NOT LISTED FOR SALE

36700 California 1 Monterey, CA 93940

3 Beds
9 Baths
7,386 Sq Ft
2.5 Acres

Last Sold November 16, 2021

Last sale price $7,925,529 $1,073 Per Sq Ft

279 Days on Market

Highlights

  • Ocean View
  • Secluded Lot
  • Wood Burning Fireplace
  • Carmel River Elementary School Rated A+
  • Forced Air Heating System

About This Home

As of November 2021

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.

Last Agent to Sell the Property

Michele Altman

Sotheby’s International Realty License #01310623 Listed on: 12/02/2020

Sotheby’s International Realty

Co-Listed By

Olivia Decker

Golden Gate Sotheby's Intl License #00712080

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1951

Lot Details

  • 2.5 Acre Lot
  • Secluded Lot

Property Views

  • Ocean
  • Bridge

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,386 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Propane
  • Water Storage
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: Residential / Commercial
  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 7386
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Fireplace: Yes
  • Living Sq Ft: 7386
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Bridge, Ocean

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Parking Area

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Private / Secluded, Views
  • Lot Acres: 2.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 108900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 108900.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $7,925,529 -0.9% $1,073 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $8,000,000 -- $1,083 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81821998

MLSListings