Experience coastal living and investment potential in the heart of Dana Point, one of Southern California’s most exciting and rapidly evolving seaside communities. Currently undergoing a remarkable revitalization, Dana Point is quickly becoming a premier destination along the coastal riviera, making this the perfect time to secure your place in its transformation.
This unique street-to-street duplex offers exceptional versatility and privacy, featuring two separate 3 bedroom, 2 bath homes, each with its own entrance. One home is accessed via 34032 Ruby Lantern, while the other fronts 34031 Granada Drive, creating a rare sense of independence for both residences.
Each residence includes:Ocean views, a private 2-car garage, a spacious primary bedroom & Expansive decks ideal for entertaining while enjoying coastal sunsets. Whether you're looking to establish a multi-generational family compound, live in one unit while generating rental income from the other, or capitalize on a prime investment opportunity, this property delivers unmatched flexibility.
Opportunities like this are rare in Dana Point. Don’t miss your chance to be part of its exciting future.
Listed by John Trevino
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License #01411440
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Compass
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949-395-2417
Last updated April 29, 2026
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Source: CRMLS #LG26091427
Listing Facts
TypeMulti-family
NeighborhoodLantern Village
Days on Prevu3
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
04/28/2026
Listed by Compass
$2,849,000
Property Details for 34032 Ruby Lantern
Association
Amenities
Community Features: Storm Drain(s)
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Roof: Asphalt, Shingle
Stories: 2
Stories Total: 2
Year Built: 1985
Architectural Style: Cape Cod
Common Walls: 1 Common Wall
Construction Materials: Drywall
Entry Level: 1
Entry Location: 1
Exterior Features: Rain Gutters
Features
Other Structures: Second Garage
Road Frontage Type: City Street
View: City Lights, Coastline, Ocean
Measurements
Building Area Total: 3,205
Building Area Units: Square Feet
Lot Features: Front Yard, Garden
Lot Size Acres: 0.11
Lot Size Area: 4,792
Lot Size Source: Assessor
Lot Size Square Feet: 4,792
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 68224104
Interior
Features
Appliances: Barbecue, Dishwasher, Free-Standing Range, Gas Water Heater
Fireplace Features: Living Room
Fireplace: Yes
Flooring: Carpet, Vinyl
Interior Features: Beamed Ceilings, Balcony, Cathedral Ceiling(s), Living Room Deck Attached, Bedroom On Main Level, Primary Suite, Walk-In Closet(s)
Other
Features
Accessibility Features: Parking
Location
Subdivision Name: Lantern Village Central (LDC)
Tax Lot: 128
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 4
Parking Total: 8
Utilities
Equipment
Heating: Central
Has Heating: Yes
Laundry Features: In Garage
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 34032 Ruby Lantern.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 34032 Ruby Lantern.
How does 34032 Ruby Lantern compare to other multi-family homes in Lantern Village?
This multi-family home is listed 30% above the average price for multi-family homes in Lantern Village and has been on the market for 65 less days than the typical home in this area.
34032 Ruby Lantern is a -bedroom multi-family home for sale in Dana Point CA 92629. Listed on Prevu for 3 days at $2,849,000. This property is located in Lantern Village. The median listing price for multi-family homes in this area is $1,815,000. The home offers dishwasher and parking. Browse more multi-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.