620 El Salto Dr - Hospitality FOR SALE


Capitola, CA 95010
$7,000,000 USD
408-930-8425
620 El Salto Dr, Capitola, CA for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/47
null | Request Cap Rate

620 El Salto Dr
Capitola, CA 95010


OVERVIEW

Originally built in 1895 as a private family retreat, The Monarch Cove remains a soulful, storybook setting— one that has welcomed poets, painters, and dreamers for over a century. Tucked away above the shoreline in the charming coastal village of Capitola, this historic compound invites you to slow down, breathe in the ocean air, and experience the beauty of multigenerational living in a setting that feels timeless, magical, and rare. 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 year round. 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. Now, it awaits its next chapter: yours. The Victorian House with a full ocean view spans approximately 4,000 sq. ft. with 11 bedrooms and 9 bathrooms on a 23,653 sq. ft. ocean front lot, ideal for a luxury private estate surrounded by lush gardens and jaw dropping ocean views. A large deck overlooking the Monterey Bay is perfect for a wedding , birthday celebration or family reunion.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$1,750 USD /SF

# OF ROOMS

11

PRICE/ROOM

$636,364 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Monarch Cove Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,758 SF

ZONING

VS

APN/PARCEL ID

036-143-31-000

ASK ABOUT THIS PROPERTY

Jennifer CosgroveIntero Real Estate Services, Inc.More Info
408-930-8425

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Jennifer CosgroveIntero Real Estate Services, Inc.More Info
408-930-8425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.