36700 Highway 1 Monterey, CA
$ 8,000,000
Property Attributes
  • ID#ML81821998
  • TypeContingent
  • CountyMONTEREY
  • CityMonterey
  • AreaBig Sur Coast
  • Zip93940
  • Style
  • Price$ 8,000,000
  • Bedrooms3
  • Full Bathrooms6
  • Half Bathrooms3
  • Sqr Footage7386
  • Lot Size2.5 Acres
Listing Provided Courtesy Of:
Michele Altman with Sotheby's Int'l Realty-Rancho.
Data Source:
MLSListings - 40 - CA
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.

Price History
12/2/2020 Listed $8,000,000

General Features

Age 69
Building Type Detached
Co-Listing Agent Last Name Olivia
Co-Listing Agent Last Name Decker
Co-Listing Agent State License # 00712080
Cooling None
County Monterey
Fireplaces Wood Burning
Heating Forced Air
Listing Agent State License 01310623
MLS Area Big Sur Coast
Property SubType Single Family Home
Property Type Residential
Roof Composition
Special Listing Conditions Not Applicable
Status Contingent
Utilities Propane On Site, Public Utilities
View Bridge, Ocean
Water Storage Tank, Well
Year Built 1951
Zoning Text Residential / Commercial

Interior Features

Dining Room Dining L
Family Room No Family Room
Fireplace Y/N Yes
Full Baths 6
Half Baths 3
Living Sqft 7386
Total Bedrooms 3

Exterior Features

Building Area Total 7386
Foundation Details Concrete Perimeter and Slab
Horse Property No
Lot Acres 2.5000
Lot Description Private / Secluded, Views
Lot Size Area 108900.00
Lot Size Units Square Feet
Maximum Lot Size 108900.00
Parking Features Gate / Door Opener, Parking Area
Sewer/Septic Septic Tank / Pump


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 93940

AVG $1.53M
AVG 30
Year Built
AVG 1963
AVG 50
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover