Rarely on the market in one of Dana Point's most desirable neighborhoods, this updated coastal condo offers the best of beachside living. Ideally located in the heart of the Lantern District, 24481 Lantern Hill Drive #F is nestled within a charming Cape Cod-inspired gated community just minutes from Monarch Beach Golf Links, world-class beaches, Dana Point Harbor, and an abundance of shopping and dining. Step inside to a bright, open-concept floor plan featuring a spacious living room with a cozy fireplace and seamless flow into the dining area and kitchen - perfect for everyday living or entertaining. The kitchen opens directly to the main living space, creating a light and inviting atmosphere. Three separate decks provide multiple outdoor retreats to enjoy coastal breezes and indoor-outdoor living year-round. Recent upgrades include newer HVAC, windows and sliding doors, updated flooring, granite countertops, garage door and opener, along with community-wide improvements such as newer roofs and PEX re-piping - offering both comfort and peace of mind. Additional highlights include a detached single-car garage, an assigned parking space, ample guest parking, and access to community amenities including a clubhouse, pool, and spa. With a low tax rate and exceptional proximity to beaches, top-rated schools, freeway access, and the harbor, this move-in-ready residence is ideal as a full-time home, second residence, or weekend coastal retreat.