18 Ritz Cove
About This Property
Beneath the home, a spotless subterranean 6-Car Gallery lined with polished Italian Terrazzo flooring sets the stage for a striking reveal: a glass wall peering directly into the depths of the pool, leading to a private media lounge, wine storage, and glass-walled gym, steam and sauna. Built with uncompromising integrity, the estate rests on approx. 75 subterranean caissons deep into bedrock, with all-concrete structural elements fully waterproofed and subflooring on every level layered in concrete-an extraordinary foundation for both longevity and quiet luxury.
Spanning three levels serviced by elevator, the floor plan includes an entry-level dual-primary suite and expansive living spaces that frame commanding views of sand, surf, whitewater and endless horizons. Walls of glass invite in the ocean's ever-changing drama, with Dana Point's Headlands anchoring the north and south vistas of this prized riviera.
The terraced backyard delivers private, immediate access to Salt Creek Beach, while Ritz Cove's gates open to a lifestyle unmatched-centered between two world-class resorts. Walk to the Monarch Beach Resort & Golf Links, the Ritz-Carlton, or the exclusive Monarch Bay Beach Club, with fine dining, boutique shopping, and the soon-to-be-reimagined Dana Point Harbor all just moments away.
A rare fusion of bold design, structural resilience, and timeless architectural vision, this residence stands as one of the greatest oceanfront offerings to grace the Southern California coast in years-simply irreplaceable by today's standards.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Price Decreased |
$21,000,000
↓ $2M
(6.9%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Compass | $22,550,000 | |
| Listed by Compass | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017