36700 Highway 1

Carmel, CA 93923

$7,925,529
Last Sold Price
3
Beds
6
Baths
3
1/2 Baths
7,386 Sq. Ft.
$1,073 / Sq. Ft.
7,386
Sq. Ft.
$1,073
per Sq. Ft.

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...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.
  1. Listed by Michele Altman • DRE #01310623 • Brokerage DRE #00899496 • Sotheby's Int'l Realty-Rancho • 831-214-2545
  2. Listed by Olivia Decker • DRE #00712080 • Brokerage DRE #02027353 • Golden Gate Sotheby's Intl

Property Details for 36700 Highway 1

MLS City Name
MONTEREY
Building Type
Detached
Garage Spaces
0
View
Bridge, Ocean
Cross Street
Highway 1

Location

Listing Courtesy of Sotheby's Int'l Realty-Rancho, Michele Altman, DRE #01310623; Golden Gate Sotheby's Intl, Olivia Decker, DRE #00712080

Sold By Coldwell Banker Realty, Tim Allen, DRE #00891159

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LISTING UPDATED: 11/16/2021 04:45 PM

Property Details for 36700 Highway 1

StatusSold
MLS #ML81821998
Days on Compass279
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family Homes / Detached
Year Built1951
Lot Size2.50 AC / 108,900 SF
CountyMonterey County

Location

Listing Courtesy of Sotheby's Int'l Realty-Rancho, Michele Altman, DRE #01310623; Golden Gate Sotheby's Intl, Olivia Decker, DRE #00712080

Sold By Coldwell Banker Realty, Tim Allen, DRE #00891159

Add your commute

Building Information for 36700 Highway 1

Stories-Year Built1951Building Size-Lot Size2.50 AC / 108,900 SF

Payment Calculator

$49,587 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,253

Property Taxes

$6,334

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 36700 Highway 1

Features
Room Information
  • Dining Room: Dining "L"
  • Family Room: No Family Room
  • Number of Full Bathrooms: 6
  • Number of Half Bathrooms: 3
Features
  • Fireplace: Yes
  • Fireplaces: Wood Burning
  • Living SqFt: 7386
  • Pool: No
Utilities
  • Cooling: None
  • Heating: Forced Air
  • Sewer Septic: Septic Tank / Pump
  • Utilities: Propane On Site, Public Utilities
  • Water: Storage Tank, Well
Garage
  • Garage and Parking: Gate / Door Opener, Parking Area
  • Garage Max: 0
  • Garage Min: 0
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Big Sur Coast
  • Roof: Composition
  • Subclass: Single Family Home
  • Year Built Source: Assessor
  • Street Number: 36700
  • Street Name: Highway 1
  • Area ID: 157
Lot / Property Details
Building Information
  • Structure SqFt: 7386
  • Structure SqFt Source: Other
  • Age: 69
Development Information
  • Zoning Detail: Residential / Commercial
Location Information
  • Parcel Number: 243-262-004-
  • County Name: Monterey
  • City Name: MONTEREY
  • City Postal ID: 38
  • Postal Code: 93940
  • Elementary School District: 432
  • High School District Text: Carmel Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: 2.50
  • Lot Description: Private / Secluded, Views
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor

Property History for 36700 Highway 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 36700 Highway 1

Taxable ValueLand$5,500,000Additions$1,712,505Total$7,212,505
Tax Record2023$76,005 ($6,334 / month)
Home Facts
Baths5Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories1Lot Size108,900 SqFtStyleRestaurantYear Built1951CountyMONTEREYAPN243-262-004-000Fireplace TypeHas Fireplace

Schools near 36700 Highway 1

This home is within Carmel Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Carmel River Elementary School
PublicK to 5

Carmel Middle School
Public6 to 8

Carmel High School
Public9 to 12

Carmel Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's Int'l Realty-Rancho, Michele Altman, DRE #01310623; Golden Gate Sotheby's Intl, Olivia Decker, DRE #00712080

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.