Description

PRICE REDUCED 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 guard gated 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 weekly with permit) 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! (Note: Weekly rents upstairs average $5-5,500 per week (permissible with existing short-term permit) - owner currently has a tenant in place downstairs at $11k/mo so total for both units generate $35,000+ income with tenant paying all utilities - Tenant can vacate with a 60 day notice if buyer wishes to occupy property.