34062 Cambridge, Dana Point, California 92629, Dana Point, 92629 - 4 bed, 5 bath
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Dana Point, California 92629
This property presents a High-Potential Investment Opportunity with a List Price of $3,100,000—positioned above the $2,908,131 Fair Market Value. While the property requires a comprehensive renovation due to its Condition Rating of 5, the 3,349 sq. ft. layout and Panoramic Ocean Views offer significant upside. Located near the Dana Point Harbor revitalization and top-rated Dana Hills High School, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to build equity through a custom coastal transformation.
Property is extensive renovation needed.
Built in 1991 (33 years old) and explicitly marketed as a 'fixer,' the property features original 90s-era finishes including parquet flooring, oak cabinetry, and white tile countertops in the kitchen and bathrooms. The listing states it is ready for renovation and reimagining, indicating a need for a comprehensive rehab to address its dated condition and systems.
The property boasts sweeping views of the Pacific Ocean and is perfectly positioned to benefit from the Dana Point Harbor revitalization, offering excellent long-term appreciation potential.
As a 3,349 sq. ft. fixer-upper on a large 9,486 sq. ft. lot, this residence provides a rare opportunity to build substantial equity through a custom high-end renovation.
The spacious floor plan includes four bedrooms and five bathrooms with a convenient main-floor bedroom, catering to multi-generational living or guest accommodations.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The home is in 'fixer' condition, necessitating a significant additional investment of time and capital to modernize the space and address potential deferred maintenance.
At a $3.1M price point for a property requiring full renovation, the initial capital requirement is high, which may limit the buyer pool to experienced investors or high-net-worth renovators.
Unlock the potential of this Dana Point fixer—spacious 4BD/5BA two-story with one bedroom downstairs, ready for your vision and upgrades. With sweeping views of the Pacific and a flexible layout ready for renovation, the home is ideal for buyers looking to reimagine and add value through thoughtful updates. Whether envisioned as a modern beach escape or a timeless coastal residence, it provides the perfect canvas to bring your vision to life. The revitalization of Dana Point Harbor is transforming the area into a vibrant, upscale coastal destination, blending modern design with its classic seaside charm. The project includes new luxury hotels, elevated dining experiences, boutique shopping, and enhanced public spaces, all centered around a beautifully updated marina, with the added appeal of being able to bike or walk to the harbor and enjoy everything it has to offer. Once complete, it will deliver a more refined, highly walkable harbor experience while preserving the relaxed lifestyle that makes Dana Point so desirable.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 3,349 | 2,527 | 75% |
| Lot Size | 9,486 | 7,859 | 65% |
| Price | $3.10M | $3.32M | 48% |
| Price per sq ft | $926 | $1.4K | 17% |
| Built year | 1991 | 1977 | 72% |
| HOA | $370.0 | $270 | 60% |
| Days on market | 0 | 132 | 3% |
May 6, 2026
$3,100,000
Initial Listing