$7,750,000
For Sale

51 Ritz Cove Drive

Dana Point, CA 92629
0.25 acres | #OC24210608
Listing OfficeHarcourts Prime Properties
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Truly an outstanding opportunity for a residential building site in the coveted "24-hr Guard Gated Community of Ritz Cove". This approximate 11,000sqft building site has incredible ocean views, is located on a "single loaded cul-de-sac" and is walking distance to the Pacific Ocean with a private access gated system. There is no Mello-Roos associated with the Ritz Cove Development. This residential site is located within walking distance to beaches, the Ritz Carlton Resort and the world renowned surfing breaks of Salt Creek Beach! It is also contiguous to a second residential building site of approximately 16,000sqft that can also be purchased. There is currently a "tear down" residence located on the building sites which will be removed upon the sale of the building site. The Ritz Cove development is home to custom built residences of various styles and is one of the most revered "ocean front communities" in South Orange County. This enclave contains 101 residential properties. THIS IS ONE OF THE VERY FEW BUILDING SITES REMAINING!
Minutes away from the Dana Point Harbor and its Lantern District. Walking distance to both the Waldorf Astoria and the Ritz Carlton Resorts and equally close to catching the Dana Point and Laguna Beach trollies! There are no special assessments nor Mello-Roos in this community. Please see agent remarks for financing options.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Lot DescriptionBackYard, CornerLot, CulDeSac, FrontYard, Landscaped, Level, TearDown, ValueInLand, Yard
      • ViewCatalina, Coastline, Ocean
      • Sewer InformationPublicSewer, SewerTapPaid
      • SubdivisionRitz Cove (RC)
      • Original List Price$7,750,000
      • MLS #OC24210608
      • MLS #OC24210608
      • Property TypePurchase
      • Cost7750000
      • Acres0.2525
      • Utility SourcePublic
      • CountyOrange
      • Hoa Fees1640
      • Property SubtypeLand

Location

Justin MillerReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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