$4,950,000
NEW LISTING AND SELLER MOTIVATED! Panoramic Ocean Views from this updated OCEANFRONT property with heated Pool and direct beach access to the sand on 24-hour, Guard-Gated Beach Road. Situated on one of the larger lots in this exclusive community with over 8,276 sq.ft. Completely Remodeled 6 bedroom Pool home (currently configured as a duplex) features high-end finishes, is fully furnished, and accommodates 13 guests comfortably (Upper 3 Bdrm + 2 Bath with Ocean View Deck rents for $20k/mo ($5,000-5,500 weekly with the active short-term rental (STR) permit, which new owner may apply to continue use as a STR investment property (subject to city approval)) and the Lower 3 Bdrm + 3 Baths with a Pool at rents for $12-15k/mo - making this 6 Bdrm + 5 Bath Beach a property that can be rented together or separately for up to $35,000/mo. The nicely equipped kitchens both have casual bar seating and are open to great room/living spaces with ample entertaining areas and sweeping ocean views. All six bedrooms are beautifully furnished, and baths all include a walk-in shower or tub/shower combination; there is convenient inside laundry for each unit. Enjoy a morning or evening walk along the sand, or step out to your private, Heated Pool with an Oceanfront Cabana. Hallmarks of the Beach Road community in Capistrano Beach include beach-front living and 24-hour gated entry with an attendant. Within a short bike ride to Dana Point Harbor and Lantern District shops and restaurants - currently undergoing a total revitalization - or venture just north of Dana Point to iconic Laguna Beach with its world-renowned festivals, art galleries, shops, and restaurants! The Property features direct beach access down private stairs. The expansive lot and multi-family zoning provide for a two-family compound investment, live in one and rent the other, or rent both units for lucrative passive investment opportunities! Tenant can vacate with a 60-day notice if buyer wishes to occupy property.
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Listed by Cynthia Ayers with Laguna Coast Real Estate (949) 494-0490
Property Type
Single Family Residence
Status
Active
MLS Number
LG26100690
Year Built
1951
Lot Size
8,276 sq ft