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MLS® ID: OC19071128

34412 St Of The Green Lantern

Dana Point, California, 92629

$5,495,000 Active
  • - SQFT
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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Listing courtesy of Group IV International

Amenities

  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0
  • Total Baths
    0
  • Zip
    92629
  • Office name
    Group IV International
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    Visitor/Recreation
  • Year built
    0
  • Lot size
    13063.00
  • Tax year
    0
  • Agent name
    Glenn Farmer
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    S030
  • Agent ID
    SFARMGLE

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