This has been an exciting time in the Dana Point real estate market as more and more homeowners and builders are electing to buy vacant land and build custom homes rather than buy re-sale homes. This is a strong indicator when the market is starting to improve and is a great sign for the local real estate market. More and more buyers have been looking and purchasing ocean view land in Dana Point, especially in the new Strand Development in Dana Point. It wasn't too long ago that these parcel lots were selling in the low $2 million range for a custom lot with views of the ocean and just steps down to the beach. These prime lots have slowly been purchased in the last year and now starting prices currently begin in the mid $4 million range. At that time of writing this all ocean view lots for sale over $4 million all can be found in the Strand development with a total of 8 parcels for sale.
There are also many other great areas to find ocean view land in Dana Point. You can currently find ocean view lots on Camino Capistrano that are located on the bluff front and are offered for sale for $1,699,000 and $975,000. This would include views of the harbor and coastline from the more expensive lot for sale. Probably one of the best places to look for vacant land is in the Capistrano Beach area of Dana Point. There are many undeveloped parcels of land scattered throughout this area with the potential of building a custom home. Many of these lots are offered for sale privately and on the open market. If you find a great location you can always try to contact the owner direct or work through a real estate agent to negotiate the sale. Buying land and building a home in a beach community can be tricky, especially if you are not aware of local building codes and the building restrictions that comes with the coastal commission. We always recommend working with a local architect who is familiar with these agencies and can help guide you through this process. We have compiled a great list of ocean view land for sale below. Please contact us with any questions at 949-606-4114 today.