Welcome to 34312 Port Lantern, an exceptional Cape Cod-style estate located within the prestigious guard-gated community of Lantern Bay Estates in Dana Point. Perfectly positioned to capture panoramic ocean, harbor, and hillside views, this elegant coastal residence offers the very best of Southern California luxury living. Spanning approximately 4,281 square feet, this beautifully appointed two-story home features four spacious en-suite bedrooms, including a desirable main-level suite, along with four and one-half luxuriously remodeled bathrooms. The thoughtfully designed floor plan offers both refined entertaining spaces and comfortable everyday living, all enhanced by breathtaking views throughout the home. The chef’s kitchen is a true centerpiece, showcasing premium Wolf appliances, a Sub-Zero Pro refrigerator, and an ideal layout for hosting gatherings both large and small. Ocean and harbor views can be enjoyed from the kitchen, dining area, patios, and primary suite, creating a seamless connection between indoor elegance and coastal outdoor living. The expansive primary suite offers a private retreat complete with a home office, fireplace, stunning view deck, and a spa-inspired bathroom featuring a soaking tub with ocean views. Additional highlights include a grand formal entry, wine room, large wet bar with mini refrigerator, three fireplaces, a spacious loft with baby grand piano, custom built-ins, wrought iron stair railings, custom iron fireplace screens, and beautifully updated white oak plank flooring. Recent improvements include fresh interior and exterior paint, remodeled bathrooms, built-in cabinetry, upgraded finishes, a new washer and dryer, a new 100-gallon water heater, and a three-car garage with Swiss Trax flooring. Outdoor living is equally impressive, with multiple ocean-view decks, an in-ground spa, built-in gas BBQ, and inviting spaces designed for al fresco dining, sunset views, and coastal relaxation. The home also offers a front-row setting for Dana Point’s Fourth of July fireworks. Situated on a quiet cul-de-sac with private access to Heritage Park, including a dog-friendly area, this remarkable home is just a short walk to Dana Point Harbor, world-class beaches, shops, dining, and coastal trails. This is a rare opportunity to lease a refined coastal estate where timeless elegance, comfort, privacy, and spectacular views come together. Available August 1 for lease. Can be rented unfurnished or partially furnished.