Rarely does a home come to market that tells a story as compelling as 33891 Malaga Drive. Located in the heart of the historic Lantern Village on a very desirable double lot (lots 26 & 27), this property is a unique offering on so many levels. One of the earliest dwellings built in the area in 1946, the home has been lovingly cared for over the decades. Since acquired by its current owners in 2014, this charming residence has been comprehensively reimagined inside & out-transformed with the care & intentionality of a newer build while preserving the charm & character that only an older home can provide. Over the past decade, the owners have invested in nearly every system & surface: a designer kitchen anchored by professional Thermador appliances & custom cabinetry, a spa-caliber primary suite created by opening the floor plan & finishing it with quartz, bespoke cabinetry, & a CA Closets system. Fully remodeled bathrooms on both levels, dedicated home theater, new Milgard windows, new exterior siding, new CertainTeed roof with Velux skylight, new gas logs in 2/3 fireplaces, new tankless water heater, a hardwood Timber Tech entry deck, custom stair railings, refinished Douglas Fir hardwood flooring upstairs-among many other improvements. The result is a property that delivers the turn-key finish & elevated detail of a highly-remodeled home, set against the backdrop of one of OCs most sought-after coastal communities. A massive double lot offers ample outdoor space including two large/flat artificially-turfed areas front & back, a deck with covered spa, several patios includi
FP in Living Room, Game Room, Gas, Gas Starter, Other/Remarks, Raised Hearth
Architecture:
Cape Cod, Cottage, Custom Built, See Remarks
Other Structures:
Gazebo
Stories:
Split Level
Num Stories:
3
Total Stories:
3
Entry Level:
2
Year Built:
1946
Age (in years):
80 year(s)80 year(s)
Home Owner Fees:
$0
Mello Roos Fee:
$0
Mello Roos Fee Frequency:
Year
Terms:
Cash, Cash To New Loan, Conventional, Submit
Exit I-5 South at Pacific Coast Hwy, Right on Malaga Dr, Home is on Left.
Site Influences:
Curbs, Landscaped, Sidewalks, Sprinklers In Front
View:
Neighborhood
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Softener, 6 Burner Stove, Freezer, Gas Oven, Gas Stove, Ice Maker, Vented Exhaust Fan, Water Line to Refr, Gas Range
Listed by Talavera Real Estate and NON LISTED OFFICE
Data was last updated April 7, 2026 at 11:10 PM (UTC)
Area Statistics
Listings on market:
134
Avg list price:
$2,199,000
Min list price:
$259,900
Max list price:
$25,900,000
Avg days on market:
50
Min days on market:
0
Max days on market:
2,355
Avg price per sq.ft.:
$1,136.38
These statistics are generated based on the current listing's property type
and located in
Dana Point. Average values are
derived using median calculations. This data is not produced by
the MLS® system.