Pacific Coast Commercial Represents Buyer in $11.35 Million Acquisition of Prime Oceanside Development Site
- 7 minutes ago
- 2 min read
Pacific Coast Commercial is pleased to announce the successful closing of a high-profile land acquisition located at 815-901 N Coast Hwy, Oceanside, CA 92054. The transaction closed on January 16, 2026, with a final purchase price of $11,350,000.
The property, a 1.74-acre site positioned along the historic Highway 101, was acquired by Mill Creek Residential for the development of "The Neptune Modera". This future eight-story mixed-use project is set to transform the corridor, replacing the former Motel 6 and Mira Mar Restaurant. The approved development will feature a 359-unit apartment complex and a 62-room hotel, along with 10,000 square feet of common open space, a rooftop pool deck, and a subterranean parking garage.
The buyer, Mill Creek Residential, was represented by Mack Langston of Pacific Coast Commercial. The seller, SNS Hotels LLC, was unrepresented in the transaction. Escrow and Title services were provided by Fidelity.
“We are proud to have represented Mill Creek Residential in acquiring this landmark site,” said Mack Langston of Pacific Coast Commercial. “The Neptune Modera project will bring significant vitality to the North Coast Highway corridor, combining much-needed housing with hospitality and public amenities like a new wine bar and cafe. This transaction underscores the continued demand for high-quality development opportunities in North County San Diego.”
Pacific Coast Commercial continues to provide expert commercial real estate services throughout Southern California, helping clients achieve their investment and development goals.
Property Details
Address: 815-901 N Coast Hwy, Oceanside, CA 92054
Property Type: Development Land (Future Mixed-Use)
Lot Size: Approx. 1.74 Acres
Sale Price: $11,350,000
Close of Escrow: January 16, 2026
Escrow Company: Fidelity
Title Company: Fidelity
Financing: Confidential
Representation
Buyer Representation: Pacific Coast Commercial
Mack Langston
Seller Representation: Unrepresented
Contact Information
Pacific Coast Commercial
Office: (619) 469-3600
10721 Treena St., Suite 200, San Diego, CA 92131
Lic. 01209930
Mack Langston
(619) 818-4205
Lic. 01110555
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