$5,988,800

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, retreat, 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 deck 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."