NOT LISTED FOR SALE

81 Ritz Cove Dr Dana Point, CA 92629

Estimated Value: $6,883,000 - $8,484,526

4 Beds
8 Baths
6,452 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $6,000,000 $930 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $48,707/month

1 Day on Market

Highlights

  • Ocean View
  • Beach Access
  • Gated with Attendant
  • Moulton Elementary Rated A
  • Wine Cellar
  • In Ground Spa

About This Home

As of July 2023

Situated in the lovely guard-gated community of Ritz Cove, nestled between the Ritz Carlton and the Waldorf Astoria Monarch Beach Resort, lies this magnificent custom home. A large stone entertaining deck provides a lovely ocean view and Catalina sunsets. The Primary Bedroom gazes through trees at the Waldorf Astoria golf course. Enormous bronze doors greet you as you enter the foyer which boasts a gorgeous, curving staircase. The living room has stunning wood floors, and French doors lead out to a loggia beyond. There are Four ensuite bedrooms and 8 baths, with 3 additional rooms that can be used as offices or additional family spaces. One ensuite bedroom is downstairs along with an office and a beautiful paneled family room. The living room is elegant and spacious, and looks out over the back loggia and outdoor fireplace and into the Dining room. The enormous family room with exquisite mahogany paneling and curved bar provides a stunning setting for entertaining. The grand dining room is perfectly situated and includes a glass-fronted, temperature-controlled wine room. The designer kitchen and breakfast nook lie just off the family room. Upstairs, a second family room, powder room and full wet bar/kitchenette provides a perfect retreat for guests or family to have their own space. A second and third optional office and/or exercise room lie upstairs in addition to the 4 bedrooms. The Primary Suite is huge with a stunning fireplace and desk nook, a lavishly elegant master bath and two walk in His-and-Hers primary closets. The other bedrooms lie in separate wings, allowing maximum privacy. This community has a private gate to the Salt Creek Beach beach path, and you can walk to both the Ritz Carlton and the Waldorf Astoria Resorts on the path, without touching a road. The golf course Monarch Beach Golf Links lies just two houses away from this home. You are in an ideal location if you love beach walks, strolling to a resort for a beverage or a meal, and enjoying the parks surrounding Ritz Cove.

Last Agent to Sell the Property

Suzi Dailey

Realty ONE Group West License #01746768 Listed on: 06/12/2023

Realty ONE Group West

Last Buyer's Agent

Jesus Morales

First Team Real Estate License #01757163

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,583

Year Built

  • Built in 1990

Lot Details

  • 9,000 Sq Ft Lot
  • Private Yard

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 6,452 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Gym
  • Ocean Views
  • Laundry Room

Kitchen

  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 13103
  • Assessor Parcel Number 67247102

Community Details

Overview

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

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,583

Year Built

Built in 1990

Lot Details

0

HOA Fees

$780 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Gated with Guard
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67247102
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6452.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, High Ceilings
  • Stories: 2
  • Entry Location: .
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 929.94
  • Room Type: Exercise Room, Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Master Suite, Separate Family Room, Wine Cellar
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Ocean
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Controlled Access
  • Association Fee: 780.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove HOA
  • Phone: 949.481.0555
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Ritz Cove HOA

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

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

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 13103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jun 21, 2023
Sold by
Gwl Capital Chase Llc
Bought by
Sunset Beach Properties Llc
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Jesus Morales
First Team Real Estate
List Price
$6,700,000
Sold Price
$6,000,000
Premium/Discount to List
-$700,000
-10.45%
Views
50
Current Estimated Value
$7,733,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,733,632
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Jul 31, 2015
Sold by
Gwl Capital Chase Limited Partnership
Bought by
Gwl Capital Chase Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,530,443
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2007
Sold by
Khaziri Hossain E and Khaziri Christine V
Bought by
Gwl Capital Chase Lp

Purchase Details

Closed on
Jul 27, 2007
Sold by
Thompson Anthony W
Bought by
Khaziri Hossain E and Khaziri Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Thompson Sharon D
Bought by
Thompson Sharon D and Sharon D Thompson Qualified Residence Tr

Purchase Details

Closed on
Feb 25, 2002
Sold by
Vanvandinh Toan Van and Dinh Huong Thanh
Bought by
Thompson Anthony W and Thompson Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
6.12%

Purchase Details

Closed on
Jul 11, 1997
Sold by
Koski Thomas John and Koski Grace
Bought by
Vandinh Toan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunset Beach Properties Llc $6,000,000 Corinthian Title
Gwl Capital Chase Llc -- Chicago Title Company
Gwl Capital Chase Limited Partnership -- Chicago Title Company
Gwl Capital Chase Lp $4,150,000 Chicago Title Company
Khaziri Hossain E $3,800,000 Fidelity National Title
Thompson Sharon D -- --
Thompson Anthony W -- --
Thompson Anthony W -- --
Thompson Anthony W $1,880,000 Orange Coast Title
Vandinh Toan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gwl Capital Chase Llc $4,350,000
Previous Owner Gwl Capital Chase Llc $4,300,000
Previous Owner Gwl Capital Chase Llc $9,500,000
Previous Owner Gwl Capital Chase Llc $2,530,443
Previous Owner Gwl Capital Chase Limited Partnership $1,000,000
Previous Owner Khaziri Hossain E $2,660,000
Previous Owner Thompson Anthony W $1,419,711
Previous Owner Thompson Anthony W $1,410,000
Closed Gwl Capital Chase Lp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $6,000,000 -10.4% $930 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $6,700,000 -- $1,038 / Sq Ft
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
2024 $62,583 $6,000,000 $4,235,519 $1,764,481
2023 $54,635 $5,239,435 $3,129,938 $2,109,497
2022 $54,802 $5,136,701 $3,068,566 $2,068,135
2021 $53,937 $5,035,982 $3,008,398 $2,027,584
2020 $53,002 $4,984,345 $2,977,551 $2,006,794
2019 $51,095 $4,886,613 $2,919,167 $1,967,446
2018 $50,589 $4,790,798 $2,861,929 $1,928,869
2017 $49,627 $4,696,861 $2,805,812 $1,891,049
2016 $43,324 $4,107,695 $2,381,516 $1,726,179
2015 $42,208 $4,045,994 $2,345,743 $1,700,251
2014 $41,783 $4,000,000 $2,299,749 $1,700,251
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23088973

California Regional Multiple Listing Service (CRMLS)

APN: 672-471-02