Irongate, the Los Angeles-based developer of The Ritz-Carlton Residences, Waikiki Beach, recently announced the debut of The Diamond Head Club, located at the top of The Ritz-Carlton Residences, Waikiki Beach. Introducing a new approach to penthouse ownership to the market, The Diamond Head Club offers the chance for only 84 families to own a fee simple interest in the most exclusive real estate in Waikiki for a fraction of the cost of whole ownership.

“In the past few years, we have noticed an increasing demand for a simpler form of luxury ownership.  With six penthouses atop The Ritz-Carlton Residences, we found the right opportunity to bring an exclusive private residence club to the Waikiki market,” said Jason Grosfeld, Chairman and CEO of Irongate. “Time is the value currency for our homeowners and the shared ownership structure aligns perfectly with this principle.  A truly special real estate offering, The Diamond Head Club is a truly special one-of-its-kind real estate offering.”

Through a shared ownership structure, The Diamond Head Club makes it possible to own and enjoy the best real estate in Waikiki in the most intelligent way possible.  With two different ownership options to choose from, The Diamond Head Club features the luxury to choose when and how a homeowner wants to spend time in Waikiki, based on their families’ vacation priorities. No matter the ownership program selected, homeowners will have fee simple interest in a penthouse residence at The Ritz-Carlton Residences, Waikiki Beach.

The Diamond Head Club is located on the 37th, 38th and 39th floors of the Diamond Head Tower at The Ritz-Carlton Residences.  The exclusive private residence club will include six penthouse residences ranging from 2,100 to 4,100 square feet of indoor living and each with its own private rooftop cabana that opens onto a 5,400 square-foot lanai with unprecedented views of Diamond Head and the Pacific Ocean.

Homeowners in The Diamond Head Club will enjoy the ultimate privileges of ownership.  No more than six families at a time will have exclusive access to the private rooftop lanai complete with pool, Jacuzzi, BBQ grills, gardens, lawns and 270-degree views of Waikiki Beach and the Pacific Ocean.  Ownership in The Diamond Head Club also comes with a dedicated club concierge team that will anticipate every personal preference before, during and after each homeowner’s visit.  

The Diamond Head Club homeowners will also have access to the resort amenities of The Ritz-Carlton Residences, Waikiki Beach – family and adult pools, fitness center and movement studio, theatre, restaurants and grocery market, and of course to the legendary services of the Ladies and Gentlemen of The Ritz-Carlton.