$4,600,000 – Dana Point, CA (Orange County)



In March of 2015, Emerald Creek Capital provided a $4,600,000 loan secured by a vacant residential lot in the city of Dana Point, CA. The 19,384 SF parcel is located in The Estates at Monarch Cove subdivision, within the Ritz Cove community. The subject site is perched above a bluff that rises approximately 25 feet above street level, providing 240 degree views of the Pacific Ocean. The subject property is adjacent to the Monarch Beach Golf Club and the private beach at the Monarch Bay Club.

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