SALE IS SUBJECT TO CANCELLATION OF EXISTING ESCROW.AGENTS AND BROKERS PLEASE CONTACT JOHN CAMPO AT CITY OF DANA POINT BEFORE WRITTING OFFER ON THIS SPECIAL HOUSE DESIGNED BY ARCHITECT CHRIS ABLE.BASED ON CONVERSATION WITH JOHN IT WOULD BE DIFFICULT FOR A BUYER TO SCRAPE LOT AND BUILD NEW HOME BECAUSE OF HISTORICAL STATUS.HOWEVER IF BUYER WANTS TO REMODEL IT SHOULD BE NO PROBLEM TO ADD ONTO IN THE BACKYARD CREATING A LARGER HOME.ALSO A NEW ROOF,WINDOWS,PAINT,GARAGE DOORS, COULD BE CHANGED WITH THE ASSISTANCE OF JOHN FROM THE CITY AND THE HISTORICAL SOCIETY. THE GOOD NEWS IS HE STATED THEY DO NOT CARE WHAT YOU DO TO THE INSIDE WITH REGARDS TO REMODELING.THIS IS ONE OF THE BEST LOCATIONS IN CAPISTRANO BEACH WITH APPROX. 11000 SQUARE FOOT LOT.THIS HOME IS IN A FANTASTIC NEIGHBORHOOD.THE OWNER HAS JUST PUT IN A BRAND NEW KITCHEN WITH STAINLESS STEEL APPLIANCES.THE HOME IS LOCATED W/IN WALKING DISTANCE TO THE BEACH,PINES PARK,PALISADES ELEMENTARY SCHOOL.THIS HOME AND LOT HAS SO MUCH OPPORTUNITY, AND WILL NOT LAST LONG BASED ON THE AREA AND NEIGHBORHOOD.HOME IS BEING SOLD IN AS IS CONDITION.ALSO BUYER TO COOPERATE WITH 1031 EXCHANGE.ALSO SPEAK TO JOHN ABOUT THE TAX ADVANTAGES AND THE POSSIBILITY OF PERMIT FEE`S BEING WAIVED.