Nestled on a private, grand hillside overlooking the Pacific, this is a once in a lifetime opportunity to acquire a panoramic ocean view 14.7 acre lot with Coastal Commission Approval (subject to conditions) and City of Dana Point Building Department Approval (subject to conditions) to build a world-class single family residence compound boasting over 17,400 in total building square footage. The lot is perched over 500 feet above sea level providing 180 degree ocean, coastline, Catalina, Ritz Carlton Resort and golf course views. This exceptional property gives you the feeling of complete serenity yet is still conveniently located just minutes to highly-acclaimed communities of Dana Point and Laguna Beach including Salt Creek Beach. The lot is accessed via a public road, "Caribbean Drive" and is not located in a Bond District nor an area associated with a Home Owners Association.
Wonderful street-to-street gentle slope lot with views, possible three-story home to build in the heart of Dana Point's Lantern District. Close to shops and restaurants, trails, vistas and habitat reserve, Laguna Beach, world-famous resorts and all that beach town living has to offer. Amazing opportunity for developers and those who want their dream home in this magical location!