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‘Entertainer’s Dream’ Estate Sells for Record $23M in Coto de Caza
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Orange County Business Journal
COTO DE CAZA — A sprawling 21,400-square-foot home with a movie theater and bowling alley in Los Ranchos Estates has sold for $23 million, setting a new record for the area, according to agents.
Gaffoglio said the June 25 sale is the highest-priced residential transaction ever recorded on the Multiple Listing Service for Coto de Caza.
The 21,433-square-foot compound sits on 5.6 acres in Los Ranchos Estates, a private, equestrian-focused area within the guard-gated community.
Before the custom home was built, the 5.6-acre lot sold for $1.5 million, according to Redfin records.
Los Ranchos Estates has about 75 properties spread over roughly 355 acres, according to Gaffoglio.