28 days on rocket

51 Ritz Cove Dr, Dana Point, CA, 92629

$7,750,000

0.25 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontBeach, Ocean Access
ViewIsland, Other, Ocean
MLS #OC24210608
Lot Size0.25 Acres
StatusActive

About 51 Ritz Cove Dr

Truly an outstanding opportunity for a residential building site in the coveted "24-hr Guard Gated Community of Ritz Cove". This approximate 11,000sqft building site has incredible ocean views, is located on a "single loaded cul-de-sac" and is walking distance to the Pacific Ocean with a private access gated system. There is no Mello-Roos associated with the Ritz Cove Development. This residential site is located within walking distance to beaches, the Ritz Carlton Resort and the world renowned surfing breaks of Salt Creek Beach! It is also contiguous to a second residential building site of approximately 16,000sqft that can also be purchased. There is currently a "tear down" residence located on the building sites which will be removed upon the sale of the building site. The Ritz Cove development is home to custom built residences of various styles and is one of the most revered "ocean front communities" in South Orange County. This enclave contains 101 residential properties. THIS IS ONE OF THE VERY FEW BUILDING SITES REMAINING! Minutes away from the Dana Point Harbor and its Lantern District. Walking distance to both the Waldorf Astoria and the Ritz Carlton Resorts and equally close to catching the Dana Point and Laguna Beach trollies! There are no special assessments nor Mello-Roos in this community. Please see agent remarks for financing options.

Property Details

Property Features

Listing Office:

  • Office Name: Harcourts Prime Properties
  • Office Phone: (949) 248-1888
  • Listing Agent: Bob Wolff

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Access
  • View: Island, Other, Ocean

Virtual/3D Tour

  • Virtual Tour: 51 Ritz Cove Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Landscaped, Level
  • Lot Size: 0.25 Acres

Other

Directions Information:

  • Directions: Pacific Coast HWY to Ritz Carlton Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,750,000

HOA Fees:

  • Amount: $1640
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $103,188
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dana Point, CA.

Med. Sold Price

$1.6M

Med. Price/SqFt

$914

Avg. Days On Market

41

# of Sold Homes

23

51 Ritz Cove Dr vs Dana Point

28 DAYS ON ROCKET

-13 Days

$7,750,000

+$6.0M More

KEY TAKEAWAY

This property is $6.0M more than the Median Sold Price in Dana Point, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24210608

Listing Office:

  • Office Name: Harcourts Prime Properties
  • Office Phone: (949) 248-1888
  • Listing Agent: Bob Wolff

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2010Home Sold
$8,200,000
May 03, 1991Home Sold
$1,532,000

Tax History

YEARPROP. TAXASSESSMENT
2021$103,188$9,778,687
2020$102,528$9,678,419
2019$97,817$9,488,647
2018$97,817$9,302,596
2017$93,857$8,941,366

History based on county public records data.

Payment Calculator

$40.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-391567
4
/10
  • R. H. Dana Language & Science Academy

  • 24242 La Cresta Dr

  • 1.18 miles

  • Public District Grades PK-5

school-card-donut-391568
9
/10
  • John S. Malcom Elementary School

  • 32261 Charles Rd

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-391569
6
/10
  • Del Obispo Elementary School

  • 25591 Camino Del Avion

  • 2.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,267. Most Dana Point, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Ritz Cove Dr

What is the listing price of this property?

The listing price of 51 Ritz Cove Dr property is $7,750,000.

What type of property is this?

The property 51 Ritz Cove Dr is land located in Dana Point, California, 92629.

Is this property for sale now?

Active Listing: 51 Ritz Cove Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $103,188 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2010 for $8,200,000. (source: MLS/tax record).

How much acreage is this property?

The property 51 Ritz Cove Dr is 0.25 acres.
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Rocket HomesCaliforniaOrange CountyDana Point9262951 Ritz Cove Dr

This home is located at 51 Ritz Cove Dr in Dana Point, CA and zip code 92629. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $7,750,000.

Over 8 listings were sold over their listed price in October 2024 in Dana Point, CA. In the same period over 14 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Dana Point, CA increased by 7.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 41 days, the median list price was $1,684,875.

From Rocket Homes Real Estate and based on county public records data.

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