A newly listed home for sale has hit the Dana Point/Monarch Beach market with a bang – it’s now the second-priciest home listed for sale in the coastal area at $16.5 million.

This grand estate in Ritz Cove offers ocean views – of course – and an elegant floor plan.

CLICK THROUGH the photo slide show to tour this Mediterranean listing.

Contact the writer: khart@ocregister.com or 949-454-7391