0
3 Beds
9 Baths
2.50 Acres
7,386 ft2

36700 Highway 1 Outside Area (Inside Ca), CA

$8,000,000

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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.

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Property Information

  • Address: 36700 Highway 1, Outside Area (Inside Ca), CA 93923. 
  • Bedrooms:
  • Bathrooms:
  • Price: $8,000,000 
  • Acres: 2.50 
  • Sq. Ft.: 7,386 
  • MLS #: ML81821998 
  • Year Built: 1951 
  • Listing Courtesy of: Sotheby's Int'l Realty-Rancho 
  • City: Outside Area (Inside Ca) 
  • Postal Code: 93923 
  • County: Monterey 
  • Property Square Footage: 108900.00 

Neighborhood Information

  • School: Other 

Amenities

  • Fireplace: Yes 
  • Fireplace Location: Wood Burning 
  • Cooling: None 
  • Heating: Yes 
  • Heat Source: Forced Air 
  • Garage Spaces: 0.00 

Other

  • 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. 
  • List Date: December 2, 2020 
  • Status: Active 

Other

  • Listing Agent State License: 01310623 
  • Listing Office State License: 00899496 

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Based on information from California Regional Multiple Listing Service, Inc. as of June 25th, 2021 at 06:53:14AM UTC. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.