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620 El Salto Drive, Capitola, CA, 95010

14beds
12baths
5,027sqft
$10,800,000
$2,148price/sqft
$62,012/moest. monthly cost
$2,480,480/yrincome needed

About This Home

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 a guest house following 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.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Materials

  • Foundation: Concrete,Raised,Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Victorian
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Gas Range,Built-In Refrigerator,Dishwasher,Free-Standing Gas Oven,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Varies By Unit
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Unit 1 - Beds: 8,Baths: 72,Square Footage: 31096 | Unit 2 - Beds: 6,Baths: 6,Square Footage: 2400 | Unit 3 - Beds: 0,Baths: 0,Square Footage: 7932 | Unit 4 - Beds: 0,Baths: 0,Square Footage: 7932 | Interior Features: Vaulted Ceiling(s)
  • Flooring: Carpet,Tile,Wood

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 5,027
  • Total interior livable area: 5,027 sqft

Property

Details

  • Parcel number: 03614331000
  • Special condition: Offer As Is

Features

  • Patio & porch: Deck,Patio
  • Exterior features: Playground
  • Fencing: Fenced
  • Has view: Yes
  • View description: Bay,Garden/Greenbelt,Ocean,Panoramic,Water
  • Has water view: Yes
  • Water view: Bay,Ocean,Water

Lot

  • Lot size: 1.45 Acres
  • Features: Cul-De-Sac,Garden,Landscape Back,Landscape Front,Private

Parking

  • Total spaces: 18
  • Parking features: Carport,Garage,Guest,Side By Side
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 9
  • Carport: Yes
  • Carport spaces: 1