$12,500,000
$700K PRICE DROP

Estimated payment $74,037/month

Total Views 681,839
5 Beds
7 Baths
6,100 Sq Ft
$2,049 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Gated with Attendant
  • Moulton Elementary Rated A
  • Wine Cellar
  • Heated In Ground Pool

About This Home

Experience unparalleled luxury in this ocean view home located in prestigious Ritz Cove. Every corner of this residence exudes elegance, with outstanding architectural details and meticulous trim work throughout. From intricately designed ceilings and doorways to beautifully crafted archways and murals, no detail has been overlooked. Step into a grand two-story foyer that sets the tone for the rest of the home. Beyond the foyer, a stunning pool glitters against the backdrop of the ocean, offering incredible views from both floors. Enjoy leisurely strolls to the beach, just a block away.  A water feature winds around the home, greeting you at the front door and continuing in the back yard, which is filled with flowering bushes and fruit trees. The home is equipped with a brand new HVAC system, a fabulous entertainment TV system and features opulent cabinetry, spacious closets, and a paneled wood office. An elevator provides easy access to three levels, from the garage to the first and second floor.  The primary suite boasts breathtaking whitewater views of nearby Monarch Beach. Over half a million dollars has been invested in casework alone, underscoring the quality and craftsmanship of this exceptional property.  Cove lighting provides beautiful ambiance for entertaining, and a walk-in Wine Room with a glass and iron door is just off the family room area which hosts an incredible curved bar. Situated at the end of a quiet, single-loaded cul-de-sac, this luxurious residence offers both privacy and tranquility. Rarely does a home of this construction and detail come to market. Guard-gated Ritz Cove is nestled between the luxurious Ritz Carlton and Waldorf Astoria resort hotels, in a spectacular guard-gated enclave of just 101 homes. Don’t miss the opportunity to own this extraordinary property.

Listing Agent

Suzi Dailey

Realty ONE Group West Brokerage Phone: 949-315-5255 License #01746768 Listed on: 07/01/2024

Realty ONE Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,377

Year Built

  • Built in 2003

Lot Details

  • 9,000 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Planned Development
  • Plaster

Interior Spaces

  • 6,100 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Drapes & Rods
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Storage
  • Sauna
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Kitchen Island
  • Stone Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Circulator
  • Central Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 423
  • Assessor Parcel Number 67247124
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Meeting Room

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,377

Year Built

Built in 2003

Lot Details

0

HOA Fees

$900 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Some Furniture - See Listing Agent for Details
  • Other Phone Number: 949-315-5255
  • Property Attached: No
  • Security: Gated with Attendant, Gated Community, Gated with Guard, Security System
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67247124
  • Year Built: 2003
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6100.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Chair Railings, Coffered Ceiling(s), Crown Molding, Elevator, Furnished, High Ceilings, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Storage, Tray Ceiling(s), Wainscoting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: Ground Level,Main Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2049.18
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Retreat, Sauna, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private
  • Window Features: Drapes
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Separate Tub And Shower, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Patio
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Freezer, Disposal, Gas & Electric Range, Gas Oven, Gas Cooktop, Hot Water Circulator, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Warming Drawer, Water Heater Central, Water Line to Refrigerator
  • Heating Type: Central, Zoned
  • Laundry Features: In Garage, Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room, Pet Rules, Management, Guard, Security, Controlled Access
  • Association Fee: 900.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove HOA
  • Phone: 949.481.0555
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Ritz Cove

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066
  • Latitude Manual: 33.47929900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9000.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 46
  • Tax Tract: Ritz Cove
  • Tax Tract Number: 0423

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $82,377 $8,003,111 $5,387,886 $2,615,225
2024 $82,377 $7,846,188 $5,282,241 $2,563,947
2023 $80,025 $7,692,342 $5,178,668 $2,513,674
2022 $78,681 $7,541,512 $5,077,125 $2,464,387
2021 $76,744 $7,393,640 $4,977,574 $2,416,066
2020 $76,549 $7,317,828 $4,926,535 $2,391,293
2019 $75,287 $7,174,342 $4,829,937 $2,344,405
2018 $73,658 $7,033,669 $4,735,232 $2,298,437
2017 $71,557 $6,895,754 $4,642,384 $2,253,370
2016 $70,174 $6,760,544 $4,551,357 $2,209,187
2015 $68,824 $6,658,995 $4,482,992 $2,176,003
2014 $67,496 $6,528,555 $4,395,176 $2,133,379
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 Price Changed $12,500,000 -5.3% $2,049 / Sq Ft
07/01/2024 07/01/24 For Sale $13,200,000 -- $2,164 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- California Title Company
Grant Deed $6,200,000 California Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed -- Orange Coast Title Company
Grant Deed $1,000,000 Orange Coast Title
Grant Deed $1,000,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $1,125,000 Construction
Previous Owner $500,000 No Value Available
Closed $500,000 No Value Available
Closed $1,200,000 No Value Available
Source: Public Records

About the Listing Agent

Suzi Dailey

Realty ONE Group West

(949) 656-4645

Section Image

Suzi Dailey is the founder of Dailey by the Sea, a premiere luxury coastal properties realty group. Providing the utmost in real estate service, Suzi specializes in the California coastline from Laguna Beach, Monarch Beach, and San Clemente to Newport Coast and Newport Beach. Drawing upon her experience as owner of a phenomenally successful interior design firm servicing Fortune 500 companies and high-profile clientele, she later expanded into residential construction and development. With a

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    Discover Oceanfront living on an unforgettable Lot. With views of the majestic Five Star Ritz Carlton on your left, waves crashing along the wide stretch of beach, and the ocean directly in front of you, this may be the most spectacular lot in Ritz Cove. How many times are you able to be oceanfront, AND see the lights of a world famous resort to your left, which makes for incredible, twinkling

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24119985

California Regional Multiple Listing Service (CRMLS)

APN: 672-471-24