3 months on rocket

71 Ritz Cove Dr, Dana Point, CA, 92629

$20,500,000

5 Bedrooms
5 Full Baths, 2 Partial
9,048 SqFt
$2,266/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned, Door-Multi, Garage Faces Front, Garage
Attached Garage3 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Bay Front, Ocean Front
FireplaceFamily Room, Gas, Living Room, Primary Bedroom
ViewIsland, Other, Ocean, Panoramic
Private PoolYes
MLS #OC24166087
Lot Size0.45 Acres
StatusActive

About 71 Ritz Cove Dr

Welcome to a masterpiece of luxury living in the iconic guard-gated community of Ritz Cove. Custom designed and built in 2002, this architectural gem is nestled on a premium corner lot spanning nearly 20,000 square feet, offering unparalleled 270-degree views of the ocean, Catalina Island, and the lush surroundings of Salt Creek State Beach. As one of the most premium lots of the 101 private home sites in this exclusive enclave, this estate is uniquely secluded behind a private gate, with a palm tree-lined driveway leading to a 3-car garage and a private driveway that comfortably accommodates an additional 10 vehicles. This magnificent 9,000 square foot residence boasts 5 spacious en-suite bedrooms, each providing breathtaking vistas of the ocean or the county park. Enter through the custom-made French doors into a soaring 33' high foyer that sets the tone for the elegance that awaits. The newly renovated interior, with its expansive glass windows, bathes the home in natural light, showcasing the exquisite details, including new solid wood flooring, quartzite countertops, LED recessed lighting, and a reconstructed spiral staircase. The gourmet kitchen is a chef’s dream, featuring an oversized center island, solid wood custom cabinetry, white quartzite countertops, and state-of-the-art Subzero/Wolf stainless steel appliances, all framed by bay windows that capture the stunning Pacific Ocean views. The downstairs library is a haven for relaxation or productivity, with custom cabinetry, a built-in desk, and a coffered ceiling. Upstairs, three luxurious guest bedroom suites await, along with a fully finished entertainer’s bar and the extraordinary primary suite. The oceanfront primary suite is highlighted by bay windows, a private veranda, his and hers toilets, a sauna, a lavish walk-in closet, and an opulent tub and shower room. Step outside to the sea-breezing backyard, where a private pool, spa, two fire pits, a built-in barbecue island, and an outdoor shower create the perfect setting for entertaining or simply enjoying the tranquility of coastal living. In Addition, a private gated path from the side yard offers direct access to the serene Salt Creek Beach Park. Situated adjacent to the five-star Ritz Carlton Hotel, and Monarch Beach Golf Links, and close to the upcoming Dana Point Harbor Revitalization Plan, this estate is not just a home but a legacy in one of Southern California's most coveted communities.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 2
  • Living Area: 9,048 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Irvine
  • Office Phone: (818) 319-0374
  • Listing Agent: Miles Zhao

Interior Features

Interior Information:

  • Appliances: Stove, Range, Double Oven, Dishwasher, Electric Range, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water Softener, Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Beamed Ceilings, Wet Bar, Built-in Features, Balcony, Breakfast Area, Crown Molding, Coffered Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Multiple Staircases, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, Two Story Ceilings, Bedroom on Main Level, Dressing Area, Entrance Foyer, Galley Kitchen
  • Fireplace: Family Room, Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach, Bay Front, Ocean Front
  • View: Island, Other, Ocean, Panoramic
  • Exterior: Brick Driveway

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Door-Multi, Garage Faces Front, Garage

Virtual/3D Tour

  • Virtual Tour: 71 Ritz Cove Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard, Landscaped, Sprinklers
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From PCH to Ritz Carlton Drive, then directly enter the guarded gate.

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,500,000
  • Price Per SqFt: $2,266/SqFt

HOA Fees:

  • Amount: $840
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $117,045
  • Tax Year: 2021
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Housing Market Comparison

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

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Dana Point, CA

City

Med. Sold Price

$1.6M

Med. Price/SqFt

$914

Avg. Days On Market

41

# of Sold Homes

23

71 Ritz Cove Dr vs Dana Point

94 DAYS ON ROCKET

+53 Days

$20,500,000

+$18.8M More

$2,266/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $18.8M more than the Median Sold Price and $1.3K/SqFt more than other homes in Dana Point, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24166087

Listing Office:

  • Office Name: Keller Williams Realty Irvine
  • Office Phone: (818) 319-0374
  • Listing Agent: Miles Zhao

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

Jul 10, 2015Home Sold
$10,399,000
Dec 26, 1996Home Sold
$820,000
Dec 08, 1989Home Sold
$1,875,000
Feb 17, 1988Home Sold
$675,000

Tax History

YEARPROP. TAXASSESSMENT
2021$117,045$11,372,825
2020$116,368$11,256,211
2019$111,134$11,035,501
2018$111,134$10,819,119
2017$108,953$10,606,980

History based on county public records data.

Payment Calculator

$103.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$61.5K

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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-369620
4
/10

  • R. H. Dana Language & Science Academy

  • 24242 La Cresta Dr

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-369621
9
/10

  • John S. Malcom Elementary School

  • 32261 Charles Rd

  • 1.42 miles

  • Public District Grades PK-5

school-card-donut-369622
6
/10

  • Del Obispo Elementary School

  • 25591 Camino Del Avion

  • 2.39 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,267. The most common annual income of people living in Dana Point, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 71 Ritz Cove Dr

What is the listing price of this property?

The listing price of 71 Ritz Cove Dr property is $20,500,000.

What type of property is this?

The property 71 Ritz Cove Dr is a house located in Dana Point, California, 92629.

Is this property for sale now?

Active Listing: 71 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 $117,045 (source: MLS/based on county public records data).

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

The last sale was on July 10, 2015 for $10,399,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 71 Ritz Cove Dr has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 71 Ritz Cove Dr is 9,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 71 Ritz Cove Dr is 2002.
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Rocket Homes›California›Orange County›Dana Point›92629›71 Ritz Cove Dr

This home is located at 71 Ritz Cove Dr in Dana Point, CA and zip code 92629. This 9,048 square foot home, which was built in 2002, sits on a 0.45 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $20,500,000.

While more than 8 listings in Dana Point, CA in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 14 were sold below. The number of listings in Dana Point, CA increased by 7.5% between September 2024 and October 2024. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,684,875.

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

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