* 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.

Listed By CRMLS_CA / Matthew Wenzel / Marcus & Millichap

Last checked: Checking… • Last updated Oct 26, 2024 • Source: CRMLS_CA

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