"Huge Price Reduction-Commercial opportunity allowing this to become an exquisite Bed & Breakfast, Motel or Hotel with zoning for Tourist use. One of San Clemente's Finest Showcase Homes from the 1920's, offers an extraordinary setting along the Coast with huge potential for increased value. Unparalleled views of the Ocean, White Water, Pier, Beach, Coastline, Dana Point Harbor, Catalina & breathtaking Sunsets from inside this Historical Estate home or from the expansive Historical Gardens that surround a naturalized Water Cascade inspired by Italy's 'Villa Lante', a Moorish Style Fountain & Terraced grounds. This One-of-a-kind property has been graced by Greta Garbo, Humphrey Bogart, Gary Cooper & Errol Flynn to name a few. Approximately 10 years ago, the residence completed an Extensive Renovation including a New Roof, New Plumbing, Electrical, New Furnace, Air Conditioners, 3 New Kitchens, 5 New Bathrooms, New Garage Doors, Window Repairs & Fire Sprinklers. Currently a Tri-plex, this would make a Grand Private Residence, Exquisite Bed & Breakfast, Motel or Hotel. This popular Pier Bowl location is a vacation year around being steps away from a World Class Surfing Beach, great restaurants, downtown shops, Farmers Market & the 'Best Climate' in the Country. The property includes 402 & 404 Pasadena Ct. For all potential uses & eligibility for low Historical Mills Act Taxes, check with City of San Clemente & Coastal Commission. Seller will entertain all real qualified offers."
* LISTED OVER 120 DAYS
* PRICE LOWERED - $4,995,000 TO $4,695,000