$1,400,000
SOLD APR 7, 2025
0.11 Acre
$12,727,273 Price per Acre
4,792 Sq Ft Lot

Recently Sold

12% Below List Price

96 Days on Market

Highlights

  • White Water Ocean Views
  • Property is near park
  • Park
  • Marco Forster Middle School Rated A-
  • No HOA
  • 4-minute walk to Lantern Village Community Park

About This Lot

As of April 2025

This is an investor's dream: a parcel ready to build, creating the perfect scenario for immediate development and quick turnaround. Choose to bring your own builder to realize this project, or discuss the option of having the seller undertake the construction. Seize the opportunity to own a prime piece of coastal California real estate at 34011 Ruby Lantern Street, Dana Point. This exclusive 4,792 square foot plot of land is not just any property—it's a street-to-street lot that promises breathtaking ocean views and is fully prepared for immediate development.

The land comes with approved plans to construct a stunning 2,229 square foot main house accompanied by a generous 1,200 square foot Accessory Dwelling Unit (ADU). Envision the main house as a luxurious abode featuring 4 bedrooms and 4.5 bathrooms, complete with a two-car garage. This design includes not one, but two ocean view balconies where you can relish the serene vistas of the Pacific.

The well-designed ADU offers substantial living space with 3 bedrooms and 3 bathrooms, also boasting a two-car garage for added convenience. The standout feature of the ADU is the 191 square foot Ocean View upper deck, offering an exclusive ocean view that's sure to captivate. Each structure is accessible from separate streets, offering both privacy and flexibility.

just moments from the soon to be updated Dana Point Harbor that will be the Jewel of Dana Point and downtown Laguna beach, premier shopping, restaurants, and an array of beautiful beaches, 5 Star Resorts, Golfing, Tennis and Surfing.

Don't miss out on this rare chance to develop in Dana Point, an area renowned for its high desirability and strong investment returns. This is where luxury living meets the charm of the seaside. Dive into this unique opportunity at 34011 Ruby Lantern Street, where the canvas awaits your vision to create an extraordinary residential showcase. Pictures of the house and ADU are renderings. Property is also available as a new construction sale New Build MLS# OC25003617

Last Agent to Sell the Property

Tony Maniaci

Engel & Völkers Dana Point Brokerage Phone: 949-558-7878 License #01731183 Listed on: 11/27/2024

Engel & Völkers Dana Point

Co-Listed By

Kaysha Lawrence

Engel & Völkers Dana Point Brokerage Phone: 949-558-7878 License #02156159

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Rectangular Lot
  • Lot Sloped Down
  • Value in Land
  • Property is zoned RMF 14

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Neighborhood

Location

  • Property is near park

Utilities

  • Overhead Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 133
  • Tax Tract Number 768
  • Assessor Parcel Number 68224202
  • $16 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Lantern Village Central Subdivision

Recreation

  • Park
  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Inclusions: Plans - Soils report - Permit ready
  • Current Use: Unimproved
  • Possible Use: Improved, Multi-Family, Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Lantern Village Central (LDC)
  • Survey: Survey Done
  • View: Yes
  • Zoning: RMF 14
  • Property Type: Land
  • Parcel Number: 68224202
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 292.15

Exterior Features

  • View: City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Fencing: Wood

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Current Geological: Yes
  • Land Lease: No
  • Lot Features: Sloped Down, Rectangular Lot, Park Nearby, Utilities - Overhead, Value In Land
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4792.0000 Square Feet

Tax Info

  • Tax Census Tract: 423.13
  • Tax Lot: 133
  • Tax Tract Number: 768
  • TaxOtherAnnualAssessmentAmount: 16.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2025 04/07/25 Sold $1,400,000 -12.5% --
03/03/2025 03/03/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $1,600,000 +77.8% --
11/18/2021 11/18/21 Sold $900,000 -9.5% -- View Prior Sale
04/19/2021 04/19/21 For Sale $995,000 +74.6% --
08/28/2018 08/28/18 Sold $570,000 -17.3% -- View Prior Sale
07/23/2018 07/23/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $689,000 -10.4% --
05/11/2018 05/11/18 Price Changed $769,000 -9.0% --
04/10/2018 04/10/18 For Sale $845,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,487 $955,087 $955,087 --
2024 $9,487 $936,360 $936,360 --
2023 $9,286 $918,000 $918,000 $0
2022 $9,110 $599,171 $599,171 $0
2021 $5,953 $587,423 $587,423 $0
2020 $7,049 $581,400 $581,400 $0
2019 $5,778 $570,000 $570,000 $0
2018 $4,641 $457,365 $457,365 $0
2017 $4,551 $448,398 $448,398 $0
2016 $4,464 $439,606 $439,606 $0
2015 $4,397 $433,003 $433,003 $0
2014 $4,313 $424,522 $424,522 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24239473

California Regional Multiple Listing Service (CRMLS)