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29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E, Laguna Niguel, CA 92677
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29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E Laguna Niguel, CA 92677

$3,200,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Pending
$3,200,000 Get Pre-Qualified

Property Overview: 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E Laguna Niguel, CA has -- bedrooms, -- bathrooms, -- living square feet and 44,603 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: PRIME 1-ACRE VACANT PARCEL ZONED FOR MULTI FAMILY RESIDENTIAL IN CITY OF LAGUNA NIGUEL. Parcel is on Crown Valley Parkway 4.5 miles from picturesque Salt Creek Beach Dana Point, at NW corner of Central Park Drive and Parkside Drive East. Housing built on parcel will have fabulous views overlooking Crown Valley Park, Amphitheater, Botanical Preserve, and Laguna Niguel Community Center. A feasibility study to build housing was done that shows great potential for developing up to nine (9) houses of sizes between 2,100 to 2,300 sq ft. Feasibility Report shows houses built on the parcel are estimated to be sold for $15 mil to $16 mil in today's market. Development cost is estimated to be $6 mil. So there is approx $9 mil to $10 mil gross profit left for buyer/developer. Instead of developing nine houses, buyer may build fewer but larger houses. Prospective buyers are encouraged to review the Feasibility Report attached here as Supplement. Great opportunity for investors and developers wanting to build and sell houses, or for someone wanting to build few large homes for themselves and their family members in a gated community setting. This is one of a kind parcel and would not last long. Contact Listing Broker asap to discuss any questions regarding the Feasibility Report and submit offer.

Listed by Zafar Mehdi | BRE #01707367 | Gemstar Properties
Last checked: 7 minutes ago | Last updated: June 21st, 2024 | Source CRMLS | DOM: 26
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Home details

Lot Sq. Ft
44,603
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Pending
MLS#
OC24092236
City
Laguna Niguel
County
Orange
Time on Site
31 days

Open Houses for 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E

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Property Details for 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Panoramic
  • Parcel Number: 65408304
  • Offered With Property: Feasibility Report to develop housing on the Parcel attached as Supplement
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
Location / Neighborhood
Location Information
  • Subdivision Name: Park Niguel (PN)
  • Directions: From 5 Fwy, Exit Crown Valley Parkway going South, Parcel is 2.2 miles on Right at Central Park Dr
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Laguna Niguel Agent

Sale History for 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E

View property's historical transactions

  • June, 2024

  • Jun 21, 2024

    Date

    Pending

    CRMLS: OC24092236

    $3,200,000

    Price

  • May 25, 2024

    Date

    Active

    CRMLS: OC24092236

    $3,200,000

    Price

Tax History for 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E is listed 107.93% higher than the median list price for the city of Laguna Niguel which has a median list price of $1,539,000.

About 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E

Detailed summary of property

29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E is a land located in Laguna Niguel, CA 92677 and is currently in escrow to be sold. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 44,603 square foot lot. 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E was first listed on ArdentRealEstateGroup.com on May 26, 2024. The homeowner is currently asking $3,200,000. The median priced home in Laguna Niguel is $1,539,000 with a median price per square foot of $749. Based on Ardent Real Estate Group's Laguna Niguel Market Data, this home is listed 107.93% higher than the median priced home. While the average home in Laguna Niguel, CA is selling in 36 days, 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E has a days on market of 26 days. There are currently 169 homes for sale in the Laguna Niguel real estate market and 108 of them are single family homes while 51 of them are condos and 10 are townhomes. For more information on this home for sale at 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E Laguna Niguel, CA 92677 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Niguel agents.

Public Facts for 29763 Crown Valley Pkwy-Central Park Dr & Parkside Dr E

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92677 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$1,415,000
Median Sold Price/Sq.Ft.
$756
Total Inventory
168
Median Sale to List Price %
99.3%
Avg Days on Market
16
Loan Type
Conventional (41.38%), FHA (1.72%), VA (1.72%), Cash (29.31%), Other (25.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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