36700 Highway 1, Carmel, CA 93923 - ML81821998 - iPro Real Estate

36700 Highway 1
Carmel, CA 93923

Active, Single-Family Sale

For Sale

$8,000,000 $1,083.13 per sqft

Free Professional CMA

Listing ID : ML81821998

  • Beds

    3
  • Baths

    6/3
  • Structure / Lot Size

    7,386 Sqft / 2.5000 Acre
  • Year

    1951

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.

Details

Type: Single-Family Sale 
Subdivision: Big Sur Coast 
County: Monterey 
Tax ID: 243-262-004-000
School District: Carmel Unified
Building Type: Detached 
Building Size: 7,386 SqFt 
Days on Market: 135 
Cooling: None 
Foundation: Concrete Perimeter and Slab 
Heating: Forced Air 
Horse Property: No
Property Type: Residential Sale 
Roof: Composition 
Sewer: Septic Tank / Pump 
Sub Type: Single Family Home 
Utilities: Propane On Site, Public Utilities 
View: Bridge , Ocean 
Water: Storage Tank, Well 

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Interactive

36.402763 -121.909126 $8,000,000 ML81821998
36700 Highway 1, Carmel, CA 93923
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Area Information 93923

Population:

14,911 Up .02% since 2010
Average Income:
$136,861
Average Age:
58Years
Gender:
45.38%Male
54.62%Female
Households:
7,40215.45% with children
Average Value:
$1,422,240
Occupancy:
66.72%Owned
33.28%Rented
24.22%Vacant
Education:
9.82%High School
6.4%Associate
32.34%Bachelor
24.68%Graduate
Average Residency:
22Years
Crime Rate:
Average
Annual Rainfall:
37.3Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

Nearby Schools Carmel Unified

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Mortgage Calculator

Listed by Michele Altman with Sotheby's Int'l Realty-Rancho

Based on information from the MLSListings MLS) as of 4/16/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 4/16/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes