A sprawling 137-acre compound in the ultra-private community of Coto de Caza in Orange County has hit the market with a headline-grabbing $125 million price tag — and it’s not just the acreage that makes this estate stand out.
Known as The Lyon Estate, the grand property was built in 1986 by the late Major General William Lyon, a decorated military officer and real estate mogul, and his wife, Willa Dean Lyon.
Over the years, the estate hosted many prominent figures, including President Ronald Reagan and First Lady Nancy Reagan, and became synonymous with both luxury living and American legacy…