Rarely on the market, this iconic Equestrian property spans just shy of an ACRE offering TWO side-by-side improved parcels that border Newports Back Bay Nature Reserve. This ENORMOUS HORSE PROPERTY is OVER 39,500 SQUARE FEET, zoned for 12 horses and trailer parking and is accessible by automatic gate. This unique Ranch offers TWO 6-horse Barns by Castlebrook, with Lights throughout, Fans in each stall, Mats in breezeways, attached Feed/Supplement Room, Multiple Tack Rooms, One Turnout Stall and Wash Rack. Each barn also includes Fly Abatement Systems, Gutters and Security Cameras which cover the entire property. One barn includes a half bath and spacious upper level which can be utilized as a guest house, an office or entertaining space complete with vaulted ceilings and is extremely light and bright. Next to the barns you will find a Four-Horse Priefert Horse Walker and Huge Arena with lights and drainage, Cross Ties, an automatic Sprinkler System and Hay Barn. The Ranch also encompasses two charming homes that have been lovingly remodeled and restored to maintain their vintage charm yet provide all of todays modern conveniences. The main house offers 2 bedrooms and 1 bath, Fireplace, Wood flooring, Air Conditioning, Newer Windows, Newer Dishwasher, Newer 4-burner stove, Newer Roof, a Dutch door, an Outdoor Fireplace and a gorgeous entertaining space including a Koi Pond, Lemon & Avocado trees and a Water Feature. The second quaint home offers 1 Bedroom, 1 Bath, a Fireplace, One Detached Garage, Air Conditioning, and newer roof. This exceptional Ranch has been updated with every attention to detail sparing no expense including the structural components of the parcels which includes one Sump Pump with two industrial Pumps inside located in an underground vault for optimal drainage. Enjoy this spectacular property and its close proximity to the Back Bay for hiking, biking and horseback riding with easy access to the John Wayne Airport, the beach, restaurants and shopping.