$3,200,000

Mision Buena Vista is a municipally approved condominium development already in progress. The master plan is approved and partially built, with the initial phase completed and sold--demonstrating regulatory alignment and confirmed buyer demand. The approved plan allows for 100 condominiums and 83 garage spaces. To date, 18 units and 8 garages have been constructed and sold, leaving 82 units and 75 garages authorized for future phases. A new developer steps into a fully entitled project with a clear development framework and proven market acceptance. Key approval timelines, entitlement risk, and early-stage uncertainty have already been addressed, allowing future efforts to focus on planning and construction. The elevated site benefits from consistent coastal airflow, a cooler microclimate, and strong privacy. A gentle slope supports efficient site planning, while the arroyo boundary creates a natural buffer, open views, and a pedestrian connection to the beach via an existing highway bridge. The area offers direct beach access, nearby hiking trails, and convenient proximity to Los Barriles and Buena Vista combining a natural setting with accessibility. This opportunity is well suited for a developer seeking an approved, scalable project with established demand and a clear path forward. The foundation is in place, and the remaining phases are positioned for continued development.