
Dana Point, California 92629
This Oceanfront Estate represents a High-Potential Investment Opportunity, listed at $21,500,000—positioned above the $20,033,839 Fair Market Value. While the price reflects a premium, the property offers an unrivaled 110 feet of ocean frontage and a rare subterranean six-car garage. With a Fair Condition Rating, the home provides a canvas for modernization to match its elite location. Proximity to top-rated schools like John Malcom Elementary and Laguna Beach High adds long-term stability. This is an ideal acquisition for Luxury Investors or High-Net-Worth Owner-Occupants seeking a premier coastal legacy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26 Ritz Cove Subject | $21,500,000* List Price | 5 | 9 | 8,300 | $2,590 | - |
A 71 Ritz Cove Active | $17,495,000 List Price | 5 | 7 | 9,048 | $1,934 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property meets the 'Fair' criteria of being >20 years old. While the estate is a high-end luxury build, the interior finishes—specifically the Tuscan-style kitchen cabinetry and yellow-toned plaster walls—are dated. The listing's reliance on AI renderings to show modernized living spaces and bedrooms confirms that the current physical condition requires aesthetic updates to meet modern 'Excellent' standards.
Elementary School: John Malcom Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
As the largest lot in the exclusive Ritz Cove enclave, this property spans over two-thirds of an acre with an extraordinary 110 feet of oceanfront width, providing rare scale and panoramic views of Catalina Island.
The estate offers immense privacy with no neighbor on one side, a 90-foot street setback, and a private beach gate providing direct, immediate access to the world-renowned Salt Creek Beach path.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =29000, other record lot size in square feet = 31000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 8300, other record living area = 8451.
Built in 2002 with a 'soft Tuscan' style, the interior finishes may feel dated to modern buyers, a factor highlighted by the inclusion of AI renderings to demonstrate alternative design options.
With nine bathrooms, an expansive fruit-bearing garden, and complex subterranean systems, the property will require significant ongoing maintenance and high carrying costs to preserve its estate-level condition.
Two thirds of an acre on the FRONT ROW OCEANFRONT – ONE OF A KIND IN RITZ COVE! Welcome to an elegant oceanfront estate in Ritz Cove, the only beachfront community between the Ritz Carlton and the Waldorf Astoria Monarch Beach Five-Star Resorts. Positioned on the largest lot in the enclave, this home enjoys an extraordinary 110 feet of ocean and Catalina facing frontage and the privacy of a double-lot width. There is no neighbor on one side, just garden, grass and a sitting area...so the feeling of privacy is immense. With approximately 8,300 square feet, 5 bedrooms, and 9 baths, this residence was designed for rare coastal living. The subterranean garage accommodates up to six cars, a true luxury along the coast, and a rarity for an oceanfront home. An elevator serves all three levels—a distinction, as homes in many areas of OC are restricted to only two stop elevator service. Additionally, one of the bedroom suites has its own private exterior entrance, which is ideal for a guest apartment, ADU, or quarters for a nanny, chef, live-in family member or caregiver. The ceilings in this separate room are over 11’ high. The lower level family room can easily serve as a large Media/Cinema Room/Movie Theatre! A private cul-de-sac setting and a 90-foot setback from the street creates serenity and exclusivity. The lush garden, with roses, peaches, lemons, limes, boysenberries, Fuji apples, palms, and grapes, offers a rare oasis by the sea. Step through your private beach gate and onto the world-renowned Salt Creek Beach path, steps from white sand, dolphins, surfers, and nightly sunsets over Catalina. Inside, the home reflects a timeless, soft Tuscan style with hand troweled soft plaster walls and stone finishes. The main level hosts generous living and family rooms, a dining room, a library/office with two-story ceiling, kitchen, and several baths, including a surfer’s bath with a separate entrance and shower. Upstairs, four ensuite bedrooms include the primary suite with dual His-and-Hers separate bathrooms and showers. This is a huge perk!!! The lower level offers an additional bedroom and bath, game and entertainment rooms, laundry, and direct garage access. Sheltered slightly back from the Ritz Carlton bluff, the property benefits from natural wind protection. This rare estate embodies the best of privacy, elegance, and beachfront living in Ritz Cove. PLEASE NOTE: SOME AI RENDERINGS HAVE BEEN ADDED TO SHOW POTENTIAL OPTIONS AND POSSIBILITIES.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 9.0 | 3.0 |
| Square foot | 8,300 | 2,468.5 |
| Lot Size | 29,000 | 6,562 |
| Price | $21.50M | $2.86M |
| Price per sq ft | $2.6K | $1.2K |
| Built year | 2002 | 1980 |
| HOA | $990.0 | $370 |
| Days on market | 74 | 64 |
May 9, 2026
$21,500,000
Initial Listing
Jan 27, 2000
$4,500,000
Public Record