37305 Highway 1, Monterey

$5,500,000

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1 Bed
1 Bath
1,221 Sqft
15.54 Acres
2 Garages

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.

Essential Information

MLS® #
ML81958955
Price
$5,500,000
Bedrooms
1
Bathrooms
1.00
Full Baths
1
Square Footage
1,221
Acres
15.54
Year Built
1938
Type
Residential
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
37305 Highway 1
Area
699 - Not Defined
City
Monterey
County
Monterey
Zip Code
93940
Senior Community
N

Amenities

Parking Spaces
3
# of Garages
2
View
Mountain(s), Ocean

Interior

Interior
Tile, Wood
Interior Features
Utility Room
Appliances
Refrigerator
Heating
Fireplace(s), Wall Furnace
Cooling
None
Fireplace
Yes

Fireplaces

Living Room, Insert, Wood Burning Stove

Exterior

Exterior
Stucco
Lot Description
Horse Property
Roof
Composition
Construction
Stucco

School Information

District
Carmel Unified

Additional Information

Date Listed
March 26th, 2024
Days on Market
53
Zoning
WSC/40-D(CZ)

Listing Details

Agent
Malone Hodges
Office
Carmel Realty Company

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 5:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.