Tagged : Capistrano Shores

Capistrano Shores is well known for having some wonderful beach front properties that are located right next to the sandy beach.  These homes are typically offered for sale and rarely come on the market for lease.  When looking at the stretch of homes between the north side of San Clemente between the Ole Hanson Beach Club and Doheny Beach in Dana Point you will see two different communities that are located next to the sand.  Capistrano Shores is located in the city of San Clemente and originally was a manufactured home community on lease land.  This all changed with the owners had the opportunity to buy the land which caused many to develop larger two story homes.  The other community located in the city of Dana Point is a community called "Beach Road."

There is a a huge construction boom happening in the ocean front community called "Capistrano Shores."  The community was well established as a mobile home park for many years.  The homes were on lease land with the average monthly cost to lease that land was around $2,500 a month.  In 2008, all of this changed.  The 90 residents within the Capistrano Shores community bought the land for an estimated $100 million dollars which instantly caused the real estate values to jump from an average $750,000 mobile home to now nearly $2 million dollars.

What is happening in the community is a construction boom where old existing mobile homes are being torn down and replaced with large two story residences.  The homes are keeping their original foot print of the