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37305 Highway 1 Monterey, CA, 93940
$5,500,000 Home for sale 1 bed 1 bath 1,221 sqft
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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Property details
1,221 sqft interior area
Property type
Home
Interior area
1,221 sqft
View
Mountain(s)
Land area
676,922 sqft (15.54 acres)
Price per sqft
$4,504/sqft
Days on Verhouse
41
Address
37305 Highway 1, Monterey, CA, 93940
City of California
Monterey
County
Monterey
nr.of parking places
2
Style
Other
Year Built
1938
District
Listing
Open Houses
No upcoming open houses
Interior Features
2 parking places, Hardwood, Tile floors
Beds
1
Baths
1
Floors
Hardwood, Tile
Parking
2
# of fireplaces
1
Fireplaces
Living Room, Wood Stove Insert
Heathing & Cooling
None, Wall Furnace
Kitchen features
Counter - Tile
Other rooms
Utility Room, Tile Counters
Amenities
Satellite Dish
Basement
Crawl Space
Listed by
Malone Hodges, Carmel Realty Company
Name
Malone Hodges
License number
01471087
Brokerage company
Carmel Realty Company
MLS #
ML81958955
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Calculate your monthly payments
Mortgage
$16,887
Taxes
$0
HOA dues
$0
Mortgage
$1,100,000 / 20%
2.28%
30 years
Your amount
$16,887 / month
Exterior Features
Shingle roof
Roof
Shingle
Lot details
TMK #243262007000
Lot Description
Horses Possible
Parcel nr.
243262007000
93940 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93940
34%
Families with children
National average: 39%
38%
Non family households
46,612
Population
$120,507
Average Income
Age & gender
Median age 54 years
More info
Commute types
79% commute by car
More info
Education level
30% have bachelor education
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Number of employees
6% work in education and healthcare
More info
Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for
Housing type
71% are single detacheds
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Rooms
29% of the houses have 4 or 5 rooms
More info
Bedrooms
59% have 2 or 3 bedrooms
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Owners vs Renters
69% are owners
More info
4.67 / 20
Least Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Mar 26, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 26, 2024 | New Listing | $5,500,000 | 4504.5 | MLS #ML81958955 |
Taxes of 37305 Highway 1, Monterey, CA, 93940
WSC/ zoning / MLS #ML81958955
Zoning
WSC/
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Frequently Asked Questions about 37305 Highway 1
What is 37305 Highway 1?
37305 Highway 1, Monterey, CA, 93940 is a single family home located in the city of Monterey, California with zipcode 93940. This single family home has 1 bedroom & 1 bathroom with an interior area of 1,221 sqft.
Which year was this home built?
This home was build in 1938.
What is the full address of this Home?
37305 Highway 1, Monterey, CA, 93940.
What is the neighborhood like?
The 93940 zip area has a population of 46,612, and 34% of the families have children. The median age is 54.17 years and 79% commute by car. The most popular housing type is "single detached" and 69% is owner.
Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 03, 2024
Verhouse Last checked 5 minutes ago
The 93940 zip area has a population of 46,612, and 34% of the families have children. The median age is 54.17 years and 79% commute by car. The most popular housing type is "single detached" and 69% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
