Introducing an exceptional ocean-view luxury residence or investment opportunity located in the highly coveted Lantern District in Dana Point! This immaculately maintained 4 bedroom beach residence boasts a host of desirable features that are sure to impress. The upstairs penthouse features 2 bedrooms, 2 bathrooms, and breathtaking views of the ocean. The reimagined bathrooms and beautiful flooring throughout add a touch of elegance to the space. The chef's kitchen is perfect for entertaining guests and comes equipped with top-tier stainless steel appliances, custom cabinets, a beautiful backsplash, breakfast bar, and a stunning stained glass accent. Step outside to the ocean-view balcony and enjoy the fresh sea breeze and stunning views. The primary suite is designed for ultimate relaxation and comfort and includes a walk-in closet and walk-in shower. Downstairs, you'll find an additional elegant 2 bedroom, 1 bathroom living space with a bonus kitchen and stainless steel appliances. This unit also features an enclosed private patio, perfect for intimate dining. Located in South County, just a short distance from the harbor, pristine beaches, legendary surf, fine dining, retail, and entertainment, this home offers the perfect combination of seaside luxury and rare investment opportunity. Whether you're looking for a private ocean-view residence or a lucrative investment property, this immaculate beach home is the perfect choice. Don't miss out on this one-of-a-kind opportunity to own a piece of paradise in the iconic Lantern District.