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    34412 St Of The Green Lantern

    Dana Point, CA 92629
    • $4,995,000
    • STATUS: ACTIVE
    • ON SITE: 277 days
    • ID#: 301874748
    Price Reduced
    UPDATED: 31 min ago
    $4,995,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Bluff front Restaurant/Hotel development opportunity overlooking the incomparable Dana Point Harbor. Current Seller plans are for approximately 8,500 sq. ft. premium restaurant or 19 luxury guest rooms with spacious private decks and incredible ocean, harbor and coastline views. With over 2.5 million visitors 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 restaurants and m Bluff front Restaurant/Hotel development opportunity overlooking the incomparable Dana Point Harbor. Current Seller plans are for approximately 8,500 sq. ft. premium restaurant or 19 luxury guest rooms with spacious private decks and incredible ocean, harbor and coastline views. With over 2.5 million visitors 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 restaurants 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 guests will enjoy walkable access to the harbor activities, coastal hiking trails, Strands Beach and the newly developing downtown Lantern Village. Restaurant 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 8/26/19 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 INDENTICAL SQUARE FOOTAGE. THE FIRST NEW PROJECT TO BE APPROVED ON THE BLUFF IN 40+ YEARS.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.welcometosandiegorealestate.com/homes/100731075
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    34412 St Of The Green Lantern Dana Point, CA 92629

    • Price: $4,995,000
    • Status: ACTIVE
    • Updated: 31 min ago
    • ID#: 301874748
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    Oc - Dana Point (92629)
    Property Description
    Bluff front Restaurant/Hotel development opportunity overlooking the incomparable Dana Point Harbor. Current Seller plans are for approximately 8,500 sq. ft. premium restaurant or 19 luxury guest rooms with spacious private decks and incredible ocean, harbor and coastline views. With over 2.5 million visitors 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 restaurants and m Bluff front Restaurant/Hotel development opportunity overlooking the incomparable Dana Point Harbor. Current Seller plans are for approximately 8,500 sq. ft. premium restaurant or 19 luxury guest rooms with spacious private decks and incredible ocean, harbor and coastline views. With over 2.5 million visitors 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 restaurants 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 guests will enjoy walkable access to the harbor activities, coastal hiking trails, Strands Beach and the newly developing downtown Lantern Village. Restaurant 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 8/26/19 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 INDENTICAL SQUARE FOOTAGE. THE FIRST NEW PROJECT TO BE APPROVED ON THE BLUFF IN 40+ YEARS.
    Exterior Features

    Lot Dimensions Approx 111X107 View CityOceanPanoramic

    Property Features

    Home Owners Fees 0.0 Terms CashExchange Water Meter On Property Zoning Visitor/Re

    Listing provided courtesy of Group IV International. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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