34412 Street Of The Green Lantern

Dana Point, CA 92629

$4,995,000
Price
13,063 / 0.30
Lot Size / Acres

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...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
  1. Listed by Kay Wahlin • DRE #01031355 • Brokerage DRE #01031355 • Kendra Wahlin, Broker • 949-433-4300

Property Details for 34412 Street Of The Green Lantern

View
Bluff, City Lights, Coastline, Harbor, Ocean, Panoramic, Water, White Water
Lot Size Source
Assessor
Assessor Parcel Number
672-234-04
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 12/08/2024 03:16 AM

Property Details for 34412 Street Of The Green Lantern

StatusActive
MLS #OC22023360
Days on Market1047
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.30 AC
CountyOrange County

Building Information for 34412 Street Of The Green Lantern

Lot Size0.30 AC

Property Information for 34412 Street Of The Green Lantern

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $62
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Exterior Features
  • Fence: Wood
  • Fencing: Wood
  • View Description: Bluff, City Lights, Coastline, Harbor, Ocean, Panoramic, Water, White Water
  • Waterfront Features: Ocean Front, Ocean Side Of Highway 1
Distance To
  • Distance To Water: 25
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Bluff, Lot 10000-19999 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Utilities: None
  • Electric: None
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Lantern Village South
  • Builders Tract Code: Lantern Village South (LDS)

Property History for 34412 Street Of The Green Lantern

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 34412 Street Of The Green Lantern

Taxable ValueLand$386,858Additions-Total$386,858
Tax Record2024$3,982 ($332 / month)
Home Facts
Beds0Lot Size5,889 SqFtStyleResidentialCountyORANGEAPN672-234-04

Schools near 34412 Street Of The Green Lantern

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Richard Henry Dana Elementary School
PublicK to 5

Marco Forster Middle School
Public6 to 8

Dana Hills High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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34412 Street Of The Green Lantern is a 0.30 ac of land for sale in Dana Point, CA 92629. This property was listed for sale on February 5, 2022 by Kendra Wahlin, Broker, it's currently listed at $4,995,000. It has been on the market for a total of 1047 days and was last sold on September 7, 2016. This listing's school district is Capistrano Unified School District. Nearby schools include Richard Henry Dana Elementary School, Marco Forster Middle School and Dana Hills High School. 34412 Street Of The Green Lantern is a 0-bed, 0-bath, 0.30 ac of land on a 13,063 sq. ft. / 0.30 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Kendra Wahlin, Broker, Kay Wahlin, DRE #01031355

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.