5 Pacific Ridge Place, Dana Point, California 92629, Dana Point, 92629 - 6 bed, 7 bath

5 Pacific Ridge Place, Dana Point, California 92629 home-pic-0
ACTIVE UNDER CONTRACT$17,250,000
5 Pacific Ridge Place, Dana Point, California 92629
6Beds
7Baths
7,002Sqft
11,674Lot

Price Vs. Estimate

The estimated value ($16,730,230.01) is $519,769.99 (3%) lower than the list price ($17,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
High Association Fees: The property carries a substantial monthly association fee of $1,550.00, which adds a significant ongoing cost to homeownership.

Compared to the nearby listings

Price:$17.25M vs avg $2.60M (+$14,650,000)96%
Size:7,002 sqft vs avg 2,359 sqft97%
Price/sqft:$2.5K vs avg $1.3K92%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old. The description highlights 'IMPECCABLE MODERN CONTEMPORARY' design with 'WOLF APPLIANCES,' 'EUROPEAN CABINETRY,' 'DUAL WATERFALL ISLAND,' 'STATE-OF-THE-ART SMART HOME CONNECTIVITY,' 'SOLAR POWER SYSTEM WITH 2 STORAGE BATTERIES,' and 'HEATED FLOORS' in the primary suite. The images confirm a pristine, high-end kitchen with modern finishes and appliances, and overall luxurious, virtually new condition throughout the property. All components meet current quality standards with no deferred maintenance.
Year Built
2019
Close
-
List price
$17.25M
Original List price
$17.9M
Price/Sqft
$2,464
HOA
$1,550
Days on market
-
Sold On
-
MLS number
OC25008710
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Ocean
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Ocean

About this home

IMPECCABLE MODERN CONTEMPORARY IN THE STRAND AT HEADLANDS, A UNIQUE COASTAL ENCLAVE WITH DIRECT BEACH ACCESS, PANORAMIC VIEWS OF THE PACIFIC OCEAN, CATALINA ISLAND, COASTLINE, SUNSETS. GATE-GUARDED, 24-HOUR SECURITY & ROAMING PATROLS. MANICURED LANDSCAPE, EXTENSIVE USE OF STONE & WOOD ACCENTS, COBBLESTONE DRIVEWAY, COVERED MOTOR COURT, 2 DOUBLE GARAGES. LARGE COURTYARD OFFERS OCEAN VISTAS, SERENE WATER FEATURE SOUNDS, PERFECT SPACE FOR INTIMATE OR LARGER GATHERINGS. EXPANSIVE ROOF DECK: PANORAMIC VIEWS, FIREPLACE, AMPLE GUEST SEATING. REAR YARD: OPEN FIREPLACE & BUILT-IN SEATING, POOL/SPA, OUTDOOR SHOWER, DINING AREA, BAR-B-QUE & PREP ISLAND ENJOYING PANORAMIC VIEWS. KITCHEN: LARGE DUAL WATERFALL ISLAND & SEATING, WOLF APPLIANCES, EUROPEAN CABINETRY, 2 BUILT-IN REFRIGERATORS, BUTLER PANTRY, AND 2 FLOOR-TO-CEILING GLASS TEMPERATURE-CONTROLLED WINE CELLARS. THIS HOME WAS UNIQUELY DESIGNED WITH OPEN SIGHTLINES WHERE CASUAL & LARGE GATHERINGS INTERACT EFFORTLESLY FROM ALL ENTERTAINING AREAS. THE GREAT ROOM ENJOYS PANORAMA VIEWS CREATING A RELAXING SETTING. SIMPLY ANY OF THE 4 LARGE SLIDING DOORS TO INCORPORATE THE COURTYARD & REAR YARD & EXPAND YOUR ENTERTAINMENT SPACE. 1ST LEVEL FEATURES A PRIVATE ENSUITE ACROSS THE COURTYARD, WELL-APPOINTED OFFICE, LAUNDRY ROOM WITH STEAM CLOSET, 2 WASHERS & DRYERS, STATE-OF-THE-ART SMART HOME CONNECTIVITY. THE HOME INCLUDES A SOLAR POWER SYSTEM WITH 2 STORAGE BATTERIES. THE EXTENSIVE USE OF GLASS IN THIS HOME'S DESIGN PROVIDES AN ABUNDANCE OF NATURAL LIGHT. AN OPEN STAIRCASE TO A 2ND LEVEL THAT CONTINUES TO IMPRESS WITH VIEWS FROM ALMOST EVERY ROOM, 5 BALCONIES, 3 ENSUITES, ACCESS TO AN EXPANSIVE ROOF DECK, BONUS -GAME ROOM WITH WET BAR. PRIMARY SUITE ENJOYS PANORAMA VIEWS, WALK-IN CLOSET, CUSTOM BUILT-INS, VANITY, HEATED FLOORS, SOAKING TUB, MULTI-HEAD SHOWER, PRIVATE BALCONY & ACCESS TO THE ROOF DECK TO GREET THE DAY OR BRING IT TO A CLOSE IN FRONT OF A ROMANTIC FIREPLACE & CITY LIGHTS. SUBTERRANEAN LIVING AREA FEATURES A STATE-OF-THE-ART DOLBY ATMOS THEATER WITH TERRACED SEATING FOR 10, OPEN LOUNGE WITH WET BAR, OVERSIZED BEDROOM, BATHROOM. LUXURIOUS FEATURES EXEMPLIFY THE QUALITY & FOCUS ON DETAIL THAT ONE EXPECTS IN THE FINEST ESTATES. RENOVATED BEACHFRONT BEACH CLUB WITH FITNESS CENTER, BEACH LOCKERS, SWIMMING POOL, BAR AND OPEN LOUNGE. DP HARBOR UNDERGOING ESTIMATED $600 MILLION PLUS REVITALIZATION ADDING ADDITIONAL HIGH-END DINING AND SHOPPING TO A VIBRANT DOWNTOWN. **VIDEO TOUR** https://youtu.be/-e7KiSAT_hY

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,K-50.4mi
9/10
John Malcom Elementary School
Public,K-52.1mi
8/10
Moulton Elementary School
Public,K-54.4mi
9/10
El Morro Elementary School
Public,K-58.6mi
6/10
Marco Forster Middle School
Public,6-82.4mi
7/10
Niguel Hills Middle School
Public,6-85.4mi
9/10
Thurston Middle School
Public,6-86.6mi
8/10
Dana Hills High School
Public,9-121.2mi
9/10
Laguna Beach High School
Public,9-126.6mi
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old. The description highlights 'IMPECCABLE MODERN CONTEMPORARY' design with 'WOLF APPLIANCES,' 'EUROPEAN CABINETRY,' 'DUAL WATERFALL ISLAND,' 'STATE-OF-THE-ART SMART HOME CONNECTIVITY,' 'SOLAR POWER SYSTEM WITH 2 STORAGE BATTERIES,' and 'HEATED FLOORS' in the primary suite. The images confirm a pristine, high-end kitchen with modern finishes and appliances, and overall luxurious, virtually new condition throughout the property. All components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Unrivaled Location & Community: Situated in 'The Strand at Headlands,' a prestigious, gate-guarded coastal enclave offering direct beach access, 24-hour security, and roaming patrols, ensuring exclusivity and peace of mind.
Panoramic Ocean & Catalina Views: Boasts breathtaking panoramic views of the Pacific Ocean, Catalina Island, coastline, and sunsets from nearly every room, the expansive roof deck, and various outdoor entertaining areas.
Luxurious Amenities & Entertainment: Features an array of high-end amenities including a pool/spa, outdoor kitchen, multiple fireplaces, a state-of-the-art Dolby Atmos theater with terraced seating, two temperature-controlled wine cellars, and a renovated beachfront beach club access.
Modern Design & Smart Home Technology: An impeccable modern contemporary design with open sightlines, extensive use of glass for natural light, state-of-the-art smart home connectivity, and an energy-efficient solar power system with two storage batteries.
High-End Finishes & Appliances: Equipped with premium features such as Wolf appliances, European cabinetry, dual waterfall kitchen island, heated floors in the primary suite, and custom built-ins throughout, reflecting exceptional quality and attention to detail.

Cons

High Association Fees: The property carries a substantial monthly association fee of $1,550.00, which adds a significant ongoing cost to homeownership.
Limited Buyer Pool & Price Sensitivity: The ultra-luxury price point of $17.25 million inherently narrows the potential buyer demographic, potentially leading to longer market times, as evidenced by the recent price reduction and the listing being above the estimated property value.
Extensive Maintenance Requirements: The multitude of high-end features, including a pool/spa, smart home system, theater, and specialized appliances, will likely require significant ongoing maintenance and specialized upkeep, contributing to higher operational costs.

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