36700 Highway 1, Carmel, CA 93923

$8,000,000
3
BD
9
BA
7,386
SqFt
List Price
$8,000,000
MLS#
ML81821998
Bedrooms
3
Bathrooms
9
Sqft. of Residence
7,386
Lot Size
108,900
Listing Area
Big Sur Coast
Year Built
1951

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 and is currently zoned for both residential & 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.

Additional Information

View
Bridge, Ocean View
Foundation
Concrete Perimeter and Slab
Family Room
No Family Room
Water
Storage Tank, Well
Sewer
Septic Tank / Pump

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Sotheby's Int'l Realty-Rancho, Michele Altman.

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