Triplex · 3 recorded sales since 2015
Listing Agent: Christian Wach (DRE #01922260) · Listing Office: Pacific Sotheby's Int'l Realty · Contact: 949-494-3600 · Bought with: Ryan Schramm · Creatus Properties · MLS #OC20119815 · Source: CRMLS
Perhaps the most extraordinary opportunity ever offered on the California coastline, 'Vista de Las Olas' is a special offering. Tastefully designed by acclaimed architect Virgil Westbrook during the 'Spanish Village by the Sea' period of development (1925-1936), this historic, ocean-view landmark estate offers major investment upside with Mills Act eligibility (reduced property taxes) and potential for various uses including B&B, hotel, its original use as one private residence, or its current configuration as three units. Gracing two individual land lots (402 & 404) spanning over a third of an acre, this home captures crisp ocean views from nearly every major room inside. Captivating vistas including whitewater, year-round sunsets over an emerald ocean horizon, Catalina & San Clemente Islands, etched coastline to the headlands at Dana Point, San Clemente pier, and surfers riding waves below are enjoyed from this exquisite villa. Distinguished by its iconic location, Spanish Colonial architectural attributes, and terraced grounds with cascading water feature, this home epitomizes Ole Hanson’s original vision for San Clemente. Extensively renovated approximately 10 years ago, this triplex features many newer upgrades making it very turnkey. With the constant sound of crashing waves nearby and close proximity to restaurants, cafes, world-class surfing and San Clemente’s iconic pier, a feeling of year-round vacation is inspired. An opportunity so rare, this will not last.
Listing description from the July 2020 sale, as reported to CRMLS.