Listing by: Kay Wahlin, Kendra Wahlin, Broker, 949-433-4300
0 Beds
n/a Full bath
n/a SqFt
Active
BLUFF FRONT RESTURANT/HOTEL DEVELOPMENT OPPORTUNITY OVERLOOKING THE INCOMPARABLE DANA POINT HARBOR.CURRENT SELLER PLANS ARE FOR APPROX. 8500 SQ.FT. PREMIUM RESTURANT OR 19 LUXURY GUEST ROOMS WITH SPACIOUS PRIVATE DECKS AND INCREDIBLE OCEAN, HARBOR AND COASTLINE VIEWS.WITH OVER 2.5 MILLION VISTORS ANNUALLY, DANA POINT HAS SOME OF THE HIGHEST OCCUPANCY RATES IN CALIFORNIA DUE TO ITS SMALL TOWN CHARM,STRIKING VIEWS,BEACH ACCESS,WATER ACTIVITIES,ANNUAL ENTERTAINMENT,PREMIER RESTURANTS AND MUCH MORE.THE HARBOR AREA IS CURRENTLY UNDERGOING A 5 YEAR, 400 MILLION DOLLAR RENOVATION WHICH WILL FURTHER INCREASE THE VALUE OF THIS LAND AND ITS DEVELOPMENT POTENTIAL.HOTEL GUEST WILL ENJOY WALKABLE ACCESS TO THE HARBOR ACTIVITIES,COASTAL HIKING TRAILS,STRANDS BEACH AND THE NEWLY DEVELOPING DOWNTOWN LANTERN VILLAGE.RESTURANT PATRONS WILL ENJOY THE SAME COASTAL ACTIVITIES,ARTS,ENTERTAINMENT AND SHOPPING.DO NOT MISS THIS TRULY ONCE IN A LIFETIME OPPORTUNITY TO OWN A PIECE OF THE MOST ICONIC BLUFF FRONT LAND IN ALL OF THE SOUTHERN CALIFORNIA RIVIERA. UPDATE: AS OF 08/26/2019 THE DANA POINT CITY COUNCIL (IN A 5-0 VOTE) APPROVED A 51 UNIT HOTEL WITH ROOFTOP POOL, BAR, AND LOUNGING AREA FOR THE PARCEL AT THE CORNER OF COVE ROAD AND GREEN LANTERN OF ALMOST IDENTICAL SQUARE FOOTAGE.THE FIRST NEW PROJECT TO BE APPROVED ON THE BLUFF IN 40+ YEARS.ANY INVESTORS WHO CAN APPLY FOR A ZONING CHANGE BASED ON WHAT IS GOING ON IN CALIFORNIA, AND THAT THE AREA HAS RESIDENTIAL, MULTI FAMILY, AND COMMERCIAL THIS LOT WOULD BE WORTH 2.5 WHAT IT IS LISTED FOR ??? GREAT OPPORTUNITY
Property Details | ||
---|---|---|
Price | $4,995,000 | |
Lot Size Area | 13063 | |
Lot Size Area Units | Square Feet | |
Acres | 0.2999 | |
Property Type | Land | |
Features | None | |
Exterior Features | Suburban | |
Subdivision | Lantern Village South (LDS) | |
View | Bluff,City Lights,Coastline,Harbor,Ocean,Panoramic,Water,White Water | |
Waterfront | Ocean Front,Ocean Side Of Highway 1 | |
Lot Description | Bluff,Lot 10000-19999 Sqft | |
Association Fee | 0 | |
Geographic Data | ||
Directions | PCH/GREEN LANTERN | |
County | Orange | |
Latitude | 33.462757 | |
Longitude | -117.708116 | |
Market Area | LT - Lantern Village | |
Address Information | ||
Address | 34412 St Of The Green Lant, Dana Point, CA 92629 | |
Postal Code | 92629 | |
City | Dana Point | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Kendra Wahlin, Broker | |
Listing Agent | Kay Wahlin | |
Listing Agent Phone | 949-433-4300 | |
Buyer Agency Compensation | 2.000 | |
Attribution Contact | 949-433-4300 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 768 | |
MLS Status | Active | |
Listing Date | Feb 5, 2022 | |
Listing Last Modified | Mar 3, 2024 | |
Tax ID | 67223404 | |
MLS Area | LT - Lantern Village | |
MLS # | OC22023360 |
This information is believed to be accurate, but without any warranty.