Dana Point, CA 92629 · Coastal · Dana Point · Lantern District · Market Report
Coastal Neighborhood · Dana Point · 92629
Data Period: January 1 – April 30, 2026 | Source: CRMLS
Community Overview
Lantern Village is Dana Point's central coastal neighborhood and the heart of the city's revitalized Lantern District — a walkable, mixed-use area centered on Pacific Coast Highway that has undergone significant investment over the past decade. Named for the street names that follow a lantern theme (Amber, Blue, Copper, Golden, Silver, etc.), Lantern Village sits above the ocean with many homes offering ocean views from elevated positions above PCH.
The neighborhood's residential character blends older beach cottages and mid-century homes with newer construction and renovated properties. The Lantern District itself has evolved into one of South OC's most vibrant dining and retail destinations, with restaurants, boutiques, and cultural venues clustered along Del Prado and PCH. Dana Point Harbor — one of Southern California's most significant recreational marinas — is directly adjacent.
Real estate in Lantern Village spans a wide range: from entry-level condominiums in the mid-$700,000s to custom single-family homes approaching $7 million. Single-family homes in this market trade at a significant premium per square foot due to the premium placed on ocean views and walkability to the harbor and Lantern District. With limited inventory and ongoing neighborhood investment, the market here has maintained strong pricing fundamentals.
Lantern Village is served by Capistrano Unified School District. Buyers should note that property type diversity — SFR, condo, townhome, and duplex are all present in the MLS area — creates meaningful pricing variation. This report presents SFR and attached statistics separately for clarity.
Data scope: Covers MLS Area LT – Lantern Village.
Community Amenities
Location & Commute
Market Snapshot — Single-Family Homes
Lantern Village recorded 8 single-family home sales in January through April 2026 at a median of $2,780,500 — a meaningfully higher figure than the $2,350,000 recorded in the same period last year, though with only 8 sales the comparison reflects product mix as much as price movement. The attached market added 6 closings. Median price per square foot for SFR reached $1,320 — the highest of any community in this batch — reflecting the premium placed on Lantern Village's ocean proximity and walkability. Days on market averaged just 37.0 days, the second fastest among this group, suggesting that buyers for this specific market are engaged and acting when the right property appears.
Detailed Statistics
SFR = Single-family residences. Attached = Condominiums and townhomes. PPSF recalculated from close price ÷ living area. Outliers removed per data methodology. Covers MLS Area LT – Lantern Village.
| Metric | Jan–Apr 2026 | Jan–Apr 2025 | Change |
|---|---|---|---|
| Loading… | |||
Market Trends — Single-Family Homes
Price, price/SF, DOM, and SP/LP charts use a 3-month rolling window ending on the labeled month. Monthly counts are raw (unsmoothed). Single-family residences. Source: CRMLS.
3-month rolling median
3-month rolling median
3-month rolling average
Raw monthly count
Raw monthly count · On Market Date
3-month rolling avg · Y-axis min 94%
Price Range Distribution — Single-Family Homes
Attached Market — Price Range Distribution
Property Segments
| Segment | Sales | Median Price |
|---|---|---|
| With Pool | — | — |
| Without Pool | — | — |
Based on trailing 12 months of closed SFR sales.
Our specialists have the local data and the track record to guide you with confidence.
Lantern Village Specialists
Gaetano LoGrande is Bullock Russell's premier coastal specialist, serving Lantern Village, Capistrano Beach, Dana Point, San Juan Capistrano, San Clemente, Laguna Beach, and beyond. His depth across coastal market dynamics helps clients achieve exceptional results.
Monique Mangum specializes in Lantern Village and Dana Point residential real estate at Bullock Russell. Her coastal market knowledge and attention to detail make her a valuable partner.
Jacqueline Valdez serves Lantern Village, Capistrano Beach, and Dana Point as a residential specialist at Bullock Russell. Her community-focused approach helps clients navigate one of South OC's most distinctive coastal markets.
Laura Bennett focuses on Lantern Village and Dana Point real estate at Bullock Russell. Her local knowledge and client relationships make her a trusted resource in these established Dana Point neighborhoods.
Frequently Asked Questions
About
Bullock Russell Real Estate Services is a South Orange County real estate firm with deep roots in the region's master-planned communities, gated communities, and coastal neighborhoods. The firm's agents bring hyper-local market knowledge and a straightforward approach to every client relationship.
(949) 709-1555 · contact@bullockrussell.com · bullockrussell.com