$7,925,529
$8,000,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
9 Baths
7,386 SqFt
SOLD DATE : 11/16/2021
Key Details
Sold Price $7,925,529
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 7,386 sqft
Price per Sqft $1,073
MLS Listing ID ML81821998
Sold Date 11/16/21
Bedrooms 3
Full Baths 6
Half Baths 3
HOA Y/N No
Year Built 1951
Lot Size 2.500 Acres
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.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Residential / Commercial
Interior
Heating Forced Air
Cooling None
Fireplaces Type Wood Burning
Fireplace Yes
Exterior
Garage Gated
View Y/N Yes
View Bridge(s), Ocean
Roof Type Composition
Attached Garage No
Building
Lot Description Secluded
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Carmel Unified
Others
Tax ID 243262004000
Financing Cash
Special Listing Condition Standard
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Bought with Tim Allen • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "