Income-producing commercial equestrian facility in Orange County's gated Coto De Caza community. This iconic 24 acre Equestrian Property was part of the 1984 Olympics and features a large covered indoor riding arena, 5 additional spacious outdoor arenas and barns/paddocks housing up to 195 horses. The property provides a lovely environment with shade and mature trees. Current boarders include professional and competitive riders of hunters, jumpers, dressage and western disciplines, as well as pleasure riders who enjoy riding the gorgeous trail networks right off the property. Upscale properties in coastal Orange County that accommodate horse boarding are extremely rare, creating tremendous income growth potential! Property is zoned for commercial equestrian use and is subject to an equestrian use preservation easement.