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Listed by Aspen Labrador • Compass
$ 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
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25036658
Lot Size 1.149 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
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
Location
State CA
County Orange
Area Cb - Capistrano Beach
Zoning D7,LZ
Exterior
View Ocean
Others
Tax ID 69141121
Special Listing Condition Not Applicable
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037