
Dana Point, California 92624
This Prime Coastal Value-Add Property is listed at $3,300,000, representing a strategic acquisition on the most coveted street in Capistrano Beach. While the Fair Market Value is estimated at $2,796,334, the property’s Stunning Ocean Views and proximity to Pines Park provide a unique foundation for forced appreciation. Currently holding a Condition Rating of 4, the 2,558 sq. ft. residence is served by the Capistrano Unified School District. This high-potential asset is ideal for Luxury Developers or Owner-Renovators looking to maximize ROI in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34866 Doheny Place Subject | $2,995,000* List Price | 3 | 3 | 2,558 | $1,042 | - |
A 26805 Calle Real Sold | $2,400,000 | 4 | 2 | 2,556 | $939 | 0.2 mi |
B 34671 Calle Rosita Sold | $2,895,000 | 5 | 3 | 3,144 | $921 | 0.3 mi |
C 34435 Via Gomez Active | $2,100,000 List Price | 3 | 3 | 2,448 | $858 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property is well-maintained but remains largely in its original state. The kitchen and bathrooms feature dated cabinetry, tile countertops, and older appliances. While the home is functional and offers 'endless possibilities' for renovation, the interior finishes, including carpeting and light fixtures, show significant age and require modernization to meet current luxury standards.
Situated on the highly coveted Doheny Place in Capistrano Beach, the property offers unparalleled proximity to the historic Pines Park and is surrounded by prestigious bluff-top estates.
The home features impressive ocean views visible from the main entry and a private viewing deck off the primary suite, significantly enhancing the coastal living experience.
With over 2,500 square feet of living space and a flexible floor plan, this property presents a rare opportunity for a custom renovation to maximize equity in a high-demand neighborhood.
Built in 1975, the home likely requires substantial modern updates and structural 'reimagining' to meet the standards of contemporary luxury buyers in this price bracket.
At a $3.3 million price point, the property requires a significant additional capital investment for renovations, which may deter buyers seeking a move-in-ready residence.
Welcome to an exceptional opportunity in the heart of Capistrano Beach, ideally situated on the most coveted street in the neighborhood — Doheny Place. Positioned across from the only vacant lot on the street and surrounded by prestigious bluff-top homes, this location is truly unmatched. Just steps away, enjoy direct access to the scenic beauty of Pines Park, a historic bluff-top gem overlooking the Pacific. This two-story home offers stunning ocean views that greet you from the front door and extend all the way to the private deck off the upstairs primary bedroom. Upon entry, a step-down living room sits to the left, seamlessly flowing into a formal dining room with convenient access to the kitchen with a eating area and access to the backyard. Continuing straight ahead, you’ll find a step-down hallway leading to a laundry closet, full bathroom, and an inviting family room complete with a fireplace, wet bar and additional kitchen and backyard access — ideal for entertaining. Upstairs features a spacious landing, three generously sized bedrooms, and two full bathrooms. The flexible floor plan offers endless possibilities to reimagine and customize the space to suit your vision. The backyard provides a serene and private retreat, surrounded by mature, lush trees. An attached two-car garage adds convenience, while the home’s prime location south of the 5 Freeway places you just minutes from beaches, parks, grocery stores, shopping, and dining.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,558 | 2,558 | 50% |
| Lot Size | 6,100 | 6,006 | 52% |
| Price | $3.00M | $2.60M | 52% |
| Price per sq ft | $1.2K | $1.0K | 59% |
| Built year | 1975 | 1970 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 214 | 183 | 56% |
Mar 12, 2026
$2,995,000
$3,300,000
-9% Price Drop
Initial Listing
Mar 1, 2026
$3,300,000
$3,400,000
-3% Price Drop
Initial Listing
Sep 20, 2025
$3,400,000
Initial Listing