
Dana Point, California 92624
This Dual-Unit Oceanfront Asset is listed at $4,995,000, representing a rare acquisition opportunity within the guard-gated Beach Road community. While the price exceeds the $4,467,502 Fair Market Value, the valuation is supported by active Short-Term Rental Permits and a substantial 7,841 sq.ft. Lot featuring 39' of Beachfront. With a Condition Rating of 4 and Panoramic Ocean Views, the property offers immediate high-yield income or significant Redevelopment Potential within the Capistrano Unified School District. This is a premier choice for Luxury Buy-and-Hold Investors or Multi-Generational Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35087 Beach Road Subject | $4,995,000* List Price | 6 | 4 | 2,354 | $1,898 | - |
A 35321 Beach Road Sold | $4,700,000 | 4 | 4 | 3,138 | $1,498 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property underwent an extensive down-to-the-studs renovation in 2007, which is approximately 17 years ago, placing it within the 'fair' timeframe (15-30 years). While the home features high-end appliances like a Wolf range and Sub-Zero refrigerator, the overall aesthetic—including the glass vessel sinks, specific tile choices, and track lighting—is dated. The home is well-maintained and move-in ready, but the finishes show signs of age and would benefit from cosmetic modernization to meet current luxury standards.
Situated in the exclusive guard-gated Beach Road community, this property offers rare private beach access and 39 feet of direct ocean frontage with panoramic white-water views.
The unique dual-unit configuration and active short-term rental permits provide immediate high-yield investment opportunities or a flexible live-in-one, rent-the-other arrangement.
At 7,841 sq.ft. with over 200 feet of depth, this is one of the larger lots in the community, offering substantial space and exceptional redevelopment potential.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 7788. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2354, other record living area = 1585. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
While the home was taken to the studs in 2007, the updates are now nearly 20 years old and may require modernization to meet the expectations of today's luxury coastal buyers.
Fitting 6 bedrooms into 2,354 square feet across two units suggests smaller individual room dimensions and potentially cramped living areas for a property at this price point.
Rare oceanfront home with private beach access in the guard gated community of Beach Road in Dana Point. Panoramic ocean views from this 2,354 sq.ft. 6 bed, 4 bath home on one of the larger lots (7,841 sq.ft.) in the Beach Rd. community. Property has 39' of beachfront and over 200' of depth. Home is split into two private entrance units consisting of a 4 bed 2 bath lower with kitchen, laundry, living and bedrooms and an upper 2 bed 2 bath unit with patio that provides never-ending white water views, private kitchen, laundry, living and bedrooms. In 2007 the owners took this home down to the studs and starting over from the copper plumbing all the way to a new roof and everything in between. Just down the beach from Dana Point Harbor which is going through a grand revitalization project. Panoramic ocean views, currently holds short-term rental permits from the City of Dana Point. Live in one unit and rent the other or continue to enjoy the great rental income this property generates. Great redevelopment potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,354 | 2,556 | 37% |
| Lot Size | 7,841 | 6,006 | 70% |
| Price | $5.00M | $2.60M | 74% |
| Price per sq ft | $2.1K | $1.0K | 93% |
| Built year | 1958 | 1965 | 26% |
| HOA | $98.0 | $0 | 81% |
| Days on market | 22 | 182 | 4% |
Mar 31, 2026
$4,995,000
Initial Listing
Dec 22, 2015
$3,450,000
Public Record