ActiveResidential · sale

75 Ritz Cove Dr.

Dana Point, CA 92629

$15,750,000

  • 5 beds
  • 7 baths
  • 6,250 sq ft
  • 0.21 acres
  • Built 2023

Listed by Plus Real Estate · MLS #OC26144958

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2023.

Garage parking

2 garage spaces listed.

Property size

0.21 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

With captivating contemporary architecture striking interior design and panoramic ocean CatalinaIsland and coastline views this magnificently modern custom home is without compare Located just stepsfrom the sand in Dana Points exclusive guardgated Ritz Cove collection the luxurious residence takes fulladvantage of its beachclose setting by offering seamless indooroutdoor living that blends walls ofautomated glass pocket doors with an openconcept floorplan Natural stone and wood details embellish anexterior that stands apart from adjacent homes while complementing the neighborhoods prestigiousaesthetic Approximately 6250 square feet the generous twolevel design reveals a formal entry with viewsthrough the backyard a custom elevator to the rooftop deck and an atriumstyle doubleheight foyer witha dramatic staircase and seamless access to a fireplacewarmed lounge and seating area with sideyardfountain Disappearing walls of glass open the rear of the home to the backyard and welcome light into afamily room with fireplace large dining room a stunning wine wall with backlit onyx and an open chefskitchen that rivals those found in architectural magazines An island with dualwaterfall edges isjoined by custom wood cabinetry in two distinct finishes polished stone countertops and toptier stainlesssteel appliances including a sixburner Wolf range with griddle and two ovens Convenience is enhanced bya hidden prep kitchen with cooktop second refrigerator and abundant storage Four ensuite bedrooms withwalkin closets and five and onehalf baths ensure comfort and privacy for residents and guests while amainlevel office opens to a sunny front patio and could become a fifth bedroom Everyone will enjoy asecondfloor gym and massage room each featuring a soothing interior waterfall For movie night the gymeasily becomes a home theater complete with a stateoftheart Denon AV receiver and surround soundEscape to an oceanview paradise in the primary suite which showcases a covered fullwidth balconysitting area with fireplace and custom closets Gold fixtures shine in the primary bath harmonizing with afreestanding tub two floating vanities and an oversized shower with custom builtin bodyconforminglounger Solar power wholehouse indooroutdoor Sonos audio and a twocar garage with two EV outletsare included and the backyard boasts a resortstyle pool spa and builtin BBQ

THE NEIGHBORHOOD

Explore the location.

75 Ritz Cove Dr., Dana Point, CA 92629

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2023
Full baths
5
Half baths
2
Garage spaces
2
Cooling
CentralAir
Heating
ForcedAir
Appliances
Dishwasher,Freezer,Disposal,Refrigerator,TanklessWaterHeater
Flooring
Wood
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Pool
Yes
Pool features
InGround,Private
Spa
Yes
Subdivision
Ritz Cove (RC)
Parcel
67247118
HOA
Ritz Cove HOA
HOA amenities
ControlledAccess,MaintenanceGrounds,Security
HOA fee frequency
Monthly
HOA fee
$990.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$65,625.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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75 Ritz Cove Dr., Dana Point, CA 92629 · MLS #OC26144958

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More in Dana Point.

Listing information

MLS #OC26144958 · California Regional MLS

Listing brokerage: Plus Real Estate
Listing agent: Arlen Raubach

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.