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.
Included: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Varies By Unit
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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