NOT LISTED FOR SALE

Estimated Value: $5,980,000 - $13,570,432

5 Beds
5 Baths
5,502 Sq Ft
$1,636/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2023

Last sale price $14,500,000 $2,635 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $61,501 / mo

60 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • In Ground Spa
  • Moulton Elementary Rated A
  • Gated with Attendant
  • 2-minute walk to Salt Creek Beach Bluff Park

About This Home

As of September 2023

Welcome to this exquisite oceanfront residence situated in the guard-gated community of Ritz Cove, one of the most sought-after coastal communities in Orange County where unrivaled luxury and exclusivity converge. Nestled between the iconic Ritz Carlton luxury hotel and the Monarch Beach Golf Course, this one-of-a-kind beachfront property offers breathtaking year-round views of sunsets over the break at Salt Creek Beach and Catalina Island from nearly every room in the home.

Upon entering, you are enveloped by the welcoming, bright and airy floor plan and feel instantly at peace in your own private oasis. Five bedrooms and five bathrooms are spread across two levels, and a bonus room provides the flexibility to create a home office, media room, or gym. Each room is generously apportioned and flows seamlessly into the next, while bespoke finishes blend architectural elements with contemporary design, resulting in a truly captivating aesthetic. The large curved glass window in the kitchen invites the ocean inside, while the attached living room space creates an entertaining paradise that opens up onto the private patio with spa, setting the perfect stage for outdoor gatherings and sophisticated entertaining.

The master suite is a true sanctuary, featuring an expansive bedroom and private balcony with sweeping views of the Pacific Ocean and the Ritz Carlton, which shimmers in the evening sky. The master bath boasts a lavish soaking tub for two, a separate shower, and exquisite dual vanities, all under a skylight that bathes the room in a glowing light, creating a spa-like ambiance that elevates daily rituals to moments of bliss. The suite extends into an extensive private master closet space apportioned with all the necessary amenities, including a 3-way mirror and attached locking closet.

Additionally, a private stairway with a private gated entrance grants direct access to the pristine beach and countless walking trails directly from the backyard. This breathtaking beachfront property presents an unparalleled opportunity for a personal haven of relaxation and entertaining while offering the most captivating ocean and white-water views.

Last Agent to Sell the Property

Katin Reinhardt

Coldwell Banker Realty License #02135077 Listed on: 05/27/2023

Coldwell Banker Realty

Co-Listed By

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254

Last Buyer's Agent

Suzi Dailey

Realty ONE Group West License #01746768

Realty ONE Group West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 9,660 Sq Ft Lot
  • Ocean Front
  • Cul-De-Sac
  • Back Yard

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,502 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Spa
  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 12674
  • Assessor Parcel Number 67245109

Community Details

Overview

  • Ritz Cove HOA, Phone Number (949) 481-0555
  • Ritz Cove Management HOA
  • Ritz Cove Subdivision

Recreation

  • Golf Course Community
  • Park

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

9,660 Sq Ft Lot

HOA Fees

$775 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67245109
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5502.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Electric, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2635.41
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Spa Features: Private, In Ground

Exterior Features

  • View: Catalina, Coastline, Ocean, Park/Greenbelt
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Security
  • Association Fee: 775.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove HOA
  • Phone: 949-481-0555
  • Senior Community: No
  • Community Features: Curbs, Golf, Park, Sidewalks
  • Association Management: Ritz Cove Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 9660.00
  • Lot Size Acres: 0.2218

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9660.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 42
  • Tax Tract Number: 12674

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
Bought by
Current Estimated Value
$9,000,477

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 31, 2023
Sold by
Bought by
Seller's Agent
Katin Reinhardt
Coldwell Banker Realty
Buyer's Agent
Suzi Dailey
Realty ONE Group West
List Price
$15,900,000
Sold Price
$14,500,000
Premium/Discount to List
-$1,400,000
-8.81%
Views
420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.82%
Original Mortgage
$8,500,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2013
Closed on
Feb 10, 2014
Sold by
Bought by
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Suzi Dailey
Realty ONE Group West
List Price
$12,500,000
Sold Price
$9,400,000
Premium/Discount to List
-$3,100,000
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 11, 2013
Closed on
Feb 4, 2014
Sold by
Bought by
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Suzi Dailey
Realty ONE Group West
List Price
$12,500,000
Sold Price
$9,400,000
Premium/Discount to List
-$3,100,000
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 11, 2013
Closed on
Jan 31, 2014
Sold by
Bought by
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Suzi Dailey
Realty ONE Group West
List Price
$12,500,000
Sold Price
$9,400,000
Premium/Discount to List
-$3,100,000
-24.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$14,500,000 Chicago Title
$9,400,000 California Title Company
-- California Title Company
-- California Title Company
-- California Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$6,300,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $8,500,000
Previous Owner $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $14,500,000 -8.8% $2,635 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $15,900,000 +69.1% $2,890 / Sq Ft
02/18/2014 02/18/14 Sold $9,400,000 -14.5% $1,808 / Sq Ft View Prior Sale
10/30/2013 10/30/13 Price Changed $11,000,000 -12.0% $2,115 / Sq Ft
03/11/2013 03/11/13 For Sale $12,500,000 -- $2,404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $148,748 $14,790,000 $13,864,109 $925,891
2024 $148,748 $14,500,000 $13,592,263 $907,737
2023 $114,360 $11,075,658 $10,189,246 $886,412
2022 $111,733 $10,858,489 $9,989,457 $869,032
2021 $109,597 $10,645,578 $9,793,585 $851,993
2020 $108,212 $10,536,421 $9,693,164 $843,257
2019 $106,174 $10,329,825 $9,503,102 $826,723
2018 $104,088 $10,127,280 $9,316,767 $810,513
2017 $102,160 $9,928,706 $9,134,085 $794,621
2016 $100,102 $9,734,026 $8,954,985 $779,041
2015 $98,586 $9,587,812 $8,820,472 $767,340
2014 $66,685 $6,442,042 $5,786,876 $655,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23093066

California Regional Multiple Listing Service (CRMLS)

APN: 672-451-09

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