I agree with pinkunicorn -- this does not sound like it comports with the challenge cache guidelines.
https://www.geocaching.com/help/index.php?pg=kb.chapter&id=127&pgid=206
Both of the following are examples of things that are not allowed, and they seem to apply here:
#10: "Challenges based on geographic areas other than countries, states/provinces, counties (or their local equivalent). For example, user-defined mapping polygons, latitude/longitude, radius, etc."
#12: "Finding all or any percentage of the caches, or of a cache type, rating, or other allowable value within a specified area; e.g. 80% of EarthCaches in France is not publishable."
If you want to hide several caches, put part of the coordinates in each, and then have a final "bonus" cache, that is acceptable for your own caches.