…and have a fantastic job secured in Los Angeles that will allow me to telecommute 2-3 days per week.
For me personally, even only two days per week is too much for a 2 – 2.5 hour drive. You might want to seriously consider Carlsbad instead, as that will knock a half hour off the drive (or even OC). Also RB is partly a retirement community, and other areas offer more in terms of entertainment and recreation (not to mention better weather). I’ve lived there and it’s very nice, but there are several other places I’d choose over it.
If you have the means, private school should be an option, so you’re not limiting yourself to a few areas.