More development in Dana Point
Category : Laguna Beach Real Estate
Developer Breaks Ground on Dana Point Community
The condo development will feature 168 luxury residences near the beach.
Marking its first foray into Orange County, Zephyr – a San Diego-based real estate development company – has broken ground today on South Cove, a condominium community featuring 168 luxury residences at Del Obispo and Pacific Coast Highway in the heart of Dana Point, directly across the street from Doheny State Beach.
The company acquired the choice nine-acre land parcel for $50 million in July of 2015. Completion of the community is slated for 2019. Pre-sales begin in early spring 2017, and the models are slated to open in late summer 2017.
According to Zephyr Chief Operating Officer Chris Beucler, the community will feature three models: “Aliso” flats, “Trestles” townhomes and “Strands” twin homes – each ranging from one to three bedrooms with 883 to 2,341 square feet. Ten residences will feature live/work space, with commercial opportunities fronting Pacific Coast Highway. Seventeen homes will be offered as affordable housing. All homes will have attached garages and top notch interior finishes and accents, with select residences featuring indoor/outdoor floor plans, balconies, porches, rooftop decks, idea spaces and options for beach rinses, dens and more.
“South Cove is the first project of its kind to be built in Dana Point in more than 25 years,” said Beucler. “We’re thrilled to announce the groundbreaking of this luxurious, barefoot community that will offer residents immediate access to Doheny State Beach and Dana Point Harbor’s restaurants and shops via a short stroll on the San Juan Creek Bike Trail, or the Pacific Coast Highway Pedestrian Bridge.”
In addition to the area’s abundant natural beauty, South Cove residents will enjoy a multitude of amenities, including a resort-style swimming pool with cabanas and common areas throughout the community, and outdoor enthusiasts will have access to miles of walking/bike paths, plus ocean sports like surfing, paddle boarding, fishing and more.
Founded in 2008, Zephyr is a San Diego-based real estate development and investment company committed to building high-quality attached and detached homes, condominiums and luxury apartments. The company, co-founded by Brad Termini and Dane Chapin, has successfully completed and sold developments throughout San Diego County. Currently, Zephyr manages projects in Coronado, San Diego, La Jolla, Del Mar, Solana Beach, Rancho Santa Fe, Encinitas, Carlsbad, Escondido, Mira Mesa and Dana Point. Over the last eight years, the team has completed more than $750 million worth of residential developments.