El Caminante Bar & Bungalows 34862 Coast Hwy 30 Pièce Hôtel Dana Point, CA 92624 À vendre

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the El Caminante Bar & Bungalows Luxury Boutique Hotel located at 34862 Pacific Coast Highway, Capistrano Beach, CA (the “Property”). This exclusive hotel presents an unparalleled opportunity for savvy investors seeking to capitalize on the thriving hospitality market of Southern California.
El Caminante is a 30-Room Luxury Boutique Hotel that has been completely renovated down to the studs in 2024 (see the Renovation Page for more details). The property sits on irreplaceable real estate with high barriers to entry, directly across from the beach with unblockable ocean views. Additionally, the property has unique outdoor food & beverage spaces, including a high-end cocktail bar and a to-be-finalized 1,200 SF outdoor ocean view deck.
El Caminante is 10,581 square feet and sits on 0.96 acres. The building is 2 stories and has 53 parking spaces. It is located on the Pacific Coast Highway with approximately 16,069 cars per day.
The hotel has limited competition, as there are no other luxury boutique hotels in the immediate area. Negotiations are being finalized to add the hotel to Marriott's "Design Hotels" collection. This relationship would likely accelerate revenue goals while maintaining the character of the hotel. El Caminante would be one of only 14 Design Hotels in California and the only one in coastal Southern CA.
The Property is located directly across from Capistrano Beach and near Dana Point, San Clemente and San Juan Capistrano. It is just a short bike ride away from bars, breweries, restraunts and other attractions. The Dana Point Harbor is currently undergoing a $600 million revitalization that includes 15 phases of new dock and boat slips, plus 5 phases of commercial with 120,000 SF of restaurants and shops plus a 984-stall parking structure. El Caminante also benefits from strong demographics with an affluent population of 151,000+ and and average HH income of over $190,000 within 5 miles.
Investors will also benefit as the property recently received full approval for a long-term reduction in property taxes as part of the Mills Act Program. These contracts are typically for 10 years with automatic yearly extensions and they stay with the property when transferred.