestigious Location & Privacy: Situated within the private, gated community of Coto de Caza, ensuring utmost privacy, serenity, and convenient access to exclusive members-only amenities, golf courses, and proximity to coastal Orange County.
Historic Significance & Grandeur: Known as 'The Lyon Estate,' this 21,000 sqft Georgian residence boasts a rich history, meticulous classical design, and has hosted distinguished guests, adding to its unique prestige and legacy.
Breathtaking Views & Natural Beauty: Commands stunning mountain, hills, valley, and wooded views, complemented by enchanting Italian villa-like gardens, a scenic pond, and mature orange orchards, creating an idyllic natural environment.

Cons

Extremely High Price Point: The $125,000,000 list price targets an exceptionally niche buyer demographic, potentially leading to a prolonged market time and limited pool of interested parties.
Age of Main Residence: Built in 1986, the main residence is nearly 40 years old. While stately and well-maintained, some systems or aesthetic elements may require significant updates to meet contemporary luxury standards for certain discerning buyers.
High Maintenance & Operational Costs: The immense scale of the property, extensive grounds, and numerous specialized amenities imply exceptionally high ongoing maintenance, staffing, utility, and insurance costs, which could be a substantial financial burden.

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