Also known as the "Mitchell East" property, 32633 Trabuco Creek Road is almost 40 acres of precious raw, rural land in Orange County. The possibilities are endless - build your dream home overlooking a rural canyon, use the land for school or corporate retreats, use it for mitigation banking purposes or - keep it as is and preserve it for future generations. Set a short mile & a half up a rustic dirt road, this property has it all - rolling hillsides, oak canyons, a massive flat area, and a seasonal creek all located within a short drive to Rancho Santa Margarita. Get the best of both worlds - rugged and raw living only 2 1/2 miles from shopping, dining, grocery stores, great schools, and hiking & biking trails. The 241 toll road is only 4 miles away - get away to the beach or business centers of Irvine & Newport Beach in 20 - 30 minutes. The property is subject to the "Foothill/Trabuco Specific Plan" (FTSP) which was crafted to preserve the character of the canyons; the FTSP limits the uses of the property but ensures that the canyon areas will be developed responsibly and stay beautiful for generations to come. Development of four (4) dwelling units is allowed per the FTSP, subject to satisfying the other requirements of the FTSP. There is electricity on the property and a non-operative well.