33621 Blue Lantern Street, Dana Point, California 92629, Dana Point, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$3,150,000
33621 Blue Lantern Street, Dana Point, California 92629
0Bed
0Bath
3,800Sqft
7,405Lot
Year Built
1977
Close
-
List price
$3.15M
Original List price
$3.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25136340
Home ConditionExcellent
Features
Good View: City Lights, Peek-A-Boo
Deck
ViewCity Lights,Peek-A-Boo

About this home

Welcome to 33621 Blue Lantern a recently Remodeled and Turnkey, Luxury Duplex in the Heart of Dana Point. The 3,800 square foot structure is situated on a 7,405 square foot lot and comprised of two units, each with the exact same floor plan. Each unit is 1,900 square feet, boasting 3 Bedrooms and 3 Full Bathrooms, equipped with two car garages, plenty of additional driveway parking and great sized backyards. The top unit also has multiple patio/view decks. Each unit has vinyl plank laminate flooring, recessed lighting, dual pane vinyl windows, and a list of newer features which include: appliances, ceiling fans, backsplashes, cabinets, quartz countertops, vanities, showers and baths, exhaust fans, plumbing fixtures, doorhandles and locks, baseboards, washers/dryers and much more. Each Tenant is currently on Month-to-Month leases making the property ideal and flexible for an Investor to bring the property to market rents or an Owner/User who wants to occupy one unit and rent out the other. The location is ideal with walking distance to Dana Points Downtown, The Lantern District, Dana Hills High School, Salt Creek and Strands Beach, The Waldorf Astoria Monarch Beach Resort/Spa, Monarch Beach Golf Links, Ritz Carlton, and the Dana Point Harbor which is undergoing nearly $300,000,000 dollar revitalization project with new Restaurants, Retail, Marina and Two - 5 Star Hotels making it the most high end Harbor/Marina in all of California. The possibilities and upside to this property and location are truly endless. You will not want to miss out on this opportunity to own in Dana Point.

Price History

Date
Event
Price
09/25/25
Price Change
$3,150,000-9.9%
06/17/25
Listing
$3,495,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot3,8002,460
86%
Lot Size7,4055,619
71%
Price$3.15M$1.95M
86%
Price per square foot$829$829
50%
Built year19771976
57%
HOA
Days on market141121
57%
Condition Rating
Excellent

Despite being built in 1977, this duplex has undergone a recent and extensive renovation, making it truly turnkey. The description explicitly states 'recently Remodeled' with a comprehensive list of 'newer features' including vinyl plank laminate flooring, recessed lighting, dual pane vinyl windows, appliances, cabinets, quartz countertops, vanities, showers, and plumbing fixtures. The images confirm a modern, high-quality aesthetic throughout, particularly in the kitchens and bathrooms which feature white shaker cabinets, quartz countertops, subway tile backsplashes/showers, and contemporary black fixtures. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Generating Duplex: This property is a luxury duplex with two identical 3-bed/3-bath units, each with separate garages and backyards. Tenants are on month-to-month leases, offering flexibility for investors to adjust rents to market rates or for an owner-user to occupy one unit and rent the other.
Prime Location & Future Upside: Situated in the heart of Dana Point, the property boasts an ideal location within walking distance to Downtown, The Lantern District, beaches, and luxury resorts. It benefits significantly from the ongoing $300M Dana Point Harbor revitalization project, promising substantial future appreciation and desirability.
Extensively Remodeled & Turnkey: The property has been recently remodeled and is turnkey, featuring new vinyl plank laminate flooring, recessed lighting, dual-pane vinyl windows, and updated appliances, cabinets, quartz countertops, vanities, and plumbing fixtures throughout both units, minimizing immediate capital expenditures for a new owner.
Spacious Units & Ample Parking: Each unit offers a generous 1,900 square feet with 3 bedrooms and 3 full bathrooms, providing comfortable living spaces. Additionally, each unit includes a two-car garage and plenty of additional driveway parking, a significant advantage in a coastal community.
Outdoor Living & View Potential: Both units feature great-sized backyards, and the top unit includes multiple patio/view decks, offering outdoor living space. The property also benefits from 'City Lights' and 'Peek-A-Boo' views, adding to its appeal.

Cons

Original Construction Age: Despite recent remodels, the property was built in 1977. While cosmetic updates are extensive, the underlying structure and potentially some core systems (e.g., plumbing, electrical, roof) may still be original, which could lead to future maintenance concerns not covered by the recent renovations.
Limited View Description: While views are present ('City Lights, Peek-A-Boo'), the 'Peek-A-Boo' designation suggests they are not expansive or panoramic ocean views, which might be a missed opportunity for a luxury property in a prime Dana Point location and could limit its top-tier market value compared to properties with unobstructed vistas.
Recent Price Reduction & Market Status: The property has undergone a significant price reduction from $3.495M to $3.15M and is currently 'Active Under Contract'. This could indicate an initial overpricing or market resistance at the higher price point, suggesting a need for careful due diligence regarding its current valuation and market perception.

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