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Coastal Luxury Development Opportunity

$1,600,000
  • 445 m² Plot surface

Description

This is an investor's dream: a parcel ready to build, creating the perfect scenario for immediate development and quick turnaround. Choose to bring your own builder to realize this project, or discuss the option of having the seller undertake the construction. Seize the opportunity to own a prime piece of coastal California real estate at 34011 Ruby Lantern Street, Dana Point. This exclusive 4,792 square foot plot of land is not just any property—it's a street-to-street lot that promises breathtaking ocean views and is fully prepared for immediate development. The land comes with approved plans to construct a stunning 2,229 square foot main house accompanied by a generous 1,200 square foot Accessory Dwelling Unit (ADU). Envision the main house as a luxurious abode featuring 4 bedrooms and 4.5 bathrooms, complete with a two-car garage. This design includes not one, but two ocean view balconies where you can relish the serene vistas of the Pacific. The well-designed ADU offers substantial living space with 3 bedrooms and 3 bathrooms, also boasting a two-car garage for added convenience. The standout feature of the ADU is the 191 square foot Ocean View upper deck, offering an exclusive ocean view that's sure to captivate. Each structure is accessible from separate streets, offering both privacy and flexibility. just moments from the soon to be updated Dana Point Harbor that will be the Jewel of Dana Point and downtown Laguna beach, premier shopping, restaurants, and an array of beautiful beaches, 5 Star Resorts, Golfing, Tennis and Surfing. Don't miss out on this rare chance to develop in Dana Point, an area renowned for its high desirability and strong investment returns. This is where luxury living meets the charm of the seaside. Dive into this unique opportunity at 34011 Ruby Lantern Street, where the canvas awaits your vision to create an extraordinary residential showcase.

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Engel & Völkers

Your advisor: Tony Maniaci

Property ID: AM-5060364

Property details

Property type

Other

Plot surface

445 m²

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Engel & Völkers Dana Point

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