31062 Casa Grande Drive, San Juan Capistrano, California 92675, San Juan Capistrano, 92675 - 18 bed, 19 bath

31062 Casa Grande Drive, San Juan Capistrano, California 92675 home-pic-0
ACTIVE$150,000,000
31062 Casa Grande Drive, San Juan Capistrano, California 92675
18Beds
19Baths
70,000Sqft
1,838,232Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 1838232, living area = 70000.
Top Cons:
Exorbitant Price Point: The $150 million asking price targets an extremely niche market, limiting buyer pool and potentially extending market time.

Compared to the nearby listings

Price:$150.00M vs avg $1.80M (+$148,200,000)99%
Size:70,000 sqft vs avg 2,458 sqft99%
Price/sqft:$2.1K vs avg $72199%

More Insights

Built in 2010 (15 years old).
Condition: The existing structures on the property, which include 3 apartments, offices, and storage, were built in 2010. This places them within the 'Good' condition criteria, as they are between 10 and 20 years old. While no interior images are provided to assess specific kitchen and bathroom conditions, appliances, or finishes, the relatively recent construction year suggests these components are likely modern, functional, and well-maintained, requiring no immediate renovation. The property's primary value lies in its development potential and vast acreage, but the existing built components are in good condition based on their age.
Year Built
2010
Close
-
List price
$150M
Original List price
$150M
Price/Sqft
$2,143
HOA
-
Days on market
-
Sold On
-
MLS number
LG24110884
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Golf Course, Hills, Mountain(s), Ocean, Panoramic
ViewCity Lights,Canyon,Golf Course,Hills,Mountain(s),Ocean,Panoramic

About this home

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/warehouse space. Just 20 minutes from John Wayne International Airport and a five-minute drive from Dana Point Harbor, Casa Grande affords direct global access. Even closer to home, reserve the option to join the country club and its award-winning championship golf course crafted by elite design duo Jay Morrish and Tom Weiskopf. From Ventura to San Diego, market analysis reveals the surpassing scarcity and potential of Casa Grande. No other estate matches its combination of equestrian lifestyle, agricultural business, 360-degree views, and approved plans for multiple compounds. The sellers have fought tirelessly to protect the scope of development opportunities, creating a precise and protected roadmap for success. For those who architect history, Casa Grande is the blueprint. A once-in-a-lifetime opportunity, this iconic estate is poised to become the crown jewel of Southern California.

Condition Rating
Good

The existing structures on the property, which include 3 apartments, offices, and storage, were built in 2010. This places them within the 'Good' condition criteria, as they are between 10 and 20 years old. While no interior images are provided to assess specific kitchen and bathroom conditions, appliances, or finishes, the relatively recent construction year suggests these components are likely modern, functional, and well-maintained, requiring no immediate renovation. The property's primary value lies in its development potential and vast acreage, but the existing built components are in good condition based on their age.
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 = 1838232, living area = 70000.
Permitted Development Plans: Comprehensive, pre-approved plans for a 38,000 sq ft main residence, guest homes, and equestrian/agricultural facilities significantly de-risk and streamline future construction.
Unrivaled Panoramic Views: Boasts 360-degree ocean, mountain, city lights, and seascape views, offering exceptional aesthetic value and exclusivity.
Vast Acreage with Agricultural Income: A sprawling 42-acre estate featuring a working avocado farm, citrus grove, and high-potential agave business, providing diverse income streams and tax benefits under the Williamson Act.
Premier Equestrian Amenities: Includes stabling for up to 10 horses and direct access to extensive city riding trails, catering to a luxury equestrian lifestyle.
Exclusive & Strategic Location: Private access through Marbella Country Club, coupled with close proximity to John Wayne Airport and Dana Point Harbor, ensures both privacy and convenience.

Cons

Exorbitant Price Point: The $150 million asking price targets an extremely niche market, limiting buyer pool and potentially extending market time.
Substantial Future Investment Required: Despite permitted plans, the primary grand residence and other key facilities are yet to be built, necessitating significant additional capital expenditure and a multi-year construction commitment from the buyer.
Operational Complexity: Managing a 42-acre estate with active agricultural operations, equestrian facilities, and ongoing large-scale construction demands considerable time, resources, and specialized management expertise.

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