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A once-in-a-generation opportunity to acquire one of the last remaining vacant oceanfront parcels in Southern California zoned for multiple units. Positioned along the highly coveted coastline of San Clemente, 1527 Buena Vista offers breathtaking panoramic views stretching up and down the coast, with white water, city lights, Catalina Island, and San Clemente Island creating an irreplaceable backdrop. This rare oceanfront parcel presents extraordinary potential to develop multiple luxury coastal condominiums in one of Orange County’s most desirable beach communities. With conceptual condo plans already available, the path is set for a visionary developer, investor, or builder to create a premier coastal project designed for today’s luxury buyer. Opportunities like this are nearly impossible to duplicate. Oceanfront land is limited. Multi-unit zoning is rare. And demand for luxury coastal living in San Clemente remains strong. Whether held as a long-term trophy asset or developed into high-end oceanfront residences, this parcel represents a unique chance to secure a piece of Southern California coastline with exceptional upside. Conceptual plans available upon request. Buyer to verify zoning, development potential, permits, coastal requirements, and all city approvals.
Listing agent: Kris Garrido DRE #01861119 Kris@cmrealty.com, Listing office: Capital Management Realty, Inc
MLS data updated 10/28/2026, 6:03:35 AM PT
Source: CRMLS, MLS #: OC26111176
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 20, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$4,999,000Original asking price · May 20, 2026ZIP 92672 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.