Opportunity awaits to own a piece of OC history while living in one of its earliest estate homes. 549 Grixdale Lane, is perched upon a 21,000 sqft hill. (triple lot) that looks down upon Elizabeth Lake. W/ access to E.L.E.I.A Private Park, members only. Offering boating/dock privileges & annual fireworks show ($200 annual.) The grand 4,670 sqft Colonial has evolved into a modern day oasis. This legendary homestead is 19th century charm w/ craftsmanship of double hung wood windows, recessed lighting, pristine orig. heart pine h/w flooring throughout, 4 FP, crown molding & the back foyer is adorned w/ a tin ceiling & marble floors. Waking up in the primary suite you'll be in awe of the glorious vast lakefront views. Especially when enjoying your morning coffee/sunset cocktails on the expansive private primary terrace. Primary bdr also offers a gas FP, WIC, & an attached flex room that may be plumbed for an XL primary on suite BA. 2nd floor laundry makes for easy living w/ heated drawers & jacuzzi laundry tub. The heart of the home is an immense chefs kitchen featuring a custom island, topped in marble, w/ prep sink & retractable pop up hood fan for ventilation. Kitchen is complete w/ matching custom cabinetry & Thermador appliances. As in a true treasure there is a bar room/game room w/ wine refrigerator, sink & DW behind a built-in bar. Attached is the large 2 story carriage house, ready for your imagination w/ endless possibilities. The in-ground 45,000 gal. salt water pool are steps away from the great room, easy for entertaining. Enjoy the best OC has to offer for a vibrant, active lifestyle w/ a short, pastoral stroll from a beach to Pontiac Country Club. Tremendous potential for investors. Take advantage of the no short-term rental restrictions. Do not miss out on the opportunity to write your own joyous history or to add the crown jewel in your AirBnB/Event Venue portfolio.