23685 Sidney Bay
About This Property
An exceptional opportunity awaits with this single-level Garden Home in the Niguel Shores community. Lovingly maintained by original owners, this 1,285 sq. ft. is ready to welcome its next chapter. Whether you're seeking a home to upgrade or a blank canvas to create your dream ocean side sanctuary with endless potential.
Prime Location on a Tranquil Cul-de-Sac, this home is just minutes away from the Niguel Shores bluff, with sweeping views above the Strand Beach. Upon entering through the private gate, find a spacious entertainer's courtyard-ideal for hosting elegant gatherings or simply enjoying your private oasis.
Welcoming Living Spaces: Step inside to an open, living space accentuated by high ceilings and generous windows that bathe the home in natural light. The living room, complete with gas fireplace, flows seamlessly into a formal dining area. Sliding doors open to the patio, creating an indoor-outdoor living experience. Adjacent to the living room, a cozy den offers additional space for relaxation.
The kitchen, bathed in light from a patio-view window, features ample prep and storage space with a layout perfect for any chef. A stained glass doorway leads out to the courtyard.
Bedrooms and Bathrooms: The primary bedroom is a retreat with natural light pouring in from a sliding door that opens to a private interior alcove. It features two closets, including a walk-in, and an ensuite bathroom. The second bedroom, with a sliding door to the backyard, offers flexibility for use as a guest room, office, or creative space. A full bathroom and conveniently located laundry facilities complete the hallway.
Detached Garage with Storage A detached two-car garage provides built-in storage and a private entry into the gated courtyard, ensuring convenience and security.
Exceptional Coastal Living: Located on the ocean side of the PCH, this home offers coastal living. Just a short 5-minute to the private bluff overlooking the Strand Beach, with direct access to the sand below. The Niguel Shores community is renowned for its resort-like amenities, including a 24-hour guard gate, pool, spa, tennis and pickleball courts, bocce ball, event spaces, and a vibrant social calendar. Enjoy the close proximity to world-class resorts, beaches, dining, and shopping in downtown Dana Point.
This rare chance to create your dream home in an exclusive oceanside community-do not miss the opportunity to make it yours.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by First Team Real Estate | $1,905,000 | |
| Listed by First Team Real Estate | |||
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About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017