Great Investment Opportunity! Potential to add roof top deck with spectacular ocean views!!! Beautiful Dana Point Home in the Lantern Village area near Dana Point Harbor! While offering seaside tranquility, this residence boasts 5 bedrooms, 3.5 bathrooms and 3000 square feet of amazing living space. Zoned R2 so easy conversion to duplex. Upon entry, the first level features a bedroom, living room with fireplace, kitchen with breakfast counter bar, dining room area, powder room, covered patio & direct access to the attached 2 car garage. The 2nd level, featuring high ceilings, offers a full guest bathroom, 4 bedrooms, with 2 large master suites each with a balcony, master dressing area, master baths and walk-in closet. There are two different/private entrances to this home. This home features a private entry gate leading to a wide driveway offering space for RV/boat parking, and additional parking. Distinguished school district, easy freeway and PCH access. Take a short walk to Doheny State Park, Dana Point Harbor, or one of the new restaurants in town! No Mello-Roos or homeowner's association. This is a property with many possibilities. Don't miss this unique opportunity.