$19,050,000
SOLD AUG 6, 2025
6 Beds
6.5 Baths
8,081 Sq Ft
0.3 Acres

Recently Sold

$2,357 Per Sq Ft

17% Below List Price

353 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Wine Cellar
  • Moulton Elementary Rated A
  • Property has ocean access
  • 24-Hour Security

About This Home

As of August 2025

Brand new and completed in May 2025, 13 Ritz Cove Drive is a custom-built oceanfront estate located in the exclusive guard-gated community of Ritz Cove. This architectural masterpiece is the result of a prestigious collaboration between renowned architect Mark Teale, acclaimed interior designer Megan Crane, and respected builder Tom Nicholson. Together, they have crafted a one-of-a-kind coastal residence that blends timeless elegance with modern sophistication. Positioned on a rare front-row homesite with unobstructed views of the Pacific Ocean, Catalina Island, and the white sands below, the home offers approximately 8,000 square feet of refined living space with 6 bedrooms and 6.5 bathrooms. Designed to maximize light, views, and indoor-outdoor living, nearly every room captures dramatic ocean panoramas. Inside, the home features a grand pivot entry door, expansive limestone flooring, custom-stained walnut ceilings, and an ocean-facing great room with a signature 10’ x 30” Stellar fireplace. The gourmet kitchen is outfitted with Wolf and Sub-Zero appliances, Dorn Bracht fixtures, and bespoke cabinetry. A 450-bottle, climate-controlled wine room serves as a focal point for entertaining. Two ocean-view primary suites each include spa-style bathrooms with steam showers and private terraces. Additional amenities include a Savant audio system, Lutron lighting controls, comprehensive security system, sculptural limestone stair wall, and a saltwater splash pool with integrated water feature. With direct beach access and just moments from the Ritz-Carlton, Waldorf Astoria Monarch Beach, and top-tier golf and dining, this newly completed estate offers a rare opportunity to own a legacy property in one of Southern California’s most prestigious coastal communities.

Last Agent to Sell the Property

MICHAEL MECHLING

Coldwell Banker Realty Brokerage Phone: 949-378-2505 License #01858728 Listed on: 08/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Robert Wolff

Harcourts Prime Properties License #01053562

Harcourts Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,699

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Beach Front

HOA Fees

  • $820 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Golf Course

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Tile Roof
  • Clay Roof

Interior Spaces

  • 8,081 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • High Ceiling
  • See Through Fireplace
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • Library with Fireplace
  • Game Room
  • Home Gym

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Self-Closing Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Ocean Side of Highway 1
  • Balcony
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Tankless Water Heater
  • Sewer Paid

Additional Features

  • Solar Power System
  • Suburban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 13103
  • Assessor Parcel Number 67246105
  • $1,720 per year additional tax assessments

Community Details

Overview

  • Ritz Cove HOA, Phone Number (949) 481-0555
  • Ritz Cove HOA
  • Built by Nicholson Companies
  • Ritz Cove Subdivision
  • Maintained Community

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,699

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$820 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67246105
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 8081.00 Square Feet
  • Interior Amenities: Balcony, Elevator, High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Library, Primary Bedroom, Outside, Fire Pit, See Through
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2357.38
  • Room Type: Exercise Room, Family Room, Game Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Office, Two Primaries, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Double Sinks In Primary Bath, Privacy Toilet Door, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • View: Catalina, Coastline, Golf Course, Ocean, Panoramic, Water, White Water
  • Builder Name: Nicholson Companies
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Clay, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Guard, Security, Controlled Access
  • Association Fee: 820.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove HOA
  • Phone: 949.481.0555
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Ritz Cove

Schools

  • School District: Capistrano Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13146.00
  • Lot Size Acres: 0.3018

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13146.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 15
  • Tax Tract Number: 13103
  • TaxOtherAnnualAssessmentAmount: 1720.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 13, 2021
Sold by
Akazawa Melvin and Akazawa Joyce
Bought by
Pleasantville Road Partners Llc
Seller's Agent
Doug Echelberger
Inhabit Collective
Buyer's Agent
Robert Wolff
Harcourts Prime Properties
List Price
$5,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$195,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,800,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Construction
Previous Owner $425,000 Unknown
Previous Owner $460,000 Balloon
Previous Owner $580,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $19,050,000 -10.1% $2,357 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/05/2025 07/05/25 Price Changed $21,195,000 -7.8% $2,623 / Sq Ft
05/11/2025 05/11/25 For Sale $22,995,000 +20.7% $2,846 / Sq Ft
05/02/2025 05/02/25 Off Market $19,050,000 -- --
08/02/2024 08/02/24 For Sale $22,995,000 +187.4% $2,846 / Sq Ft
06/30/2022 06/30/22 Sold $8,000,000 -46.6% $990 / Sq Ft
03/24/2022 03/24/22 For Sale $14,995,000 +158.5% $1,856 / Sq Ft
06/07/2021 06/07/21 Sold $5,800,000 -3.3% --
04/08/2021 04/08/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $5,995,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $97,699 $11,037,741 $8,489,664 $2,548,077
2024 $97,699 $9,477,872 $8,323,200 $1,154,672
2023 $84,122 $8,160,000 $8,160,000 $0
2022 $59,792 $5,916,000 $5,916,000 $0
2021 $19,292 $1,907,069 $1,907,069 $0
2020 $19,099 $1,887,515 $1,887,515 $0
2019 $18,723 $1,850,505 $1,850,505 $0
2018 $18,364 $1,814,221 $1,814,221 $0
2017 $18,006 $1,778,649 $1,778,649 $0
2016 $17,697 $1,743,774 $1,743,774 $0
2015 $17,510 $1,717,581 $1,717,581 $0
2014 $17,186 $1,683,936 $1,683,936 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24158272

California Regional Multiple Listing Service (CRMLS)

APN: 672-461-05