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23846 Kara Bay, Dana Point, CA 92629

$2.79M3bd · 2ba · 1,446 sqft
Lot 4,050 sqft•HOA $415/mo•Single Family Residence•
Active
•19d 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
$14,133.04
Principal & Interest
Loan Amount
$2,236,000
Total Interest
$2,851,895
Total Payment Over 30 Years
$5,087,895
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

$2.79M
Luxury Tier
Beds
3
Baths
2
Sqft
1,446
Lot
4,050 sqft
Year
1973
$/Sqft
$1933
Pool: Yes✓
Spa: Yes✓
View: Hills✓
Garage: 2-car✓

Listed 4.9% below the median closed sale of $2,940,000. Price per sqft ($1,933) is a 18% premium to closed comps ($1,645). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.79M· $1,933/sqft
Total list price
Closed comps
vs closed median $2.94M
−$145K (−4.9%)
Active comps
vs active median $2.00M
+$795K (+39.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,730
+$203 (+11.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
35725 Beach RoadDana Point1960321,5052,680$3,488$5.25M8480
25101 DanalaurelDana Point1986331,8374,000$979$1.80M3179
33932 Malaga Dr.Dana Point1955431,6964,000$1,179$2.00M4978
33462 Spinnaker DriveDana Point1972321,2625,500$1,981$2.50M6978
28 Saint KittsDana Point1986331,9554,200$1,023$2.00M8376
Total: 5 · Average3.22.61,6514,076$1,730$2.71M63.2
Median1,696$2.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23862 BothniaDana Point197208/31/2026321,6844,050$3.35M$3.20M$1,9000.963286
34595 Calle PortolaDana Point197507/30/2026321,3684,891$1.53M$1.50M$1,0960.984784
24101 WindwardDana Point197209/09/2026231,5043,678$2.95M$2.94M$1,9551.003983
33795 Vista GrandeDana Point197709/04/2026221,6254,463$3.50M$3.33M$2,0490.958082
34041 El EncantoDana Point194907/24/2026321,2354,510$1.30M$1.51M$1,2271.174581
Total: 5 · Average2.62.21,483.24,318.4$2.50M$2.50M$1,645.4—48.6
Median1,504$2.94M$2.94M

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.