Coto de Caza, California

History

The land that became Coto de Caza was originally part of Rancho Mission Viejo.

The suburban planned community of Coto de Caza was a joint venture of Chevron and Arvida corporations. Development was first initiated in 1964. In 1979, Arvida bought out Chevron. Richard Boultinghouse, who had previously developed McCormick Ranch in Scottsdale, Arizona, was hired as president and general manager. In 1983, Orange County approved Coto's master plan for a community of approximately 5,000 homes, and three years later, the community officially opened. Coto de Caza's reputation as an ecologically oriented recreation community was strengthened by the former Vic Braden’s Tennis College and a 36-hole Robert Trent Jones Jr.-designed golf course.

In 1984, Arvida, Disney, Chevron, and City Federal Savings & Loan partnered in the development of Coto de Caza. Boultinghouse was later replaced by John C Yelverton.

In 1996, Lennar took over as development manager. Under Lennar’s stewardship, Coto de Caza was repositioned to promote more luxurious homes and lower densities, coincident with the regional recovery from the recent recession. The average price of a home in Coto de Caza increased from $375,000 in 1996 to $840,000 in 2000, to well over a million dollars.

From the History section of Coto de Caza, California on Wikipedia, under CC BY-SA 4.0.