34412 St Of The Green Lant, Dana Point

$4,995,000

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0.30

Acres

Listing Agent
Kay Wahlin - Kendra Wahlin, Broker

About 34412 St Of The Green Lant

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.GREAT OPPORTUNITY FOR INVESTOR THAT CAN REQUEST ZONING CHANGE, AND WHAT IS GOING ON IN CALIFORNIA NOW FOR RESIDENIAL,MULTI FAMILY OR COMMERCIAL BASED ON VALUES THIS LOT WOULD BE WORTH 2.5 OF WHAT IS ASKING PRICE.GREAT OPPPOTUNITY WITH THIS LOCATION.

Features of 34412 St Of The Green Lant

MLS® # OC22023355
Price $4,995,000
Bathrooms 0.00
Acres 0.30
Type Commercial Sale
Sub-Type Unimproved Land
Status Active

Community Information

Address 34412 St Of The Green Lant
Area LT - Lantern Village
City Dana Point
County Orange
Zip Code 92629

Amenities

Utilities None
Is Waterfront No
Waterfront Ocean Front, Ocean Side Of Highway
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Bluff

Additional Information

Date Listed February 5th, 2022
Days on Market 864
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentKay Wahlin
OfficeKendra Wahlin, Broker

Listing Map

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