34412 St Of The Green Lant Dana Point, CA 92629, Dana Point , 92629
Listing ID: OC22023360
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$4,995,000
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Listed: 2 years ago
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Property Description

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

Other located at 34412 St Of The Green Lant Dana Point, CA 92629. 34412 St Of The Green Lant Dana Point, CA 92629 is in the Dana Point neighborhood.
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Listed by: Kendra Wahlin, Broker

Mortgage Estimation Calculate Your Own

20% down payment
$17,501
per month
35% down payment
$14,219
per month
50% down payment
$10,938
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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KJ
Kendra Jean Wahlin
(949) 951-1722

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KJ
Kendra Jean Wahlin
(949) 951-1722
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment