The Monarch Cove – A Seaside Sanctuary in Capitola Where Memories Are Made, and Legacies Begin Imagine waking up to the sound of waves crashing against the cliffs, morning light streaming through century-old windows, and your family gathered in the garden where monarch butterflies dance each fall. The Monarch Cove is more than a property—it’s a once-in-a-generation opportunity to create a legacy estate where life’s most cherished moments unfold against the backdrop of the Monterey Bay. Tucked away above the shoreline in the charming coastal village of Capitola, this historic compound invites you to slow down and breathe in the ocean air. Here you can experience the beauty of multigenerational living in a setting that feels timeless, magical, and rare. Originally built in 1895 as a private family retreat, the estate remains a soulful, storybook setting—one that has welcomed poets, painters, and dreamers for over a century. Now, it awaits its next chapter: yours. Property Overview: Three Unique Parcels, One Legacy Estate The Monarch Cove encompasses three distinct parcels, each with its own character and possibilities, now offered together as one extraordinary estate. The Victorian Estate (Main Residence) This grand 9-room Victorian home spans approximately 4,000 sq. ft. on a 23,653 sq. ft. blufftop parcel. With panoramic ocean views and historic Victorian charm, it could serve as the heart of your private compound – a graceful main residence that anchors the entire property. Its timeless architecture and expansive veranda make it equally suited to continue as a boutique inn or transform into an exclusive coastal retreat for your family. Carriage House Cottage (Guest Quarters) Set on a 20,430 sq. ft. lot, this 800 sq. ft. 2 bedroom Carriage House Cottage can be expanded to roughly 2,500 sq. ft., offering the perfect canvas for a second home, guest house, or creative studio. As part of the estate, it could become an idyllic guest cottage or caretaker’s residence, blending quaint charm with the opportunity for modern luxury. Envision a cozy haven for visiting family and friends, or a private retreat for art, writing, or relaxation – all just steps from the main house and gardens. Holiday House Parcel (Expansion & Amenities) The Holiday House Parcel, spanning 17,903 sq. ft., provides the estate with ample space and infrastructure. It includes two four-car garages (ideal for car collectors or accommodating guests), a 400 sq. ft. cottage, and an office building with two large conference rooms, a kitchen, and a laundry/utility room. This parcel even features a future secondary access from Escalona Drive, adding convenience and future flexibility. With its generous size and existing facilities, the Holiday House Parcel offers tremendous potential for expansion – imagine adding a pool, tennis court, or additional residences. Notably, it presents the possibility of developing up to three additional home sites within your compound (should you desire to maximize its potential), making this parcel an investment in both present comfort and future opportunity. Offered as a complete collection at $13,900,000, these three parcels unite to form a one-of-a-kind coastal estate that is truly greater than the sum of its parts. The Monarch Cove’s cohesive presence — from the stately Victorian manor to the charming cottage and expansive auxiliary parcel — creates an unparalleled canvas for whatever you envision, all within one breathtaking seaside compound. A Place to Call Home. A Place to Make History. For those seeking a timeless retreat to share with family and friends — or the opportunity to shape an extraordinary legacy — The Monarch Cove is that rare offering where the past and future meet in perfect harmony. It is more than just an estate; it’s a living story, ready for its next author. Qualified buyers are invited to experience the magic of The Monarch Cove in person. For inquiries and to arrange a private showing, please contact us to schedule your exclusive tour of this once-in-a-generation coastal legacy estate.