Auction Date: Minimum bid $699,000
AUCTION – Auction date June 19, 2019 NOON PT | Sealed Bid Auction
AUCTION. Bids due on or before June 19th Noon. Minimum Bid $699,000. The property will sell at this price or higher. HERE IS YOUR CHANCE TO OWN 25.5 ACRES WITH INCREDIBLE VIEWS! CATALINA, DANA POINT HARBOR, PANORAMIC OCEAN & MOUNTAIN VIEWS! UNSURPASSED ACREAGE LOCATED IN THE MIDDLE OF THIS BEACH CITY IS NEARLY UNHEARD OF! THIS OFFERING IS A 25.5-ACRE PARCEL, ENCLOSED WITH APPROXIMATELY 10,000 F.T. OF CHAIN LINK FENCE. DIRT ROADS SUITABLE FOR AN SUV TYPE VEHICLE RUNS FROM ONE SIDE OF THE PROPERTY TO THE OTHER, WITH PLENTY OF TRAILS ALLOWING WALKS, HIKES & MANY OTHER MODES OF EXPLORING THIS HIDDEN JEWEL. BUILD YOUR DREAM HOME OR CHECK WITH THE CITY ON BUILDING MULTIPLE PROPERTIES! EXISTING ZONING R-11 & RVL-1 ALLOWS FOR CONSTRUCTION OF TWO HOMES ON THE BEAUTIFUL CUL-DE-SAC WITH OCEAN VIEW SITES. CONDITIONAL USE PERMIT MAY ALLOW FOR AN EQUESTRIAN ESTATE, ADD A HELIPAD AND ORCHARD!! OPTIONS ABOUND FOR THIS TRULY RARE PROPERTY. CHECK WITH THE CITY FOR DETAILS AND OPTIONS. MAY BE ALLOWED TO DO A LOT SPLIT ON THE LAND FACING AVENIDA PRESIDIO. LOT IS BETWEEN EXISTING HOMES AT 914 & 916 AVENIDA PRESIDIO. (PLEASE DO NOT DISTURB THESE PROPERTY OWNERS OR WALK ON THEIR PROPERTIES, THANK YOU) THIS LOT WOULD BE APPROX 18,000 SQ.FT. THERE IS POSSIBILITY FOR NEW OWNER TO SPLIT OFF THAT PARCEL & SELL THAT LOT. PLEASE CALL OFFICE FOR ALL DETAILS. The minimum bid is $699,000. The property will sell at this price or higher. A 5% buyer’s premium will be added the final sales price.
Agents get paid a 2.5% commission.