Courtesy of: Aspen Labrador, Compass, aspen@aspenlabrador.com
Courtesy of: Aspen Labrador, Compass, aspen@aspenlabrador.com
$7,975,000
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Lot: 50,041.00 Square Feet
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Other
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$7,975,000
34650 Pacific Coast Highway 34656 Rare 1.15-acre coastal development site in the heart of Dana Point, one of Southern California鈥檚 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.
Courtesy of: Aspen Labrador, Compass, aspen@aspenlabrador.com
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