36700 Highway 1
MONTEREY, CA 93940
- 3 beds
- 7.5 baths
- 7,386 sqft
- ~3 acre lot
- $1,073 per sqft
- 1951 build
- – on site
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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.
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Last updated Apr 21, 2024
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MLS# 81821998 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/17/12
Dec 17, 2012
|
BRIDGE | $4,750,000 |