* Two Ocean View Custom Home Lots on ±60.9 Acres with Amazing Ocean Views *
* A Premier Development Opportunity in Coastal Laguna Niguel *
* Priced at only $1,033,344 per Buildable Acre *
The subject property is an extraordinary custom home development site located in the affluent coastal Southern California city of Laguna Niguel. Located at the intersection of Crown Valley Pkwy and Pacific Island Drive, the subject property consists of four contiguous parcels of land. The development site totals ±60.9 acres with approximately 5.98 of those acres located in two buildable pads on the central ridgeline. This site is currently zoned for the development of a huge 20,000 SF residential estate on the ±4.75 lower pad along with a 5,000 SF house on the ±1.23 acre upper pad.
Both of the two buildable pads have expansive views of the Pacific Ocean overlooking the Ritz-Carlton Resort and Dana Point. One major benefit of this site is the net buildable acreage of each of the pads – they are both large enough to allow a developer the ability to add additional amenities to the property such as swimming pools, a tennis court, additional outbuildings or an oversized lawn/garden and will give a new owner a unique estate property with an amazing level of privacy and virtually no immediate neighbors.
Based on information from California Regional Multiple Listing Service, Inc. as of February 16th, 2020 at 8:32pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.