33741 Blue Lantern, Dana Point, California 92629, Dana Point, 92629 - 4 bed, 4 bath
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Dana Point, California 92629
This Stunning Coastal Residence is a Prime Investment Opportunity, listed at $4,475,000—positioned well below the $4,582,229 Fair Market Value by 2%. This valuation gap offers $107,229 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a Chef’s Kitchen, Panoramic Ocean Views, and a Detached Guest Suite. Located in the prestigious Lantern District near Dana Hills High School, this property is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a turnkey, high-appreciation coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33741 Blue Lantern Subject | $4,475,000* List Price | 4 | 4 | 3,800 | $1,206 | - |
A 33791 Granada Drive Sold | $4,523,623 | 4 | 4 | 3,461 | $1,307 | 0.1 mi |
B 7 Guadalmina Sold | $4,450,000 | 4 | 4 | 3,665 | $1,214 | 0.6 mi |
C 1 Saint Francis Sold | $3,400,000 | 3 | 3 | 2,340 | $1,453 | 0.3 mi |
D 33902 Valencia Place Active | $4,299,000 List Price | 4 | 3 | 3,125 | $1,376 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a comprehensive, high-end modern renovation within the last few years. It features a chef's kitchen with professional Viking appliances, spa-inspired remodeled bathrooms, wide-plank wood flooring, and a modern folding glass door system, placing it in mint, move-in condition.
Situated on the iconic Blue Lantern Street, this property offers breathtaking ocean and sunset views from dual primary suites, placing it in one of Dana Point's most prestigious and walkable neighborhoods.
The inclusion of a detached guest suite with a private bathroom provides exceptional flexibility, serving as a high-end home office, fitness studio, or private quarters for multi-generational living.
The residence features a seamless open-concept layout with an expansive folding glass door system and a chef-grade Viking kitchen, perfectly optimized for luxury entertaining and the Southern California lifestyle.
At a list price of $4.475M, the property is positioned at the top of the local market, which may limit the pool of qualified buyers compared to more moderately priced options in the district.
Located in the heart of Lantern Village, the property is subject to the higher density of a 'village' layout, which may offer less privacy compared to more secluded coastal gated communities.
Coastal luxury with ocean views meets modern design in the heart of Dana Point's coveted Lantern District. Situated on the iconic and historic Blue Lantern Street, this beautifully remodeled residence offers four bedrooms plus a detached guest suite, office, or private mother-in-law quarters, four-and-one-half bathrooms, and a premium-sized lot—an exceptional offering in one of Dana Point's most sought-after neighborhoods. Designed for effortless entertaining, the open-concept floor plan is filled with natural light and seamlessly connects indoor and outdoor living through an expansive folding glass door system that opens the great room to the spacious backyard. The oversized outdoor living space provides multiple areas for dining, relaxing, and entertaining while enjoying the coastal climate year-round. The chef's kitchen is both stunning and functional, featuring a Viking 8-burner range with professional hood and pot filler, Viking refrigerator and microwave, wine refrigerator, abundant cabinetry, expansive quartz countertops, and an oversized center island that anchors the heart of the home. The kitchen flows effortlessly into the dining area and family room, creating the ideal gathering space. Upstairs, dual primary suites offer flexibility and privacy, each showcasing beautifully remodeled spa-inspired bathrooms, generous walk-in closets, and breathtaking ocean and sunset views. Two additional bedrooms and well-appointed baths complete the main residence. The detached guest suite offers its own private bathroom, making it ideal for extended family, guests, a home office, fitness studio, or creative space. Additional highlights include wide-plank wood flooring, designer finishes throughout, an oversized laundry room with extensive counter space and utility sink, and an attached three-car garage. Located just minutes from Dana Point Harbor, world-class beaches, coastal trails, restaurants, boutiques, and the exciting harbor revitalization, this exceptional Blue Lantern residence offers the perfect blend of luxury, comfort, and the Southern California coastal lifestyle.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,800 | 2,468.5 |
| Lot Size | 7,500 | 6,562 |
| Price | $4.47M | $2.86M |
| Price per sq ft | $1.2K | $1.2K |
| Built year | 1973 | 1980 |
| HOA | $0 | $370 |
| Days on market | 16 | 64 |
Jul 6, 2026
$4,475,000
Initial Listing
Oct 21, 2014
$1,615,000
Public Record
Mar 19, 2013
$1,025,000
Public Record
Jul 14, 2000
$685,000
Public Record