35471 Del Rey
About This Property
Unparalleled coastal LUXURY living in the prestigious enclave of Capistrano Beach. This custom-built estate is a true masterpiece of design and craftsmanship and offers panoramic ocean views from nearly every angle.
With 3,635 square feet of main house space and an additional 425 square feet of guest house, perfect for hosting visitors or generating rental income, this home provides ample room for luxury living. From the moment you arrive, you'll be captivated by the grand modern Mediterranean architecture, featuring a meticulously crafted custom driveway and an exquisite stoned entryway.
Step inside to experience the epitome of modern Mediterranean architecture, with vaulted ceilings, engineered wood flooring, and a fully remodeled grand kitchen adorned with European cabinets, Thermador built-in appliances and oversized countertops. Ascend to the family room, where panoramic ocean views await, providing a breathtaking backdrop for relaxation and entertainment.
The primary suite offers resort-style living with a bedside ocean view, large balcony, and spa-inspired bathroom retreat featuring a freestanding soaking tub and dual showers with Brizo fixtures, and modern cabinetry.
Outside, enjoy RV parking, a three-car garage, and ample space for up to nine vehicles. Take advantage of the lifestyle around the property with heated pool with waterfall, Italian tile accents, night lights, and drought-tolerant landscaping. Additionally, the property is conveniently located near the full-length 18-hole Shorecliffs Golf Club and nearby parks offering tennis courts, basketball courts, baseball, and soccer fields.
Capistrano Beach is renowned for its peaceful and relaxing atmosphere, making it one of the most desirable beach areas in Southern California. Don't miss your chance to experience coastal luxury living at its finest-schedule your private tour today!
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | Listed by Lifetime Realty Inc | $3,499,000 | |
| Listed by Lifetime Realty Inc | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 9, 2021 | In contract | - | |
| In contract | |||
| Apr 1, 2021 | Price Decreased |
$1,799,000
↓ $26K
(1.4%) | |
| Price Decreased | |||
Property Highlights
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About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017