15.5 Acres of Land with Home for Sale in Monterey, California

37305 Highway 1, Monterey, CA 93940

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$5,500,000
15.54 acres
Active sale agoEst $33,350/mo

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.

1,221
Sq feet
1
Bed
1
Full bath
1938
Built

Property details

Coordinates
36.3969, -121.9041
Community
Big Sur Coast
Zoning
WSC/40-D(CZ)
Elevation
98 feet
MLS Number
MLSL ML81958955
Date Listed

Resources

This 15.54-acre property is located at 37305 Highway 1 in Monterey, CA 93940 with latitude 36.3969 and longitude -121.9041. The property is currently available for sale for $5,500,000. It has a 1,221 sq ft 1 bedroom, 1 bath house built in 1938. Listing data is sourced from MLS Listings # ML81958955.

Verify sale details at the property source or contact Carmel Realty Company at (831) 622-1000.

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Listing checked and updated . Parcel data by Regrid.

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