23895 Taranto Bay
About This Property
Tucked at the end of a quiet cul-de-sac in the exclusive oceanfront enclave of Niguel Shores, this beautifully upgraded single-level home captures the essence of coastal California living. Just moments from private bluff-top access and the sands of Strand Beach, this 3-bedroom, 2-bathroom residence offers thoughtfully designed living space on an expansive lot.
A gated entry welcomes you into a lushly landscaped front courtyard-an ideal setting for morning coffee or evening gatherings under the stars. Inside, vaulted ceilings and abundant natural light enhance the open-concept great room, where a cozy gas fireplace and sliding glass doors invite seamless indoor-outdoor living.
The updated kitchen overlooks the front courtyard and features stone countertops, stainless steel appliances, a 5-burner gas cooktop, and an oversized island perfect for casual dining and entertaining. A versatile third bedroom with double-door entry off the main living area offers flexible use as a home office, guest space, or den.
Down the hall, the secondary bedroom features custom closet systems and stylish herringbone-patterned tile flooring. The serene primary suite includes a walk-in closet, ensuite bathroom, and direct access to a private patio retreat.
Additional highlights include central A/C, upgraded finishes, built-in hallway storage, and a dedicated laundry area with garage access. The attached garage is outfitted with epoxy floors, storage cabinetry, and a workbench-ideal for organization or creative projects.
Residents of Niguel Shores enjoy 24-hour guard-gated security and access to premier amenities, including an oceanfront bluff park, direct beach access, pool, spa, clubhouse, tennis and pickleball courts, and scenic walking paths. Located minutes from the Ritz-Carlton, Waldorf Astoria, and downtown Dana Point's harbor, dining, and shops-this is coastal living at its finest.
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Listed by First Team Real Estate | $2,275,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017