USACADana PointLantern Village South (Lds)34412 Green Lantern St
34412 Green Lantern St, Home with 0 bedrooms, 0 bathrooms and null parking in Dana Point CA | Image 1
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$4,995,000

34412 Green Lantern St, Dana Point, CA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 1252
Approx. Age 
MLS® Number OC22023355

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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. 1500-1800 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.Great opportunity for investor that can request zoning change, and what is going on in california now for residenial, multi family or commercial based on values this lot would be worth 2.5 of what is asking price.Great opppotunity with this location.Show Description
MLS® NumberOC22023355
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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