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34412 St Of The Green Lantern, Dana Point, CA

$5,495,000 - $5.5M Price - 13,063 Lot Sq. Ft - 462 DOM

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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Essential Information

For 34412 St Of The Green Lantern, Dana Point, CA
  • MLS® # OC19071128
  • Price $5,495,000
  • Lot Square Footage 13,063
  • Type Lot-Land
  • Sub-Type Lots and Land
  • Status Active

Community Information

For 34412 St Of The Green Lantern, Dana Point, CA

Amenities

For 34412 St Of The Green Lantern, Dana Point, CA

View

For 34412 St Of The Green Lantern, Dana Point, CA

Bluff, Catalina View, City Lights View, Coastline View, Harbor View, Marina View, Ocean View, Panoramic View, Pier View, Water View, White Water View

Exterior

For 34412 St Of The Green Lantern, Dana Point, CA

Lot Description

For 34412 St Of The Green Lantern, Dana Point, CA

Bluff Front, Lot 10000-19999 Sqft

Additional Information

For 34412 St Of The Green Lantern, Dana Point, CA
  • Date Listed March 30th, 2019
  • Days on Market 462
  • Zoning Visitor/Recreation

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34412 St Of The Green Lantern Dana Point MLS® #OC19071128

You are viewing the for at 34412 St Of The Green Lantern with the MLS® OC19071128 on Previewochomes.com. This at 34412 St Of The Green Lantern, CA . 92629 is located in the Other (OTHR) subdivision and is currently for featuring a 13063 sq.ft. lot and listed for sale at $5,495,000. This for at 34412 St Of The Green Lantern with the MLS® # OC19071128 has been listed since 2019-03-30.

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Price Change History for 34412 St Of The Green Lantern, Dana Point, CA (MLS® #OC19071128)

Date Details Change
Price Reduced from $5,900,000 to $5,495,000 $405,000 (6.86%)

Based on information from California Regional Multiple Listing Service, Inc. as of July 5th, 2020 at 11:06am 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: Glenn Farmer(01186688) of Group IV International