620 El Salto Drive, Capitola, CA, 95010
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
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Cruz County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $54,610 | $655,320 |
| Home Insurance * | $925 | $11,100 |
| Property Taxes | $5,400 | $64,800 |
| Electricity | $1,077 | $12,935 |
| Total | $62,012 | $744,144 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-10 | Price change | $10,800,000 |
| 2025-11-07 | Listed for sale | $13,880,000 |
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