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    36700 Highway 1

    Monterey, CA 93940
    • $8,000,000
    • STATUS: Active Under Contract
    • ON SITE: 318 Days
    • ID#: ML81821998
    Under Contract
    UPDATED: 37 min ago
    $8,000,000
    • 3
      BEDS
    • 2.5
      ACRES
    • 6
      BATHS
    • 3
      1/2 BATHS
    • 7,386
      SQFT
    • $1,083
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Rocky Point is a magnificent, singular gem along the world-famous Monterey Peninsula coastline and is truly a world-class ocean front property. Located 10 miles south of Carmel along the scenic and beautiful Highway 1, Rocky Point Restaurant and its three apartments sit on 2.5 acres of coastal land at the edge of the Pacific Ocean which is currently zoned for commercial. The existing restaurant, the special liquor license, and all fixtures and equipment are included in the price. This could become your signature restaurant, club and lounge with retail shopping for the savvy business investor. Special Events & Corporate Retreats will be dazzled by the location. There are many opportunities and use choices with the mixed zoning, subject to the approval of Coastal Commission and County of Monterey. The property is a perfect place to enjoy breathtaking views as you sit on the spacious open deck or inside by the cozy fireplace while the ocean waves lap the shore below.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-10-17T10:48:52.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

    Licensed in the State of California.
    www.bayareahomesearch.com/homes/112340690
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    36700 Highway 1 Monterey, CA 93940

    • Price: $8,000,000
    • Status: Active Under Contract
    • Updated: 37 min ago
    • ID#: ML81821998
    3
    Beds
    6
    Baths
    3
    ½ Baths
    2.5
    Acres
    7,386
    SQFT
    $1,083
    $/SQFT
    1951
    Built
    Neighborhood:
    Big Sur Coast
    County:
    Monterey
    Area:
    Big Sur Coast
    Property Description
    Rocky Point is a magnificent, singular gem along the world-famous Monterey Peninsula coastline and is truly a world-class ocean front property. Located 10 miles south of Carmel along the scenic and beautiful Highway 1, Rocky Point Restaurant and its three apartments sit on 2.5 acres of coastal land at the edge of the Pacific Ocean which is currently zoned for commercial. The existing restaurant, the special liquor license, and all fixtures and equipment are included in the price. This could become your signature restaurant, club and lounge with retail shopping for the savvy business investor. Special Events & Corporate Retreats will be dazzled by the location. There are many opportunities and use choices with the mixed zoning, subject to the approval of Coastal Commission and County of Monterey. The property is a perfect place to enjoy breathtaking views as you sit on the spacious open deck or inside by the cozy fireplace while the ocean waves lap the shore below.
    Exterior Features

    Building Type Detached Foundation Concrete Perimeter And Slab Garage Max Spaces 0 Garage Min Spaces 0 Garage Parking Gate / Door OpenerParking Area Garage Spaces 0 Lot Description Private / SecludedViews Roof Composition View BridgeOcean

    Interior Features

    Cooling None Dining Room Dining "L" Family Room No Family Room Fireplace Yn 1 Fireplaces Wood Burning Heating Forced Air Structure Sq Ft 7386

    Property Features

    Additional Listing Info Not Applicable City Name Monterey Cross Street Highway 1 Hoa YN No Horse Property YN No Lot Size Area Maximum 108900.00 Property Sub Type Single Family Home Sewer Septic Septic Tank / Pump Sq Ft Source Other Utilities Propane On SitePublic Utilities Water Storage TankWell Zoning Residential / Commercial

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Michele Altman of Sotheby's Int'l Realty-Rancho.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-10-17T10:48:52.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

    Licensed in the State of California.
     
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