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$ 7,975,000
Est. payment | /mo
1.15 Acres Lot
$ 7,975,000
Est. payment | /mo
1.15 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25036658
HOA Y/N No
Lot Size 1.149 Acres
Property Description
Rare 1.15-acre coastal development site in the heart of Dana Point, one of Southern California's premier beachfront destinations. The property is currently in the entitlement process for a 33-room boutique hotel, designed as a three-story building with a dedicated parking garage. While not yet fully approved, plans are progressing through the city's review process, presenting a unique investment opportunity in a high-growth hospitality market.
This site is located in a premier coastal area known for its luxury resorts, stunning beaches, and strong tourism demand. The entitlement process is underway for a three-story, 33-room boutique hotel with dedicated parking. Dana Point Harbor is undergoing a $400+ million redevelopment, which includes new hotels, restaurants, retail, and a modernized marina, further enhancing the area's appeal and increasing tourism demand.
Dana Point remains a strong hospitality market with high average daily rates and occupancy levels. Coastal development opportunities in this prime area are extremely limited, making this a rare chance to develop in a high-barrier-to-entry market. With the ongoing revitalization of Dana Point Harbor, this property is strategically positioned for a successful boutique hotel that caters to tourists, business travelers, and vacationers.
This site is located in a premier coastal area known for its luxury resorts, stunning beaches, and strong tourism demand. The entitlement process is underway for a three-story, 33-room boutique hotel with dedicated parking. Dana Point Harbor is undergoing a $400+ million redevelopment, which includes new hotels, restaurants, retail, and a modernized marina, further enhancing the area's appeal and increasing tourism demand.
Dana Point remains a strong hospitality market with high average daily rates and occupancy levels. Coastal development opportunities in this prime area are extremely limited, making this a rare chance to develop in a high-barrier-to-entry market. With the ongoing revitalization of Dana Point Harbor, this property is strategically positioned for a successful boutique hotel that caters to tourists, business travelers, and vacationers.
Location
State CA
County Orange
Area Cb - Capistrano Beach
Zoning Commercial
Interior
Fireplace No
Exterior
Community Features Sidewalks
Utilities Available Water Not Available
View Y/N Yes
View Ocean
Building
Lot Description 31-35 Units/Acre, Lot Over 40000 Sqft
Water None
New Construction No
Others
Senior Community No
Tax ID 69141121
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Aspen Labrador • Compass • 949-463-9892