501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
501 Elena Lane
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$2,500,000

501 Elena Lane

6,565 Sq.Ft.

Description

Amazing Development Opportunity in the San Clemente Pier Bowl area. This beautiful building is designed by Michael Luna and features two separate units that can be kept as a duplex or sold individually. Perfect opportunity for an owner/builder to build one and keep the other. Each unit features an ocean view rooftop deck, 2 car garage, private elevators, second-level decks and spacious kitchens with an open floor plan concept. Unit A features 3,307 square feet of living space, garage plus storage space, parlor entry, main floor guest room with ensuite bathroom, laundry, and private elevator. The second level features open concept living with a kitchen/dining area, a private den, and a large living area that opens to your own private deck. The third level features two secondary bedrooms and the primary suite with a wraparound deck. Unit B features 3,528 square feet of living space, garage plus storage space, private laundry, parlor entry on the first floor with a full deck and a private elevator. The second level features a study, formal dining room, open kitchen, fireplace and deck. The third level features 2 secondary bedrooms and the primary suite with a private deck. Both units include a spacious and open rooftop deck with ocean views, fireplace, grill and a sink. Plans have been submitted to the city. Demolition is expected to start in May so there is a limited time to purchase before the owner takes it off the market and completes the development. Just a short distance to beach access, San Clemente Pier and great downtown shops and restaurants on Avenida Del Mar. Existing structure to be sold as-is with plans and reports.

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Location

501 Elena Lane, San Clemente, CA 92672

Status

Sold

Property Amenities

Interior
Laundry room Electric Dryer Hookup, Gas Dryer Hookup, Inside
Fireplace Living Room
Other Interior Features Balcony, Elevator, Living Room Deck Attached, Open Floorplan, Unfurnished, Bar, Primary Suite, Walk-In Closet(s)
Area & Lot
Lot Area 5,013.756 Sq.Ft.
Living area 6,565 Sq.Ft.
MLS® ID OC22019176
Year Built 2022
Water Frontage ['Ocean Side Of Freeway', 'Ocean Side Of Highway']
View Description Catalina,Coastline,Neighborhood,Ocean,Pier
Architecture Styles Spanish
Type Multi-Family
Status Sold
Exterior
Stories 3
Pool None
Air conditioning Central Air
Heat type Central, Forced Air
Water Source Public
Garage Space 4.0
Security Features Fire Sprinkler System
Sewer Public Sewer
Parking Door-Multi, Driveway, Garage
Lot Features 2-5 Units/Acre
Roof Spanish Tile
Finance
Sales Price $2,500,000

Work With Us

We work closely with each client we represents. Our approach is one of collaboration, with our highest priority being to meet our client’s goals. When we first connect, we learn what you want to accomplish and we stay in cadence until that happens.