1010 Palo Alto St Dana Point, CA 92629

Exceptional opportunity to acquire a 5,000 square foot residential lot in desirable Dana Point, California. Located at 1010 Palo Alto Street SW, 92629, this property boasts breathtaking ocean views and is situated on a 50' x 100' parcel. The lot is zoned R1 and features a prime location between Oro Street and Quivera Street, at the northeast corner of Palo Alto Street and Capistrano Avenue. Surrounded by multi-million dollar custom homes, this vacant land presents a significant investment opportunity. Enjoy the active coastal lifestyle with easy access to seven miles of pristine beaches, sea caves, tide pools, and bluffs. Nearby parks, hiking and biking trails offer abundant recreational opportunities. The renowned Festival of Arts, fine restaurants, boutiques, and world-class art galleries are all within city limits. Arch Beach's captivating ocean views and sunsets enhance the property's desirability. With over 20,000 acres of protected wilderness nearby and a location halfway between Los Angeles and San Diego, this property offers convenient access to major urban areas. This lot presents a unique chance to build a primary residence, a year-round retreat, or a second home in sought-after Orange County. Please note that according to the City of Laguna Beach, the lot is currently non-buildable. Prospective buyers are responsible for conducting due diligence to determine buildability. The asking price is $99,000. The Assessor's Parcel Number (APN) is 644-452-16.