37305 Highway 1 Monterey, CA $ 5,500,000
37305 Highway 1
$ 5,500,000
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37305 Highway 1

Monterey, CA, 93940
$ 5,500,000
Bedrooms1 Baths1.0 Sq 1,221

Monthly Estimate*

$ 36,555

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Single Family Home for sale in Monterey, CA

for $5,500,000 with 1 bedroom and 1 full bath. This 1,221 square foot home was built in 1938 on a lot size of 15.54.

Just past Palo Colorado Road on Highway 1, sits over 15 acres of iconic Big Sur coastline, pastureland and the old Palo Colorado Canyon schoolhouse. Land seeped in history and the subject of countless illustrations. On the south property line, you will find Notleys Landing, an old port used to transport tanbark and liquor during the prohibition. In the 30s, the coastal pasture land became the center of Big Sur cattle ranching and still feeds cattle on it a century later. The schoolhouse was built in 1938 but closed 30 years later, serving 21 students. While the building has been transformed into a quaint one bedroom, one and half bathroom rental, the 1,221 square foot schoolhouse maintains its rustic charm with open beamed ceilings, a free standing fireplace and a line of windows that take in the stunning views. Big Sur has its way of filling both heart and soul and this is a once in a life time opportunity to own a piece of California history.

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Single Family Active

Price

$ 5,500,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

15.54

Year Built

1938

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML81958955

Features
General
Interior Features Utility Room Tile Counters
Heating Wall Furnace
Cooling None
Roof Composition Shingles
Zoning WSC/
Garage Spaces 2
Architectural Style Other
Year Built 1938
View Mountain(s)
Property SubType Detached
County Monterey
Property Type Residential
HOA / Comm Assn Y
Garage Y/N Yes
Status Active
City Monterey
High School District Carmel Unified
MLS Area Listing
Lot Size Square Feet 676922
Street Name Highway 1
Standard Status Active
Elementary School District Carmel Unified
Virtual Tour http://www.NotleysLanding.com
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Interior
Flooring Hardwood Tile
Total Fireplaces 1
Fireplace Features Living Room Wood Stove Insert
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 1
Total Bedrooms 1
Kitchen Features Counter - Tile
Total Baths 1
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Exterior
Lot Features Horses Possible
Lot Size Area 15.54
Lot Size Acres 15.54
Other Equipment Satellite Dish
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* Excluded Features
List By
Malone Hodges

Listing Agent

Carmel Realty Company

Broker

malone@malonehodges.com

Email

Affordability Calculator

$36,555
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,555
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4060316 Elementary School
4060315 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$5,500,000 Listed Price

Map


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37305 Highway 1, Monterey, CA, 93940 is a Single Family Home for sale at $5,500,000 with 1,221 sqft and a lot size of 15.54. 37305 Highway 1 has 1 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 93940 which is in Monterey, CA