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23846 Kara Bay, Dana Point, CA 92629

$2.65M3bd · 2ba · 1,446 sqft
Lot 4,050 sqft•HOA $415/mo•Single Family Residence•
Active
•38d on market•MLS# OC-26208509

Property Description

**Coastal Resort Living in Niguel Shores Steps from Strands Beach** Experience the best of **Dana Point coastal living** at 23846 Kara Bay, ideally located in the highly desirable **Niguel Shores community** just steps from spectacular **Strands Beach**. Currently configured as a two-bedroom residence, the home was originally designed as a three-bedroom and can readily be converted back, providing flexibility to accommodate your lifestyle and needs. Inside, coastal comfort meets timeless quality with **slate flooring throughout, skylights that bring in abundant natural light, and blinds throughout**. The kitchen features a **Sub-Zero refrigerator and Viking four-burner gas range**, while the **Jacuzzi tub** provides a relaxing retreat after a day at the beach. Life at Niguel Shores feels like being on vacation every day. Start your morning with a walk along the Pacific Ocean, spend the afternoon enjoying the community’s resort-style amenities, and finish the evening at the **private bluff-top park overlooking beautiful Strands Beach**, taking in spectacular coastal sunsets. Residents enjoy an impressive collection of amenities, including a **community pool and spa, tennis and pickleball courts, parks, clubhouse**, and beautifully maintained coastal surroundings. Niguel Shores also offers an active social calendar with community gatherings and events, including popular **Taco Nights and other neighborhood celebrations at the private clubhouse and bluff-top park**. The flexible floor plan is ideal for full-time coastal living, a weekend getaway, vacation retreat, or investment property. With the ability to convert the current two-bedroom configuration back to three bedrooms, the home offers an opportunity to create the space that best fits your needs. Beyond the community, enjoy convenient access to **Strands Beach, Dana Point Harbor, Salt Creek Beach, Monarch Beach, world-class resorts, golf, restaurants, and shopping**. For those seeking a **Dana Point home near the beach**, 23846 Kara Bay offers a rare combination of coastal location, resort-style amenities, flexible living space, and the unmistakable charm of Southern California beach living. **Live steps from the beach. Enjoy the bluff. Embrace the lifestyle. Welcome to Niguel Shores.**

Features & Amenities

FeeBuilt 1973

Property Details

Land Type
Fee
Year Built
1973
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills
Flooring
Stone
Roof
Slate
City
Dana Point
Zip Code
92629
County
Orange
Listed byPacific Sotheby's Int'l Realty, Briant Patterson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,399.84
Principal & Interest
Loan Amount
$2,120,000
Total Interest
$2,703,943
Total Payment Over 30 Years
$4,823,943
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

23846 Kara Bay, Dana Point, CA 92629

Dana Point · Single Family Residence

$2.67M
Luxury Tier
Beds
3
Baths
2
Sqft
1,446
Lot
4,050 sqft
Year
1973
$/Sqft
$1850
Pool: No✓
Spa: No✓
View: Hills✓
Garage: 2-car✓

Listed 9.2% above the median closed sale of $2,450,000. Price per sqft ($1,850) is a 12% premium to closed comps ($1,652). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.67M· $1,850/sqft
Total list price
Closed comps
vs closed median $2.45M
+$225K (+9.2%)
Active comps
vs active median $2.50M
+$177K (+7.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,247
+$603 (+48.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
33462 Spinnaker DriveDana Point1972321,2625,500$1,900$2.40M8984
24241 Porto NuovoDana Point1977221,6257,264$1,537$2.50M979
27 Palm Beach CourtDana Point1985332,4723,500$1,011$2.50M15174
33781 Pequito DriveDana Point1978432,5747,000$913$2.35M3760
33871 Calle La PrimaveraDana Point2017452,9465,478$874$2.58M2655
Total: 5 · Average3.23.02,175.85,748.4$1,247$2.46M62.4
Median2,472$2.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
33901 El Encanto AvenueDana Point192909/30/2026221,3284,750$2.19M$2.41M$1,8151.101991
24101 WindwardDana Point197209/09/2026231,5043,678$2.95M$2.94M$1,9551.004086
24232 Porto NuovoDana Point197705/04/2026221,6254,516$2.35M$2.35M$1,4461.007683
24242 Porto VerdeDana Point197707/27/2026221,6256,454$2.50M$2.50M$1,5351.009581
83 Palm Beach CourtDana Point198611/12/2025221,6245,800$2.55M$2.45M$1,5090.968077
Total: 5 · Average2.02.21,541.25,039.6$2.53M$2.53M$1,652—62
Median1,624$2.45M$2.45M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.