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Ocean-view, turnkey home a deal at $534,500?

November 24th, 2009, 1:00 pm · 2 Comments · posted by KELLI HART, THE ORANGE COUNTY REGISTER

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This ocean-view condo in Dana Point just received a price reduction and along with its other perks, it’s a wonder as to why it has been sitting for so long unsold.

The home at 33692 Blue Lantern Street #5 was first listed at $589,000 and is now priced at $534,500. It has 2 bedrooms, 2 baths, 1,200-square-feet and ocean views.

Just a short drive to the beach, this condo is updated and ready for move-in. The HOA dues might sting a bit - $235/month - but apart from that and sharing one wall with another unit, this place isn’t so bad.

Sure, it could use a price reduction (again) to get more notice in the winter months, but this place looks pretty nice.

Do you think this home is a deal?
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