This is a Foreclosure sale. Appraisal values the property over $19 million done last year. Clients are just trying to recoup their loan investment. This last remaining trophy property ready for development in the coveted Ritz Cove community of Monarch Beach. This is the definition of a trophy property with breathtaking elevated views of the ocean and golf course. This extra large lot can be developed with a house over 29,000 square feet including the garage. Easy to develop with expedited approval through the City of Dana Point. Build and resell for near $40 million.
Based on information from California Regional Multiple Listing Service, Inc. as of October 20th, 2017 at 12:06am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Property Listed By: Robert Crawford(01956587) of Keller Williams-Santa Monica