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.
Off market
$9,389,700
36700 Highway 1, Monterey, CA 93940
3beds
7,386sqft
SingleFamily
Built in 1951
2.5 Acres Lot
$9,389,700 Zestimate®
$1,271/sqft
$5,913 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 9
- Full bathrooms: 6
- 1/2 bathrooms: 3
Heating
- Forced air
Cooling
- None
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 7,386 sqft
Property
Lot
- Size: 2.50 Acres
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- Year built: 1951
Utilities & green energy
- Utilities for property: Propane On Site, Public Utilities
Community & neighborhood
Location
- Region: Monterey
Other
Other facts
- Family Room: No Family Room
- Building Type: Detached
- Listing Class: Residential
- Foundation: Concrete Perimeter and Slab
- Dining Room: Dining "L"
- Lot Size Area Maximum Units: Square Feet
- Water: Storage Tank, Well
- Lot Size Area Minimum Units: Square Feet
- Roof: Composition
- Fireplaces: Wood Burning
- Heating: Forced Air
- Listing Type: Exclusive Right to Sell
- View: Ocean, Bridge
- Utilities: Propane On Site, Public Utilities
- Structure SqFt Source: Other
- Lot Description: Views, Private / Secluded
- Garage Parking Features: Parking Area, Gate / Door Opener
- HOA Exist Y/N: 0
- Additional Listing Info: Not Applicable
- Sewer Septic: Septic Tank / Pump
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$9,389,700
2% more+ $188K
With Zillow Showcase(estimated)
$9,577,494