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33741 Blue Lantern, Dana Point, CA 92629

$4.40M4bd · 4ba · 3,800 sqft
Lot 7,500 sqft•Single Family Residence•
Active
•100d on market•MLS# OC-26142461

Property Description

Coastal luxury with ocean views meets modern design in the heart of Dana Point's coveted Lantern District. Situated on the iconic and historic Blue Lantern Street, this beautifully remodeled residence offers four bedrooms plus a detached guest suite, office, or private mother-in-law quarters, four-and-one-half bathrooms, and a premium-sized lot—an exceptional offering in one of Dana Point's most sought-after neighborhoods. Designed for effortless entertaining, the open-concept floor plan is filled with natural light and seamlessly connects indoor and outdoor living through an expansive folding glass door system that opens the great room to the spacious backyard. The oversized outdoor living space provides multiple areas for dining, relaxing, and entertaining while enjoying the coastal climate year-round. The chef's kitchen is both stunning and functional, featuring a Viking 8-burner range with professional hood and pot filler, Viking refrigerator and microwave, wine refrigerator, abundant cabinetry, expansive quartz countertops, and an oversized center island that anchors the heart of the home. The kitchen flows effortlessly into the dining area and family room, creating the ideal gathering space. Upstairs, dual primary suites offer flexibility and privacy, each showcasing beautifully remodeled spa-inspired bathrooms, generous walk-in closets, and breathtaking ocean and sunset views. Two additional bedrooms and well-appointed baths complete the main residence. The detached guest suite offers its own private bathroom, making it ideal for extended family, guests, a home office, fitness studio, or creative space. Additional highlights include wide-plank wood flooring, designer finishes throughout, an oversized laundry room with extensive counter space and utility sink, and an attached three-car garage. Located just minutes from Dana Point Harbor, world-class beaches, coastal trails, restaurants, boutiques, and the exciting harbor revitalization, this exceptional Blue Lantern residence offers the perfect blend of luxury, comfort, and the Southern California coastal lifestyle.

Features & Amenities

FeeBuilt 1973

Property Details

Land Type
Fee
Year Built
1973
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Coastline, Ocean
Flooring
Wood
City
Dana Point
Zip Code
92629
County
Orange
Listed byBullock Russell RE Services, Gaetano LoGrande

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$22,238.68
Principal & Interest
Loan Amount
$3,518,400
Total Interest
$4,487,525
Total Payment Over 30 Years
$8,005,925
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

33741 Blue Lantern, Dana Point, CA 92629

Dana Point · Single Family Residence

$4.40M
Luxury Tier
Beds
4
Baths
4
Sqft
3,800
Lot
7,500 sqft
Year
1973
$/Sqft
$1157
Pool: No✓
View: water✓
Garage: 3-car✓

Listed 12.0% below the median closed sale of $5,000,000. Price per sqft ($1,157) is a 33% discount to closed comps ($1,726). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $4.40M· $1,157/sqft
Total list price
Closed comps
vs closed median $5.00M
−$602K (−12.0%)
Active comps
vs active median $3.65M
+$748K (+20.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,470
−$313 (−21.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24722 Santa ClaraDana Point2000333,2959,450$1,971$6.50M12875
25462 Evans PointeDana Point1990533,7937,930$705$2.67M5668
27562 GableDana Point2000443,2036,400$743$2.38M8066
4 BreakersDana Point1974543,9479,100$2,901$11.45M7065
34781 Camino CapistranoDana Point1992543,5415,998$1,031$3.65M2865
Total: 5 · Average4.43.63,555.87,775.6$1,470.2$5.33M72.4
Median3,541$3.65M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27 Los Monteros DriveDana Point198109/14/2026443,6706,900$4.00M$3.71M$1,0100.936288
33761 MagellanDana Point197309/30/2026433,2938,000$7.50M$7.70M$2,3381.036484
29 MarbellaDana Point199109/18/2026443,6898,750$4.97M$5.00M$1,3551.015877
26946 Calle RealDana Point197206/25/2026443,4036,400$2.25M$2.40M$7051.073667
20 Monarch BayDana Point201509/18/2026443,8499,775$12.99M$12.40M$3,2220.956363
Total: 5 · Average4.03.83,580.87,965$6.24M$6.24M$1,726—56.6
Median3,670$5.00M$5.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.