TROPHY OCEANFRONT PROPERTY!
CALIFORNIA BLACK SAND BEACH OCEAN FRONTAGE!
PROPERTY COMPRISED OF 3 ADJOINING PARCELS!
½ ACRE & 163' LINEAR FEET OF OCEAN FRONTAGE!
WHALES BREACHING IN FRONT OF THE PROPERTY!
Recent Appraisal + Uniform Residential Appraisal Report (URAR)
IN-HAND and valued at $900,000
COLLIERS INTERNATIONAL, a publicly-traded company and an international leader in property valuation reporting and appraisals, conducted both the appraisal and URAR
A NEW BOUTIQUE HOTEL NEXT DOOR JUST COMPLETED AND LISTED FOR $3,500,000 (neighbor has the exact same 3 lots footprint as these for sale and built the hotel on just one lot!)
3 LOTS OVER IN THE OPPOSITE DIRECTION, IS ANOTHER MULTI-MILLION DOLLAR STUNNING, LONG-STANDING BOUTIQUE HOTEL!
This neighborhood has many GIANT oceanfront estate homes, Bed & Breakfast Inns, and hotels in the community.
½ acre on the Pacific Ocean. This property is 3 adjoining building lots commercially zoned perfect for a business and/or a large custom home.
What can you do with the oceanfront subject property? Here are some options:
Build a large, stunning estate home
Build a long-term rehab facility
Build a senior care facility
Build a Bed and Breakfast or Hotel
Build an oceanfront restaurant
Build a movie theater as there are none in the area
Build an art gallery
Build to suit another construction company or investor
Build to lease
Build 1 house on the middle of the 3 lots then keep 2 for privacy on each side
Build 1 house and sell 2 lots to pay for full construction costs
Build 3 houses and keep one then sell the other 2 for large profits
Keep the land for future construction
Sell the 3 lots on contract terms and create monthly mailbox money
Total price is $900,000 cash or financed for up to 20 years with a strong down payment. All credit welcome yet good credit will earn a better financing APR.
Remember, Colliers International, a publicly-traded and worldwide leading property valuation company, conducted this property's recent 81-page commercial appraisal and Uniform Residential Appraisal Report (URAR), also known as Fannie Mae Form 1004.
The property appraisal and URAR will be made available to serious buyers.
if you are interested.