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Off market
  • Listing Provided by: 
    Price Unknown

    34650-34656 Pacific Coast Hwy #21, Capistrano Beach, CA 92624

    --beds
    --baths
    1.15Acres
    Unimproved Land
    Built in ----
    1.15 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    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 vacationers.

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2025 at 11:45am

    Source: CRMLS,MLS#: NP25036658MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 1.15 Acres
    • Features: 31-35 Units/Acre, Lot Over 40000 Sqft
    Details
    • Additional parcels included: 69141120,69141122,69141164,69141165
    • Parcel number: 69141121
    • Zoning: Commercial
    • Special conditions: Standard

    Utilities & green energy

    • Water: None
    • Utilities for property: Water Not Available

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Capistrano Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange
    Services availability