NOT LISTED FOR SALE

Estimated Value: $594,000 - $860,000

0.26 Acres
$2,798,306 Price per Acre
11,317 Sq Ft Lot

Last Sold June 04, 2024

Last sale price $500,000

Est. 45% increase in value since last sale

Current estimated payment $4,108/month

207 Days on Market

Highlights

  • Ocean View
  • Clarence Lobo Elementary School Rated A-
  • No HOA

About This Lot

As of June 2024

Enjoy the South Orange County Beach Lifestyle with this Development Opportunity to build your coastal Luxury estate. Surrounded by custom homes that average well over $3M+, this vacant lot offers Ocean Views, City Lights and Valley Views. Build your multi-story home here in San Clemente, the “Village by the Sea.” This 180 degree View downslope lot is walking distance to the Del Mar District with trendy restaurants, events, shopping and more. Just a bit further down are the world class picturesque California Beaches that offer surfing, beach activities, San Clemente Pier and Casa Romantica. Come build your Dream Home with a rooftop deck and No Mello Roos and No HOA. Existing road improvement and easy utility connection at street. Owner has 4 adjacent lots for sale. Can be sold individually or all 4 adjacent lots. Elevations have been approved. PROPOSED PRODUCT: Two and one half story homes with 4 and 5 bedrooms with 4 1/2 and 3 1/2 baths with attached two-car garages. Elevations and drawings are available. These luxurious homes will span from approx. 2,909 to 3,082 square feet.Owner may be wiling to offer a joint venture and/or share build.

Last Agent to Sell the Property

Adam Alcaraz

Coldwell Banker Realty Brokerage Phone: 714-658-4147 License #01225657 Listed on: 10/09/2023

Coldwell Banker Realty

Last Buyer's Agent

Mauricio Rodriguez

KW Vision License #01769593

KW Vision

Property Details

Property Type

  • Land

Lot Details

  • 11,317 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned R1

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon
  • Hills

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 16501
  • Assessor Parcel Number 05710260
  • $16 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cotton Hills Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.26 Acres

Listing Details

  • Current Use: Unimproved
  • Possible Use: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Cotton Hills (COTH)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 05710260
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 44.18

Exterior Features

  • View: Canyon, City Lights, Hills, Ocean, Panoramic, Water

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Current Geological: Yes
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 11317.00
  • Lot Size Acres: 0.2598
  • Latitude Manual: 33.42983300

Multi Family

  • Lot Size Area: 11317.0000 Square Feet

Tax Info

  • Tax Census Tract: 421.13
  • Tax Lot: 4
  • Tax Tract Number: 16501
  • TaxOtherAnnualAssessmentAmount: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
May 22, 2024
Sold by
Wang Xueguang and Liu Ling
Bought by
Vesga Family Trust and Martinez
Seller's Agent
Adam Alcaraz
Coldwell Banker Realty
Buyer's Agent
Mauricio Rodriguez
KW Vision
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Views
149
Current Estimated Value
$727,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,000
Avg. Annual Appreciation
23.26%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Nguyen Than and Nguyen Bichlien
Bought by
Wang Xueguang and Liu Ling

Purchase Details

Closed on
Mar 25, 2015
Sold by
First Golden Village San Clemente Llc
Bought by
Nguyen Than and Nguyen Bichlien

Purchase Details

Closed on
Aug 17, 2009
Sold by
Pacific Vista San Clemente Llc
Bought by
First Golden Village San Clemente Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vesga Family Trust $1,000,000 Equity Title
Wang Xueguang $250,000 First American Title Company
Nguyen Than -- First American Title Company
First Golden Village San Clemente Llc $113,000 Stewart Title Of California
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $500,000 -8.3% --
05/03/2024 05/03/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $545,000 0.0% --
10/09/2023 10/09/23 For Sale $545,000 -- --
10/07/2023 10/07/23 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,996 $510,000 $510,000 --
2024 $2,996 $294,566 $294,566 --
2023 $2,932 $288,791 $288,791 $0
2022 $2,877 $283,129 $283,129 $0
2021 $3,416 $277,578 $277,578 $0
2020 $2,793 $274,732 $274,732 $0
2019 $2,739 $269,346 $269,346 $0
2018 $2,911 $264,065 $264,065 $0
2017 $2,685 $258,888 $258,888 $0
2016 $2,680 $253,812 $253,812 $0
2015 $1,236 $120,698 $120,698 $0
2014 -- $118,334 $118,334 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23188041

California Regional Multiple Listing Service (CRMLS)

APN: 057-102-60

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