
Dana Point, California 92629
This Custom Ocean View Residence represents a High-Potential Investment Opportunity, currently listed at $7,500,000—positioned above the $6,789,777 Fair Market Value by 10%. While the property requires modernization, its Condition Rating of 4 and prime location in the gated Niguel Shores community offer significant upside. Featuring panoramic ocean views, a private pool and spa, and proximity to top-rated schools like El Morro Elementary, this asset is a rare coastal find. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a premier renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33761 Magellan Subject | $7,500,000* List Price | 4 | 3 | 3,293 | $2,062 | - |
A 23711 Brisbane Sold | $6,000,000 | 3 | 3 | 2,842 | $2,111 | 0.1 mi |
B 5 Via Monarca Sold | $6,555,000 | 4 | 4 | 3,955 | $1,657 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the home is well-maintained but significantly dated. The bathroom features 30+ year old finishes including fluorescent light boxes, older cabinetry, and square tile work. While the kitchen includes high-end Viking and Subzero appliances, the overall interior aesthetic and systems likely require modernization to meet current luxury standards.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated in the prestigious 24-hour gated Niguel Shores community, the property offers rare direct beach access and proximity to world-class resorts like the Ritz Carlton and Waldorf-Astoria.
All main living areas capture breathtaking views of the Pacific Ocean and Catalina Island sunsets, providing the quintessential California coastal experience.
Built in 1973 and marketed as an opportunity to 'transform,' the property likely requires significant capital investment to update its original finishes and systems to modern luxury standards.
For a 4-bedroom luxury residence exceeding 3,200 square feet, the presence of only 2.5 bathrooms is relatively low and may be a drawback for families or high-end buyers.
Located on a prime seaside lot in the 24-hour gated oceanfront community of Niguel Shores, this spacious ocean view custom home features a large gated courtyard entry complete with pool and spa, a spacious floorplan with large living room and dining room with dual-sided fireplace, separate family room with fireplace, kitchen with Viking appliances and Subzero refrigerator, Jack and Jill secondary bedrooms with large bath, an office/den/4th bedroom, and powder room. A laundry room and finished 3-car garage, complete with storage cabinets and utility sink, round out the main floor. The upper level highlights a large primary suite complete with two walk-in closets, plentiful windows capturing the ocean view, and a primary bath with separate tub and shower and dual vanities. All main rooms have an ocean and dazzling Catalina Island sunset view. The home boasts a total of 4 Bedrooms, 2.5 baths, and an 8,000 square foot lot. Special features include vaulted ceilings, an abundance of light from the multitude of windows and French doors designed for easy indoor/outdoor living providing a rare opportunity to transform this beachside gem into the ultimate coastal retreat. The community of Niguel Shores includes a spectacular Clubhouse complete with pool, spa, pickleball, tennis, sport courts plus an oceanfront blufftop park and parking lot with direct beach access. This coveted location is just minutes to the Beach or Club, the Ritz Carlton Hotel, the Waldorf-Astoria Monarch Beach Resort and Links Golf Course, the Marina at Dana Point and the Art Colony of Laguna Beach. Enjoy the fun and festive California beach lifestyle all year around living in Niguel Shores...The "Best-Kept" Secret Along the Coast!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,293 | 2,226.93 |
| Lot Size | 8,000 | 6,428.667 |
| Price | $7.50M | $2.58M |
| Price per sq ft | $2.3K | $1.3K |
| Built year | 1973 | 1977 |
| HOA | $415.0 | $369 |
| Days on market | 23 | 60 |
Aug 17, 2026
$7,500,000
Initial Listing