Dana Point, CA 92629 34412 St Of The Green Lant
$4,995,000
Presented By: Kay Wahlin with Kendra Wahlin, Broker; 949-433-4300
Home Details
SELLERS WILL ENTERTAIN 1/3-1/2 INVESTOR OR GROUP TO DO A JOINT VENTURE FOR THIS BLUFF FRONT HOTEL DEVELOPMENT OPPORTUNITY OVERLOOKING THE INCOMPARABLE DANA POINT HARBOR.CURRENT SELLER PLANS ARE FOR APPROX. 17000 SQ.FT. PREMIUM 8 LUXURY VILLAS (2 BEDROOM 2 BATH APPROX. 1500-1700 SQ. FT. EACH, ON ONE LEVEL) 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, 600 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 10/30/2024 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
Presented By: Kay Wahlin with Kendra Wahlin, Broker; 949-433-4300
General for 34412 St Of The Green Lant
Additional Parcels Y/NNo
CityDana Point
Community FeaturesSuburban
CountyOrange
Current FinancingNone
DirectionsPCH/GREEN LANTERN
HOANo
HOA Fee$
Land Lease Y/NNo
Listing TermsCash, 1031 Exchange, Lease Back, Lease Option, Owner Will Carry, Submit, Trade
Lot Size Square Feet13063
Lot Size UnitsSquare Feet
MLS AreaLT - Lantern Village
New ConstructionNo
PostalCityDANA POINT
Property TypeLand
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameLantern Village South (LDS)
UtilitiesNone
ViewBluff, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
Waterfront FeaturesOcean Front, Ocean Side Of Highway
ZoningCOMMERCIAL
Exterior for 34412 St Of The Green Lant
FencingWood
Lot FeaturesBluff
Lot Size Acres0.2999
Lot Size Area13063
Lot Size SourceAssessor
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
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