
Dana Point, California 92624
This property presents a High-Potential Investment Opportunity with a List Price of $1,988,888—positioned well below the $2,068,570 Fair Market Value by 3%. This valuation gap offers $79,682 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires modernization of the original 1947 cottage to match its Panoramic Coastal Views and prime Palisades location. With its flexible layout and proximity to top-rated schools, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build significant long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34435 Via Gomez Subject | $1,988,888* List Price | 3 | 3 | 2,448 | $845 | - |
A 34751 Calle Ramona Active | $1,700,000 List Price | 3 | 2 | 2,303 | $738 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was originally built in 1947 with its last major addition in 1985, making the 'contemporary' section nearly 40 years old. Interior images show significantly dated finishes including 1980s-style floor tile, accordion doors, and older fixtures. The listing description explicitly notes the need to modernize the original cottage to add value, indicating the home requires a comprehensive rehab of kitchens, baths, and likely aging systems.
The property offers breathtaking, unobstructed views of the Pacific Ocean, Catalina Island, and Dana Point Harbor, maximized by an expansive upper-level view deck.
Ideally situated in a central coastal neighborhood, the home is just a half-block from the local school and within walking distance to the beach and Dana Point Harbor.
Featuring over 2,400 square feet of living space, the home includes soaring vaulted ceilings, a large basement for flexible use, and a lush private yard with mature fruit trees.
The original 1947 cottage portion of the home requires updating and better integration with the 1985 addition to create a cohesive contemporary aesthetic.
Due to the age of the original structure and the mid-80s expansion, the property may require investments in system upgrades or deferred maintenance typical of older coastal homes.
Spectacular ocean, island, sunset, and harbor views take center stage at this remarkable coastal property. Originally a classic beach cottage, the home was thoughtfully expanded to create a spacious coastal retreat featuring soaring vaulted ceilings, walls of glass, and an impressive open stairway that fills the space with natural light. The upstairs living area seamless connects to an expansive view deck—the ultimate front-row seat for colorful evening sunsets. The 1985 addition brought 3 dedicated ocean-view bedrooms, 2 bathrooms, and a large basement offering incredible storage or flexible living space. Downstairs, the original front cottage retains its coastal charm and presents a fantastic opportunity to blend and modernize with the contemporary addition for instant added value. Outside, the private rear yard is an oasis of color and flavor, brimming with vibrant roses, lush tropical plants, and mature fruit trees, including persimmon, avocado, and orange. Situated in a central Palisades location, you're just a half-block to the local school, a short walk to the beach, moments from Dana Point Harbor, and minutes to downtown shopping and dining.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 2.9 mi
Grades 6-8 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,448 | 2,226.93 |
| Lot Size | 5,200 | 6,428.667 |
| Price | $1.99M | $2.58M |
| Price per sq ft | $812 | $1.3K |
| Built year | 1947 | 1977 |
| HOA | $0 | $369 |
| Days on market | 35 | 60 |
Aug 5, 2026
$1,988,888
Initial Listing
Apr 19, 2019
$900,000
Public Record