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26946 Calle Real
About This Property
The main level features an en-suite bedroom, a full bathroom with a full-size sauna, and spacious living areas with ocean views from the family room and kitchen. Upstairs, you'll find three additional bedrooms, including a luxurious primary suite with ocean views, a large walk-in closet, a steam shower, and an expansive private deck overlooking the ocean. The home also offers flexibility to easily be converted back to a 5-bedroom layout by adding one wall.
Designed for comfortable living and effortless entertaining, the property includes a private backyard with an in-ground spa, 4-car garage, oversized driveway, and side-yard parking with room for an RV.
Located within the highly regarded Capistrano Unified School District and offered for the first time in over 50 years, this is a rare opportunity to own a legacy property in one of Dana Point's most desirable coastal enclaves-just moments from the sand and beloved Pines Park.
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by The Agency | $2,250,000 | |
| Listed by The Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017