Active
34412 St Of The Green Lant
DANA POINT CA, 92629
$4,995,000
$382.38 per sqft
Active
0.3 Acres
Land
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
OC22023360MR
MLSⓇ ID
February 5, 2022
Listed
December 8, 2024
Updated
Map
34412 St Of The Green Lant
DANA POINT CA, 92629
Exterior/Building Features
Lot Size
0.3 Acres
Other Property Details
Area Name
Lantern Village
Days on Market
1037
Garage
No
View
Yes
View Description
Bluff, City Lights, Coastline, Harbor, Ocean, Panoramic, Water, White Water
County
Orange
Water Source
Public
Pool
No
Zoning
COMMERCIAL
Listed by Kay Wahlin with Kendra Wahlin, Broker
Listing Contact: 949-433-4300
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/8/2024