• Price$5,495,000
  • Acres0.30

34412 St Of The Green Lantern, Dana Point

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.

Essential Information

  • MLS® #OC19071128
  • Price$5,495,000
  • Acres0.30
  • TypeLot-Land
  • Sub-TypeLots and Land
  • StatusActive

Amenities

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

Additional Information

  • Date ListedMarch 30th, 2019
  • Days on Market176
  • ZoningVisitor/Recreation

Community Information

  • Address34412 St Of The Green Lantern
  • AreaLantern Village (LT)
  • SubdivisionOther (OTHR)
  • CityDana Point
  • CountyOrange
  • StateCA
  • Zip Code92629

Exterior

  • Lot DescriptionBluff Front, Lot 10000-19999 Sqft

Listing Details

  • Listing AgentGlenn Farmer(01186688)
  • Listing OfficeGroup IV International
Please provide a valid email address.

Based on information from California Regional Multiple Listing Service, Inc. as of September 23rd, 2019 at 10:52am 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.