Dana Point, CA: The Last Good Deal
Dana Point has the most exciting future of any small city in California due to the new redevelopment plan for Dana Point Harbor. In July 2018, Dana Point Harbor Partners was formally selected to enter into a 66-year partnership with Orange County to redevelop and operate the Dana Point Harbor. This plan was written in 1997 but not much has been done in the 21 years. Therefore, the Harbor Partners presented a new modern plan that brings balance of economic improvements and sustains natural beauty and access to this important resource. The county’s Board of Supervisors unanimously approved the agreement at their June 17 meeting.
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I don’t have to tell you that Orange County is nice. In fact, it may be the most perfect 30 coastal miles in all of America-nice. We all know Newport. We all know Laguna ( remember the show ‘The Hills’ haha ). But Dana Point was never in the spotlight and remained quietly overlooked-until now. This unique land mass is finally getting its moment to shine and completing the perfect trifecta that is Orange County. With a unique land mass forming numerous coves and pristine beaches on west and south shores, I call it the California Riviera because it’s that geographically breath-taking.
So get to the point about Dana Point! Well a few things are super important to know.
Let’s start with how the new harbor project will improve Dana Point and what will it be like. The Dana Point Harbor Partners are Newport Beach based. So just look at the Newport Beach harbor for an indication of what’s to come. The Newport harbor, homes, amenities, and boats are magnificent! The Dana Point Harbor is only 47 years young but was smaller, less utilized and limited in dock spaces for larger yachts. The Dana Point harbor is getting a new upgrade including ability to support larger boats and offer some more posh amenities. To have this harbor in California is a huge economic opportunity and provides direct ocean access with unique resources for the city and a very cool lifestyle for the community. The project is looking to keep an appropriate level of local culture and character to fit with Dana Point and the history of the area, but the developers are planning to expand and enhance everything through a comprehensive build-up and new utilization that goes well beyond a facelift. Dana Point Harbor will become a lot more than it is right now. And that underappreciated charm will grow into a full love affair when visitors will know this is a must stop destination that cannot be overlooked. The new harbor will connect with the Lantern District and Doheny Beach to define the heart of the city and bring an *endless flow of enjoyment and opportunity.
*that’s the part you care about.
The plans call for the rebuild of stores, the marinas, the boat slips, construction of two new hotels ( will replace the existing Marina Inn on Dana Point Harbor Drive ) and an 1,800-space parking structure. In a word, it’ll be UPSCALE. Bigger yachts, better eats and a real center for the city. Additional attractions include a new 9,000 square foot surf museum, highlighting and paying homage to the city’s storied history. How cute is that?
Now, knowing development information helps home buyers because it’s a tell-tale sign that *home values will spike. The city is getting a makeover and it’s by Newport Beach developers, where real estate prices continuously soar. For example, to live in the center of Newport Beach, Corona Del Mar, it’ll cost you over $2 Million. If your bargain shopping you might get lucky with just about $1.5 million to be a back unit. And the line of home buyers never dwindles because this is where everything is happening! So take my advice ( and do as I do -I just bought a home in Dana Point ) and get in NOW.