A rare opportunity to acquire and develop a 0.69-acre hillside parcel located just off Stonehill Drive and Camino Capistrano. Zoned light industrial/commercial, the property allows for a variety of potential uses including boutique multi-story hotel, multi-story self-storage, auto sales and showroom, business and professional offices, caretaker’s residence, agri-business, and parking garage (buyer to verify with city). An engineering proposal and a conceptual architectural design plan for a new storage facility have been obtained and are available for buyer review. The site is ideally situated less than two miles from the Los Rios Historic District, Dana Point Harbor, and area beaches, with convenient access to Highway 1, 5, 73, and 74. Centrally positioned approximately midway between Los Angeles and San Diego, offering excellent regional connectivity.