34412 StDana Point, CA 92629

This exceptional 0.29-acre fee simple land parcel presents a rare coastal development opportunity in Dana Point, California. Located at 34412 Street of the Green Lantern (APN 672-234-04), this Commercial General zoned property boasts breathtaking views of Dana Point Harbor and the Pacific Ocean. Its prime location next to established restaurants, the Chart House and Cannons Seafood Grill, ensures high visibility and foot traffic. The site is ideally suited for restaurant development, capitalizing on the area's thriving tourism and affluent community, with an average income exceeding $160,000. Pre-negotiated valet parking arrangements in a nearby lot are in place, addressing parking needs. This opportunity is further enhanced by its proximity to the Dana Point Harbor's $330 million renovation, including two new hotels, and the Town Center Mixed Use District featuring residential units and retail space. The property's location within one of Southern California's most desirable communities, near Downtown Dana Point, Dana Point Harbor, and The Ritz-Carlton, guarantees strong market demand and potential for significant return on investment. The asking price for this irreplaceable asset is $4,995,000.