Dana Point Real Estate News

Aug 2

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With real estate prices increasing in the beach communities it's getting much harder to find condos for under $400,000 in Dana Point, California.  There are still some viable good options available in this price point for 4 condo communities that we can recommend.  It seems like it was only a couple of years ago that many of these same condos were priced in the $300,000 range, a true showing of the appreciation values here in Orange County.  Here is our guide to condos in this price range.

The very first place I always recommend when I learn someone is looking for a property under $500,000 is the Ritz Pointe gated community.  It's really hard to get much better in this price point with several amenities that make it more desirable then the rest on this

Jul 3

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Owning a home that's located on a double lot holds a lot of value.  We have seen some really iconic homes that were located on 2 lots be subdivided into two different homes which is really a shame since part of the charm of the home is having the extra land space to really enjoy the Southern California weather and ocean views.  There are still a few homes left that have not been subdivided and still located on double lots. They are few and far between and rarely come on the market for sale.  It's important to note that the price range often reflects the value if the home were subdivided and if two homes were to built in it's place.

A newly listed home in the Lantern Village community has just come on the market and located on a large double lot that

Jun 7

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One of the newest neighborhoods in Dana Point, California is the Ocean Del Rey Estates community.  Situated in the upscale Capistrano Beach area of Dana Point is a collection of 10 semi-custom homes that boarder the Seascape Village and Chateau Clemente communities in San Clemente.  It also offers a very close proximity to the bluff front off Camino Capistrano street with a short distance to local restaurants, shopping and the 5 freeway.  

Currently, the first 3 homes have been released for sale and range from $1,995,000 to $2,250,000.  These are large scale homes that range from 3,944 to 4,297 square feet and can include roof top ocean view decks and a basement level which is very rare for homes located in Southern California.  Some of the other

May 3

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Sometimes finding an ocean view home is not good enough.  The city of Dana Point has many different neighborhoods that offer a wide variety of views from small peek-a-boo to panoramic ocean views.  For those looking for an unobstructed ocean view homes you either have to looking for an ocean front home that can be very expensive and unaffordable to most home buyers.  There are several locations in Dana Point where unobstructed ocean views can be found without breaking the bank.  Here are some of the places we recommend looking.

First, the Lantern Bay Villas complex is a great place to start for finding places in the $1 to 2 million range.  For the most part, there are several condos in this complex that can offer partial to panoramic ocean views.

Apr 5

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We get a lot of calls for clients who are currently looking to rent a home but in the near future be able to purchase a property.  They often ask us if the current owner would consider a lease option that would allow them to lease the home and then purchase it at a later date.  This can be a tricky transaction and often should be negotiated by a licensed California real estate agent who has done this before.  The basic concept is to find a rental property that you like and ask the owner if they are open to selling it.  If they say yes then you have the potential to set up a lease option.  Here are the points you want to consider and negotiate.

First, figure out the current value of the home.  This will be important to establish a fair market value

Mar 7

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Last weekend I had the opportunity to take a tour of open houses in the Capistrano Beach area of Dana Point and was really amazed how many single family homes are selling for over $1 million dollars.  Capistrano Beach has always been known as a very expensive community due to it's close proximity to beach and located on the ocean side of the 5 freeway.  During the tour I was pleasantly surprised to see quality homes that were actually priced under $1 million and seemed to offer a very good value based on the location and quality of the home.

One of these homes was located at 26761 Calle Maria.  The owners agent quickly let us know that she was selling her parents house which I thought to be very interesting. The home itself was very charming and built

Feb 6

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One of the most common requests that we get from clients looking to buy in Dana Point is wanting to be able to walk to restaurants, shopping and the beach.  While most people first think about living near the beach in the downtown area they are soon shocked to learn how expensive this can be.  One of the great alternatives that we like to explain to our clients is the area around the Ocean Ranch shopping center which sits on the border of the city limits of Dana Point and Laguna Niguel.  The Ocean Ranch shopping center is home to large brand name retail stores like Trader Joe's, Starbucks's, 24 hour fitness, Cinepolis USA luxury movie theater, Wells Fargo and Ralph's grocery store.  There are also many smaller boutique style retail stores and quality

Jan 4

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We are currently working with one real estate buyer who is looking to purchase a condo in the Dana Point area.  His price range is under $600,000 and wants to know what options he has available to him.  This time of the year listings are still hard to come by as most seller's tend to not list their homes during the holidays.  As we get closer to February the inventory of condos available will increase and he will have more options to choose from.  These are the condo buildings that we explained to him will have the best opportunities.

First, our go-to condo building when someone is looking in the $400,000 to $500,000 range are the units located in the gated Ritz Pointe community known as "Monarch Hills" condos.  These are probably the best value when

Dec 5

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The first chance to see the brand new construction townhouses in the beach close community of "South Cove" will officially start this week.  Located at the corner of Coast Highway and Del Obispo street behind a small shopping center in Dana Point at 34202 Del Obispo Street in Dana Point.  Real Estate agents have the opportunity to view these homes by invitation only on Thursday December 7th from 4pm to 7pm.  On Friday, December 8th the sales office will be open to the general public to start taking reservations for the following condos being released for sale.

The Zephyr home builder has released 9 units on there websites ranging from 1,324 to 2,038 square feet.  The condos come in 3 different floorpans that are currently called "Aliso," "Trestles,"

Nov 7

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The Grand Monarch started building a total of 34 homes back in 2016 and has successfully sold 27 of these homes to date.  There are a total of 7 remaining homes available which include one model home priced at just under $4.5 million which includes all the furnishings with nice ocean and golf course views.  Located next to the former St. Regis Hotel, now called the "Monarch Beach Resort" is a new gated community with luxury condos and townhouses that share the same amenities as if you were a hotel guest.  Once you purchase a home in this community you get a membership card that can be used for all the Monarch Beach Resort amenities as well as the Monarch Bay Club and the Monarch Beach golf links.  The cards can be used for 20% off all the restaurants and