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$7,000,000price
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* ±5.98 Buildable Acres with Amazing Ocean Views - A Premier Development Opportunity in Coastal Laguna Niguel * * Priced at only $1,170,568 per Buildable Acre * The subject property is an extraordinary development site in the affluent coastal Southern California city of Laguna Niguel. Siena Summit boasts ±60.9 acres in total with approximately ±5.98 of those acres located in two buildable pads on the site’s central ridgeline. Both of the buildable pads are located high up the ridgeline and have expansive views of the Pacific Ocean as they overlook the Ritz-Carlton Resort and beautiful Dana Point. Located at the intersection of Crown Valley Pkwy and Pacific Island Dr, this property consists of four contiguous parcels of land. At the current time this site has been approved by the city of Laguna Niguel for the development of a 20,000 SF residential estate along with a 5,000 SF guest house, although many other high end uses have been proposed for this amazing site as well. With ±5.98 total acres in the two buildable pads and a list price of $7,000,000, a developer will be able to purchase this parcel of A+ prime coastal real estate for a price of only $1,170,568 per net buildable acre. Prime coastal development real estate in south Orange County

Listing Details

Essential Information

MLS® #: PW17010745MR
Price: $7,000,000
Type: Land
Status: Active

Community Information

Address: Crown Valley Pky
Area: Laguna Niguel South, S of Crown Vly, W of Niguel
City: LAGUNA NIGUEL
County: Orange
State: CA
Zip Code: 92677

Amenities

View: Coastline, Golf Course, Ocean

Additional Information

Date Listed: January 17th, 2017
Days on Market: 304
Zoning: RSF-8
Listing Agent: Matthew Wenzel (01198357)
Listing Office: Marcus & Millichap
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Last updated on November 18th, 2017 at 9:32am PST