620 El Salto Dr, Capitola, CA 95010

$10,800,000
14
BD
12
BA
7,932
SqFt

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List Price
$10,800,000
MLS#
326024314
Property Type
Residential
Levels
Two
Bedrooms
14
Bathrooms
12
Sqft. of Residence
7,932
Lot Size
62,988
Listing Area
Capitola
Year Built
1890

Property Description

Perched on the coastal bluff of the historic Depot Hill sets the Monarch Cove Inn where one may enjoy the vibrant city of Capitola. This lovely estate overlooks Monterey Bay w/panoramic ocean views & a feeling of sound therapy from ocean waves splashing against our coastline. Although an active B&B this is an opportunity to create a multi-family investment, wellness center, spa, VRBO, residential compound or other creative destination spots. This beautiful property is surrounded by multiple floral & sculpture gardens offering peaceful meditation while meandering through the lush trails adjacent to one of Californias rare Monarch Butterfly habitats. Zoning of the 3 parcels has use for residential or Vs. Amongst the multiple structures is the main Victorian house approx 4,000 sqft. Close by is the carriage house and cottage. There is garage space for 8 cars, w/multiple on-site visitor parking. The Holiday House has a utility rm, office, kitchen and meeting space. The 3 parcels combined have apprx 1.5 acres of ocean front land. The collective structures have a total of 14 bedrooms & 12 baths and is gated for privacy. Let your imagination run wild with possibilities and create your' most magical place on earth.

Additional Information

Acres
1.45
Exterior Features
Uncovered Courtyard
Foundation
Concrete, Raised, Slab
Levels
Two
Living Area
7,932
Lot Size
62,988
Neighborhood
Capitola
Roof
Composition
Sewer
Public Sewer
Stories
2
Style
Victorian
View
Bay, Garden, Ocean, Water

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Calculator source: Real Geeks

Listing courtesy of Missy Echeverria from Keller Williams Beverly Hills.