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.
This is a 2 acre residential parcel zoned RSF4. It can be subdivided to 9 lots that fit the current minimum lot size per the zoning. The property is hilly with some flat and buildable portions. It has all utilies on site and there is an existing 2000 sq ft home in poor condition. This is a potential coastal housing development in an area with high median home prices and in close proximity to the Dana Point Harbor redevelopment.
Rare coastal land opportunity in Dana Point’s desirable Lantern District. This approximately 5,600+ sq ft parcel offers potential ocean and coastal views and is ideally located near Dana Point Harbor, beaches, restaurants, and ongoing area revitalization. The seller previously initiated planning and design efforts for a custom residence and advanced the project through various stages of the review process. The property is now being offered in its current stage of progress. Any prior plans, reports, or related materials, if available, may be provided for buyer review. No representations are made regarding approval status, development feasibility, or future buildable area. Buyers are encouraged to conduct their own independent investigations with the City of Dana Point, Coastal Commission, and appropriate professionals regarding zoning, permitting requirements, utilities, coastal regulations, and development potential. An attractive opportunity for builders, investors, or end users seeking a coastal homesite with long-term upside in one of Southern California’s premier beach communities.
Nestled within the exclusive oceanfront community of Ritz Cove in the charming coastal city of Dana Point, this exceptional 14,954-square-foot lot promises a rare opportunity to realize your coastal dream. Perched atop a picturesque landscape, it offers captivating vistas of the Pacific Ocean and the Monarch Beach Golf Links – an ideal setting to craft your dream home. Ritz Cove is synonymous with opulent Southern California coastal living. This coveted community, featuring 24/7 guarded gates for privacy and security, ideally has direct beach access. Enjoy the convenience of being just a stone's throw away from the world-famous Ritz- Carlton and Monarch Beach Resort, where you can savor the finest dining, spa treatments, and recreational activities. The lot is your canvas to design the coastal retreat you've always envisioned. Whether your heart leans towards a Mediterranean villa, a contemporary masterpiece, or a cozy beach cottage, this lot serves as a canvas for your creative aspirations. Imagine the symphony of ocean waves awakening your senses each morning and the awe- inspiring sunsets painting the sky as you wind down your day. This is more than just land; it is the foundation for a lifestyle harmonizing luxury, natural beauty, and community spirit. Take the chance to be part of the coveted Ritz Cove lifestyle. Embrace the California dream, where daily life feels like an everlasting vacation. Seize this remarkable lot and embark on building your coastal legacy today.
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
Dana Point is located in California. Dana Point, California has a population of 33,327. Dana Point is less family-centric than the surrounding county with 26.45% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Dana Point, California is $111,132. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Dana Point is 48.5 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 42.5 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
