Editing Coto de Caza, California (section)

==History==
[[File:Coto de Caza, 1974.jpg|left|thumb|270px|Coto de Caza as it appeared in 1974]]
The suburban planned community of Coto de Caza was a joint venture of [[Chevron Corporation|Chevron]] and [[Arvida Corp.|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, [[The Walt Disney Company|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.