Windermere Real Estate announces the sale of 34776 Coast Highway, Dana Point. The undeveloped 27,500 square foot lot was sold by Capistrano Beach Investments, LLC to Capo Beach, CA. LLC. Advising the seller and buyer in the transaction was Bob Perlman, Hotel Broker, Windermere Real Estate (Laguna Niguel office at 27941 La Paz Road, Suite A).  The property, which adjoins a 2+ acres parcel already owned by Capo Beach LLC, is one of few undeveloped Orange County beachfront lots. The combined parcels are anticipated to be the site of a luxury hotel.