Lantern Village (LT) Land for Sale

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Newest Lantern Village (LT) Land for Sale

$1,495,000

OC26059772 MLS ⋅ Active Status

PRIME OCEANVIEW DEVELOPMENT OPPORTUNITY IN DANA POINT. 25022 SELVA ROAD VACANT LOT INCLUDES ARCHITECTURAL, ENGINEERING AND LANDSCAPE PLANS FOR CONSTRUCTION OF THREE CONTEMPORARY STYLE CONDOMINIUM RESIDENCES, EACH HAVING 2 BEDROMMS PLUS AN OFFICE WITH 2-CAR GARAGES. IDEALLY LOCATED NEAR DANA POINT HARBOR, STRAND BEACH, DOHENY STATE PARK AND WORLD-CLASS SURFING BEACHES. CLOSE TO THE RITZ-CARLTON RESORT, MONARCH BEACH GOLF LINKS AND DOWNTOWN DANA POINT SHOPS AND RESTAURANTS. A RARE OPPORTUNITY TO BUILD IN A PREMIER COASTAL LOCATION.

25022 Selva, Dana Point

$4,995,000

OC22023360 MLS ⋅ Active Status

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

34412 St Of The Green Lant, Dana Point

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.