ActiveResidential · sale

26 RITZ COVE

Dana Point, CA 92629

$21,500,000

  • 5 beds
  • 9 baths
  • 8,300 sq ft
  • 0.67 acres
  • Built 2002

Listed by Realty ONE Group West · MLS #LG26086520

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The lower level family room can easily serve as a large Media/Cinema Room/Movie Theatre!

Details worth a look

The lush garden, with roses, peaches, lemons, limes, boysenberries, Fuji apples, palms, and grapes, offers a rare oasis by the sea.

Year built

Built in 2002.

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

THE PROPERTY

Get to know the property.

Two thirds of an acre on the FRONT ROW OCEANFRONT – ONE OF A KIND IN RITZ COVE! Welcome to an elegant oceanfront estate in Ritz Cove, the only beachfront community between the Ritz Carlton and the Waldorf Astoria Monarch Beach Five-Star Resorts. Positioned on the largest lot in the enclave, this home enjoys an extraordinary 110 feet of ocean and Catalina facing frontage and the privacy of a double-lot width. There is no neighbor on one side, just garden, grass and a sitting area...so the feeling of privacy is immense. With approximately 8,300 square feet, 5 bedrooms, and 9 baths, this residence was designed for rare coastal living. The subterranean garage accommodates up to six cars, a true luxury along the coast, and a rarity for an oceanfront home.  An elevator serves all three levels—a distinction, as homes in many areas of OC are restricted to only two stop elevator service. Additionally, one of the bedroom suites has its own private exterior entrance, which is ideal for a guest apartment, ADU, or quarters for a nanny, chef, live-in family member or caregiver. The ceilings in this separate room are over 11’ high. The lower level family room can easily serve as a large Media/Cinema Room/Movie Theatre! A private cul-de-sac setting and a 90-foot setback from the street creates serenity and exclusivity. The lush garden, with roses, peaches, lemons, limes, boysenberries, Fuji apples, palms, and grapes, offers a rare oasis by the sea. Step through your private beach gate and onto the world-renowned Salt Creek Beach path, steps from white sand, dolphins, surfers, and nightly sunsets over Catalina. Inside, the home reflects a timeless, soft Tuscan style with hand troweled soft plaster walls and stone finishes. The main level hosts generous living and family rooms, a dining room, a library/office with two-story ceiling, kitchen, and several baths, including a surfer’s bath with a separate entrance and shower. Upstairs, four ensuite bedrooms include the primary suite with dual His-and-Hers separate bathrooms and showers. This is a huge perk!!! The lower level offers an additional bedroom and bath, game and entertainment rooms, laundry, and direct garage access. Sheltered slightly back from the Ritz Carlton bluff, the property benefits from natural wind protection. This rare estate embodies the best of privacy, elegance, and beachfront living in Ritz Cove. PLEASE NOTE: SOME AI RENDERINGS HAVE BEEN ADDED TO SHOW POTENTIAL OPTIONS AND POSSIBILITIES.

THE NEIGHBORHOOD

Explore the location.

26 RITZ COVE, Dana Point, CA 92629

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2002
Full baths
6
Half baths
2
Garage spaces
6
Cooling
CentralAir
Heating
HeatPump
Appliances
SixBurnerStove,DoubleOven,Dishwasher,ElectricRange,GasCooktop,GasOven,GasRange,GasWaterHeater,Microwave,Refrigerator,RangeHood,SelfCleaningOven,TrashCompactor,TanklessWaterHeater,WarmingDrawer,WaterPurifier
Flooring
Stone
Utilities
SewerAvailable
Accessibility
AccessibleElevatorInstalled
Pool
No
Pool features
None
Spa
No
Subdivision
Ritz Cove (RC)
Parcel
67245113
HOA
Ritz Cove
HOA amenities
ControlledAccess,Guard,Security
HOA fee frequency
Monthly
HOA fee
$1,175.00

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$89,583.33
Cap rate

Annual operating income:

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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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26 RITZ COVE, Dana Point, CA 92629 · MLS #LG26086520

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Listing information

MLS #LG26086520 · California Regional MLS

Listing brokerage: Realty ONE Group West
Listing agent: Suzi Dailey

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.