MLS Description Rare opportunity to build a custom estate in the prestigious Peralta Hills community. Situated on a flat, usable one-acre lot on one of the area's most desirable streets, this exceptional property represents one of the last chances to create a legacy estate in this highly sought-after enclave known for its custom homes, privacy, and acre-plus lots. Peralta Hills is recognized for its luxury estates and spacious custom-home sites. The property includes expired plans for an approximately 11,000-square-foot custom residence, offering a significant head start for the next owner. In addition, a substantial foundation of approximately 6,200 square feet is already in place and may present an opportunity for future permitting and development, subject to buyer verification and approval from the appropriate agencies. Whether you're a homeowner looking to build a dream estate or a developer seeking a premier luxury homesite, this is a truly rare offering in one of Orange County's most coveted custom-home neighborhoods. Endless possibilities await on this remarkable Peralta Hills property.