35491 Camino Capistrano is an opportunity to build a magnificent, modern architectural masterpiece, designed by FoxLin Architects. The purchase includes City of Dana Point & California Coastal Commission approved plans to build this extraordinary ocean bluff top home. Situated on one of the largest, mostly flat, usable lots along the bluffs of Dana Point, you have 94 feet of width, and 189 feet from front to back. You enter into a private and secured courtyard surrounded by walls of glass, water features, and a two story high living plant wall. The floor plan is nothing short of perfection, with the heart of the home being the great-room/kitchen which features 12' ceilings, and approximately 50 feet of pocketing glass doors which create an indoor/outdoor experience of epic proportion. This room features jaw dropping white water views overlooking a disappearing edge pool & spa, California Room, and thousands of square feet of paths, patios, and gardens. (60-80' of back yard before bluff edge) Also on the main level is a large ocean front guest room, a private office which opens to a side yard zen garden, a wine wall, mud room, and an elevator. Once upstairs you'll find that the extreme width of the lot allowed for the primary bedroom suite, as well as a second family room, and two of three additional bedrooms suites all facing the ocean. Upstairs features 9.5' ceilings, a home theater, a gym, and also a 4th bedroom suite which can be used as an ADU with private stairs from the outside. Recent sales of new construction on Camino Cap have been $1390 & $1705 sq.ft. Building yourself should save at least $5M versus buying a finished house. Call agent to review floor plans and contractor proposals. This makes sense for an end user, or a spec builder looking for their next project! Please note that there is an existing 3 bedroom 2600 sq.ft single story home, and a 1200 sq.ft 2 bedroom guest house on property that could make purchasing easier with more financing options available compared to vacant land financing. Opportunities like this are scarce, as it averages 2 to 3 years to obtain permits to build along the coast. This one is a turnkey build package ready to go on a premium lot, with panoramic white water ocean views spanning from San Clemente to Dana Point Harbor, Dana Headlands, and a view all along the sandy coastline of Doheny State Beach, as well as an excellent view of Catalina Island and on a clear day San Clemente island.
Listing courtesy of Michael Bojorquez from Coldwell Banker Realty
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