71 Ritz Cove Drive, Dana Point, California 92629, Dana Point, 92629 - 5 bed, 7 bath

71 Ritz Cove Drive, Dana Point, California 92629 home-pic-0
ACTIVE$18,800,000
71 Ritz Cove Drive, Dana Point, California 92629
5Beds
7Baths
9,048Sqft
19,577Lot

Price Vs. Estimate

The estimated value ($18,800,000) is $0 (0%) lower than the list price ($18,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unrivaled Coastal Location & Access: Situated in the exclusive guard-gated Ritz Cove on an elevated bluff at the end of a cul-de-sac with no south neighbor, offering direct gated access to the beach trail and proximity to world-class resorts and golf.
Top Cons:
High Ongoing Costs: The property incurs significant monthly association fees ($840), coupled with substantial property taxes and maintenance expenses inherent to a luxury estate of this size and caliber.

Compared to the nearby listings

Price:$18.80M vs avg $2.60M (+$16,200,000)97%
Size:9,048 sqft vs avg 2,359 sqft99%
Price/sqft:$2.1K vs avg $1.3K86%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this custom estate has undergone extensive recent renovations, as evidenced by the 'recently upgraded chef’s kitchen' featuring top-of-the-line Sub-Zero and Wolf appliances, Taj Mahal quartzite countertops, and custom cabinetry. The bathrooms, including the primary suite, showcase luxurious finishes like marble and a sauna, indicating a high standard of modernization. Throughout the property, the pristine condition, modern aesthetic, high-quality flooring (tile and hardwood), recessed lighting, and overall luxurious appointments suggest that all components are virtually new and meet current quality standards with no visible deferred maintenance.
Year Built
2002
Close
-
List price
$18.8M
Original List price
$18.8M
Price/Sqft
$2,078
HOA
$840
Days on market
-
Sold On
-
MLS number
OC25104408
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Park/Greenbelt, Ocean, Panoramic
Deck
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Park/Greenbelt,Ocean,Panoramic

About this home

Experience unparalleled coastal luxury at this custom estate in the exclusive guard-gated community of Ritz Cove. Perched on an elevated half-acre bluff at the end of a cul-de-sac, this corner residence boasts no neighbor on the south side and offering panoramic vistas of Catalina Island, Salt Creek Beach, and the lush adjacent parkland. Designed for both grand entertaining and intimate relaxation, the home features five expansive en-suite bedrooms. Notably, two are primary level suites with sweeping ocean views through exceptional picture windows, and each adorned with a fireplace and private terrace—providing serene retreats that capture the essence of seaside living. All bedrooms are generously sized, with four featuring their own fireplaces and terraces, enhancing the indoor-outdoor lifestyle. The recently upgraded chef’s kitchen is a culinary masterpiece, equipped with Taj Mahal quartzite countertops, custom cabinetry, and top-of-the-line Sub-Zero and Wolf appliances. Floor-to-ceiling windows throughout the home flood the interiors with natural light and frame the breathtaking coastal scenery. Additional highlights include a grand two-story foyer, a wood-paneled study, a formal living and dining room, and an upstairs lounge with a fully equipped bar. The outdoor oasis is complete with a resort-style pool and spa, outdoor fire features, and a built-in cook center—perfect for entertaining against the backdrop of the Pacific Ocean. Situated between the renowned Ritz-Carlton and Waldorf Astoria resorts, and just moments from Monarch Beach Golf Links, this estate offers direct gated access to the beach trail, placing the sand and surf just steps from your backyard.

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,K-51.0mi
9/10
John Malcom Elementary School
Public,K-51.4mi
8/10
Moulton Elementary School
Public,K-53.4mi
9/10
El Morro Elementary School
Public,K-57.6mi
6/10
Marco Forster Middle School
Public,6-82.4mi
7/10
Niguel Hills Middle School
Public,6-84.7mi
9/10
Thurston Middle School
Public,6-85.6mi
8/10
Dana Hills High School
Public,9-121.3mi
9/10
Laguna Beach High School
Public,9-125.6mi
Condition Rating
Excellent

Built in 2002, this custom estate has undergone extensive recent renovations, as evidenced by the 'recently upgraded chef’s kitchen' featuring top-of-the-line Sub-Zero and Wolf appliances, Taj Mahal quartzite countertops, and custom cabinetry. The bathrooms, including the primary suite, showcase luxurious finishes like marble and a sauna, indicating a high standard of modernization. Throughout the property, the pristine condition, modern aesthetic, high-quality flooring (tile and hardwood), recessed lighting, and overall luxurious appointments suggest that all components are virtually new and meet current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Unrivaled Coastal Location & Access: Situated in the exclusive guard-gated Ritz Cove on an elevated bluff at the end of a cul-de-sac with no south neighbor, offering direct gated access to the beach trail and proximity to world-class resorts and golf.
Panoramic Ocean & Coastal Views: Boasts sweeping, unobstructed panoramic vistas of Catalina Island, Salt Creek Beach, and adjacent parkland from multiple rooms and terraces, enhancing its prestige and value.
Luxurious & Expansive Living Spaces: A custom estate featuring five expansive en-suite bedrooms, including two primary level suites with ocean views, fireplaces, and private terraces, complemented by a grand foyer, wood-paneled study, and an upstairs lounge with a bar.
Gourmet Chef's Kitchen: The recently upgraded chef’s kitchen is a culinary masterpiece, equipped with Taj Mahal quartzite countertops, custom cabinetry, and top-of-the-line Sub-Zero and Wolf appliances.
Resort-Style Outdoor Oasis: The outdoor area features a resort-style pool and spa, outdoor fire features, and a built-in cook center, perfect for entertaining against a stunning ocean backdrop.

Cons

High Ongoing Costs: The property incurs significant monthly association fees ($840), coupled with substantial property taxes and maintenance expenses inherent to a luxury estate of this size and caliber.
Potential for Dated Elements: While the kitchen is upgraded, the 2002 build year suggests other areas of the 9,048 sqft home may require additional modernization to align with contemporary ultra-luxury design trends.
Limited Buyer Pool: The ultra-luxury price point of $18.8 million inherently restricts the market to a very specific and limited pool of potential buyers, which could impact market velocity.

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