Peter's Landing Is Owned by Two Different Companies, and Most Regulars Have Never Noticed

Peter's Landing Is Owned by Two Different Companies, and Most Regulars Have Never Noticed

Saturday morning at Peter's Landing looks the same as it has for years. Duffy boats idle into open slips while their owners grab coffee. A family walks over from the grassy knoll with bags from Mother's Market. Someone's dog naps under a table on the patio at Golden Road Brewing while the roll-up doors let the harbor breeze move through the room. If you live in Huntington Harbour, you've probably done all four of those things in the same hour.

What most regulars don't know is that the marina under those boats and the storefronts around that patio no longer answer to the same owner. They haven't for a while. And they didn't change hands on the same day, for the same reason, or with the same consequences for the place you actually walk through.

The Marina Changed Hands First

Peter's Landing Marina sat under one ownership group, Pegasus Group, for 28 years, from 1996 to 2024. In late 2024 it sold to Suntex Marina Investors, which by slip count is the largest standalone recreational marina operator in the country. The marina itself covers 11 acres and holds 325 wet slips for boats ranging from 30 to 96 feet, and the transaction did not touch the shops or restaurants sitting on the property next to it. It was strictly a marina sale: docks, slips, the boating side of the business.

If you keep a boat there, this is the part you'd notice first, even if you couldn't name it. A national operator running the marina means different back-office systems, different membership perks tied to Suntex's broader network, and a different name on the paperwork than the one that had been there for nearly three decades. The physical experience of pulling into a slip hasn't shifted. Who owns the company that manages that slip has.

The Restaurant Row Answers to a Different Landlord

The retail and office side of Peter's Landing, the roughly 97,500 square feet that includes the shops, the restaurants, and the second-floor office suites overlooking the water, was never part of that marina sale. It's a separate piece of real estate, and as of a February 2026 commercial listing, it's on the market for $51.5 million.

That listing names the center's anchor tenants directly: Mother's Market & Kitchen, Starbucks, Golden Road Brewery, Sola Salons, and Edward Jones. It also discloses something a lot of regulars have probably clocked without putting a number on it. As of that same listing, about 15 percent of the center's leasable space sat vacant. If you've walked past a dark storefront or two on your way to lunch and wondered what happened, that's the likely answer. It isn't neglect. It's a property being prepped for a sale, with empty units left as upside for whoever buys next.

Here's the split in one place:

Asset Previous Owner What Happened When
The marina (325 slips, 11 acres) Pegasus Group, 28 years Sold to Suntex Marina Investors Closed in late 2024
The retail and office center (about 97,500 sq ft) Current ownership group Listed for sale at $51.5 million Listing active as of February 2026

Two transactions, two clocks, one address on Pacific Coast Highway.

What Actually Stayed the Same

None of this has touched the day-to-day version of Peter's Landing that Harbour residents actually use. The businesses that give the place its texture are the same ones that were there before either transaction started moving.

Golden Road Brewing still runs its dog-friendly patio facing the marina, with happy hour all day Monday and from 3 to 6 p.m. Tuesday through Friday. Mother's Market & Kitchen, which opened as the second store to arrive in Sunset Beach's more than 110-year history, still anchors the walk-up side of the center. Pelican Isle still serves seafood and steak with a water view from its patio, and Himalayan Grill, which spent two years away during the property's earlier remodel, is still back in its spot serving Indian, Nepalese, and Tibetan food to the same regulars who followed it home.

The $14 million remodel that gave the center its current layout, the one branded Mariners Walk, finished back in 2020, well before either the marina sale or the current retail listing. What you're eating dinner in front of is a six-year-old renovation sitting on top of a roughly two-year-old ownership shuffle at the marina next door.

Why the Second Sale Is the One Worth Watching

The marina sale already happened and the operational change was contained to the docks. The retail sale hasn't closed yet, and it's the one that could actually reshape the part of Peter's Landing you walk through on a Friday night.

A new owner inheriting 15 percent vacant space has a real decision to make about what fills it. That decision touches parking flow, whether the center leans further into dining or brings back more retail, and whether the pet-friendly, family-centric character that's defined the place stays intact or gets traded for a different tenant mix. None of that is settled yet. It's the kind of thing that shows up gradually, one new lease at a time, over the next year or two.

If you're planning a weekend on the water in the meantime, one detail worth knowing: Peter's Landing only sets aside four guest slips for small boats. If you're planning to tie up by Duffy or dinghy for lunch on a Saturday, that window fills fast, and it's worth having a backup plan for parking the boat if you're arriving mid-afternoon.

The Harbor Doesn't Wait on Paperwork

None of this changes what makes Peter's Landing worth the trip. The marina still runs the same channels out to open water. The patios still fill up the same way on a warm evening. What's changed is who holds the paper on two different pieces of the same block, and that's the kind of shift that only shows up if you're paying attention to more than the menu.

I keep half an eye on transactions like these because they tend to tell you where a neighborhood is headed before the for-sale signs show up on the houses around it. If you're curious about what a shift in ownership at a place like Peter's Landing could mean for property values or rental demand in Huntington Harbour, or you just want to talk through what's actually happening on the water this year, reach out through Ashley Sells OC and schedule a consultation.

In Huntington Beach, selling a home is about more than just putting it on the market — it’s about telling its story. I partner with sellers to carefully brand, position, and market their property with intention and strategy. Through a concierge-level experience, elevated presentation, and thoughtful marketing, I help homes stand out and sell for their highest value.

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