NOT LISTED FOR SALE
5.5 Acres
-- Price per Acre
239,580 Sq Ft Lot

Sale Details

Date Sold: January 12, 2012

Last sale price $1,500,000 $250 Per Sq Ft

92 Days on Market

Highlights

  • White Water Ocean Views
  • 5.5 Acre Lot
  • Up Slope from Street
  • El Morro Elementary School Rated A+
  • No HOA

About This Lot

As of January 2012

Bank-owned land for sale! 4 adjacent whitewater-view custom home lots in the Laguna Royal neighborhood. Spectacular panoramic ocean, coastline and Catalina views. Current entitlements allow three of the lots (parcels 1-3) to be constructed as through lots, which maximizes view potential, allows for superior home design, and reduces construction costs. Parcel 4, a 4.73-acre estate lot which sits above all other adjacent development, has approved plans for a 5,105 square foot home offering unobstructed 180 degree coastline views. Lot 1: 10,211 SF, Lot 2: 11,876 SF, Lot 3: 12,902 SF, Lot 4: 206,038 SF. Prior to obtaining building permits, an unpaved access road will need to be paved and reinforced with a retaining wall.

Last Agent to Sell the Property

Nasser Mustafa

ASG Development Advisors License #01035315 Listed on: 09/14/2011

Last Buyer's Agent

Nasser Mustafa

ASG Development Advisors License #01035315 Listed on: 09/14/2011

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Property Details

Property Type

  • Land

Lot Details

  • 5.5 Acre Lot
  • The property's topography is hillside
  • Property is zoned Coastal

Parking

  • Up Slope from Street

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Canyon

Utilities

  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05605113

Property Details

Property Type

Land

Lot Details

5.5 Acres

Listing Details

  • Current Use Comments: vacant
  • Improvements: Access road must be improved. Contact listing broker for additional information.
  • Possible Use Comments: Custom homes.
  • Subdivision Name Other: Coast Royal (CR)
  • View: Yes
  • Zoning: Coastal
  • Property Type: Land
  • Parcel Number: 05605113
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.26

Exterior Features

  • View: Catalina, City Lights, Canyon, Coastline, Ocean, Panoramic, White Water

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Topography: Hillside
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 239580.00
  • Lot Size Acres: 5.5000

Multi Family

  • Lot Size Area: 5.5000 Acres

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2012 01/12/12 Sold $1,500,000 -36.2% $250 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
09/14/2011 09/14/11 For Sale $2,350,000 -- $392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K11122048

California Regional Multiple Listing Service (CRMLS)
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