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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."
Listing agent: Melissa Echeverria DRE #01469390 MissyEcheverria@aol.com, Listing office: Keller Williams Beverly Hills
MLS data updated 10/27/2026, 3:19:11 AM PT
Source: CRMLS, MLS #: 26995867
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 1, 2026
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This home · nearest recorded event
$5,998,800Original asking price · Oct 1, 2026ZIP 95010 · Oct 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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