About This Home
This 11-bedroom, 9-bathroom residential multi family at 620 El Salto Dr in Capitola, CA is listed for $5,998,800 ($1,500 per sqft). Built in 1890, the home offers 4,000 sqft of living space on a 0.54 acres lot.
Key Features
- Built in 1890
- 0.54 acre lot
- 2 stories
- 10 parking spaces
- Fireplace
- Waterfront
Property Details
Amenities
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 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 parcel reflects Vs. This Victorian home is apprx 4,000 sqft of coastal pleasure with a total of 11 bedrooms & 9 baths with an incredible oversized decl for entertaining. Let your imagination run wild with possibilities and create your' most magical place on earth."This property was previously offered as a compound with a total of 3 parcels. The property is currently being sold as 1 parcel that includes over a half acre w/a stunning Victorian house and branded, Monarch Cove Inn Bed & Breakfast name."
Monthly Cost Estimate
$32,083/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
620 El Salto Dr
Capitola, CA 95010
Features & Amenities
Interior Features
Property Details
Flooring
Views
Outdoor Features
Parking
Heating
Appliances
Questions & Answers
This 11-bedroom, 9-bathroom residential multi family at 620 El Salto Dr is listed at $5,998,800 ($1,500/sqft). The estimated monthly payment is $32,083 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1890, 0.54 acre lot, 2 stories, 10 parking spaces, Fireplace, Waterfront. Interior Features: Crown Moldings, Storage Space.
This property is listed by Melissa Echeverria and can be reached at 4157167340.