The beautiful community of Lantern Village lies closest to downtown Dana Point and the Harbor. On the bluffs and within the hills overlooking the Pacific Ocean you will find older cottages and modern homes (Lantern Village Custom Homes), estates (Lantern Village), Townhomes and condos (Admiralty, Lantern Bay Villas).

Many of the streets in Lantern Village are named after different colored lanterns. In the 18th century, natives used different colored lanterns to guide early traders into the harbor.