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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
Listing agent: Tony Maniaci DRE #01731183 tony.maniaci@evrealestate.com, Listing office: Engel & Volkers Dana Point
MLS data updated 10/19/2026, 5:39:21 AM PT
Source: CRMLS, MLS #: OC24239473
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 7, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,400,000Closed sale · Apr 7, 2025ZIP 92629 · Apr 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.