Active

34412 St Of The Green Lant

Dana Point, CA 92629
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SqFt13,063

Sqft(Lot)

SELLERS WILL ENTERTAIN 1/3-1/2 INVESTOR OR GROUP TO DO A JOINT VENTURE FOR THIS BLUFF FRONT HOTEL DEVELOPMENT OPPORTUNITY OVERLOOKING THE INCOMPARABLE DANA POINT HARBOR.CURRENT SELLER PLANS ARE FOR APPROX. 17000 SQ.FT. PREMIUM 8 LUXURY VILLAS (2 BEDROOM 2 BATH APPROX. 1500-1700 SQ. FT. EACH, ON ONE LEVEL) 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, 600 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 10/30/2024 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

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Detail Ic Property Details

Property Type : Land

Price : $4,995,000

AD Id : 45792541

MLS Id : OC22023360

Lot Size : 13,063 Sqft(Lot)

County : Orange

Subdivision: Fallbrook

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Feature Features

  • Fencing

    Wood

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2999
  • Lot Size Source: Assessor Lot Size Square Feet: 13063

  • Listing Price Information

    Original List Price: 4,995,000 Listing Contract Date: 2022-02-05
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 67223404

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: LT - Lantern Village Directions: PCH/GREEN LANTERN Zoning: COMMERCIAL Source Property Type: Land Area: LT - Lantern Village
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
32791 Del Obispo Street, Dana Point, CA, 92629 $3,300,000 -- -- -- 87,120 Sqft(Lot)
25022 Selva, Dana Point, CA, 92629 $1,495,000 -- -- -- 8,290 Sqft(Lot)
14 Ritz Cove Drive, Dana Point, CA, 92629 $8,900,000 -- -- -- 14,954 Sqft(Lot)

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ByOwner last updated this listing 06/20/2026 @ 23:27

MLS: OC22023360 LISTED BY: Kay Wahlin, Kendra Wahlin, Broker 949-951-1722 SOURCE: CRMLS

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