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

$--,---,---
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  • Key Facts
  • Description
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Key Facts

Type 
Levels Land
Size -
Garage No
Taxes 
Days Active 1331
Lot Size 
Approx. Age 
MLS® Number OC22023360

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. 1500-1700 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 opportunityShow Description
MLS® NumberOC22023360
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2999
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

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