24942 Catherine Way, Dana Point, California 92629, Dana Point, 92629 - 5 bed, 5 bath

24942 Catherine Way, Dana Point, California 92629 home-pic-0
ACTIVE UNDER CONTRACT$3,495,000
24942 Catherine Way, Dana Point, California 92629
5Beds
5Baths
3,684Sqft
9,000Lot

Price Vs. Estimate

The estimated value ($2,424,092.965) is $1,070,907.035 (30%) lower than the list price ($3,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: John Malcom Elementary School (9/10).
Top Cons:
Significant Price Discrepancy: The listing price of $3,495,000 is considerably higher than the estimated property value of $2,424,092,965, indicating potential overpricing or a challenging valuation.

Compared to the nearby listings

Price:$3.50M vs avg $2.60M (+$895,000)64%
Size:3,684 sqft vs avg 2,359 sqft78%
Price/sqft:$949 vs avg $1.2K30%

More Insights

Built in 1988 (37 years old).
Condition: Despite being built in 1988, the property has undergone an extensive and recent renovation, as evidenced by the 'updated home' description and the high-quality images. The kitchen features modern white shaker cabinets, light quartz/granite countertops, a subway tile backsplash, and high-end stainless steel appliances, including a professional-style range. Bathrooms are similarly updated with modern vanities, marble-look tile, and glass shower enclosures. Hardwood flooring is prevalent throughout, and light fixtures are contemporary. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1988
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$949
HOA
$275
Days on market
-
Sold On
-
MLS number
OC25098565
Home ConditionExcellent
Features
Excellent View: Bluff, Catalina, City Lights, Coastline, Harbor, Hills, Marina, Mountain(s), Neighborhood, Ocean, Water
Deck
ViewBluff,Catalina,City Lights,Coastline,Harbor,Hills,Marina,Mountain(s),Neighborhood,Ocean,Water

About this home

Perched on a coastal hillside in Dana Point, this multi-level updated home offers sweeping views of the vast Pacific Ocean. Nestled at the end of a tranquil cul-de-sac within a gated community, this residence offers the ideal blend of privacy and elegance. With its contemporary design, the residence seamlessly integrates indoor living with outdoor views. Expansive windows flood the interior living space with natural light, highlighting modern finishes and open concept living areas. The heart of this home is the expansive kitchen, equipped with modern appliances and featuring a large center island, great for entertaining guests or enjoying casual meals. The kitchen flows seamlessly into a gracious living area, where large windows allow views along the California coastline. This home boasts five generously sized bedrooms, providing ample space for both you and your guests. The primary suite is a true retreat, offering a private sanctuary with a spa-like ensuite bathroom and walk-in closet. The additional bedrooms are versatile and great for use as guest rooms, offices or exercise spaces, adapting to your needs. One standout feature is the dedicated office space, ideal for those who work from home or desire a private study area. This thoughtful inclusion enhances the functionality of the home, providing a peaceful and productive environment. Head outside into the backyard oasis, where a carefully designed landscape offers a serene escape. Whether you're hosting gatherings, enjoying al fresco dining or simply relaxing in the sunshine, the outdoor space is sure to become a favorite retreat. Living in this gated community ensures a sense of security and exclusivity, allowing residents to enjoy the amenities and serenity of Dana Point. With its prime location at the end of a cul-de-sac, this home provides a peaceful sanctuary, while still being conveniently close to the vibrant coastal lifestyle, shopping, dining and the scenic beauty of Dana Point Harbor.

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,K-50.7mi
5/10
Del Obispo Elementary School
Public,K-51.3mi
9/10
John Malcom Elementary School
Public,K-51.6mi
6/10
Marco Forster Middle School
Public,6-81.3mi
8/10
Dana Hills High School
Public,9-120.4mi
Condition Rating
Excellent

Despite being built in 1988, the property has undergone an extensive and recent renovation, as evidenced by the 'updated home' description and the high-quality images. The kitchen features modern white shaker cabinets, light quartz/granite countertops, a subway tile backsplash, and high-end stainless steel appliances, including a professional-style range. Bathrooms are similarly updated with modern vanities, marble-look tile, and glass shower enclosures. Hardwood flooring is prevalent throughout, and light fixtures are contemporary. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: John Malcom Elementary School (9/10).
Exceptional Ocean and Coastal Views: The property offers sweeping views of the vast Pacific Ocean and California coastline, including Catalina, City Lights, Harbor, and more, significantly enhancing its appeal and value.
Prime Gated Community & Cul-de-Sac Location: Nestled at the end of a tranquil cul-de-sac within a gated community, this residence provides a sense of security, exclusivity, and a peaceful sanctuary.
Modern & Updated Interior Design: The home features a contemporary design with modern finishes, expansive windows for natural light, and open concept living areas, including an updated kitchen with a large center island.
Spacious and Flexible Living Spaces: With five generously sized bedrooms and a dedicated office space, the property offers ample and versatile living arrangements suitable for various family needs or guest accommodations.
Desirable Dana Point Lifestyle Access: Its prime location is conveniently close to the vibrant coastal lifestyle, shopping, dining, and the scenic beauty of Dana Point Harbor.

Cons

Significant Price Discrepancy: The listing price of $3,495,000 is considerably higher than the estimated property value of $2,424,092,965, indicating potential overpricing or a challenging valuation.
Ongoing Homeowners Association Fees: A monthly association fee of $275 adds to the recurring cost of homeownership, which buyers will need to factor into their budget.
Lack of Mention of Cooling System: The property description does not explicitly state the presence of a cooling system (e.g., air conditioning), which could be a significant consideration for comfort during warmer months in Dana Point.

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