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620 El Salto DriveCapitola, CA 95010

For Sale

$13,900,000

Smart Buyer Rebate $139,000

Imagine waking to the sound of waves, light filtering through century-old windows, and loved ones gathering where monarch butterflies return each fall. The Monarch Cove is more than a propertyits a once-in-a-generation opportunity to create a legacy estate overlooking Monterey Bay.

Tucked above the bluff in the coastal village of Capitola, this historic compound offers three distinct parcels sold together as one breathtaking estate.

The Victorian Estate: A 4,000 sq. ft. 9-room Victorian home on a 23,653 sq. ft. lot with panoramic ocean views and timeless architecture. Ideal as a grand main residence, boutique inn, or exclusive retreat.

Carriage House Cottage: An 800 sq. ft., 2-bedroom guest house on a 20,430 sq. ft. lot with expansion potential up to approx. 2,500 sq. ft.

Holiday House Parcel: 17,903 sq. ft. with two 4-car garages, a 400 sq. ft. cottage, office with conference room, kitchen, utility room, and potential future access from Escalona Dr. Could support up to 3 more residences (buyer to verify).

Whether you envision a private family haven, a luxury inn, or further development, The Monarch Cove is a rare offering full of soul, history, and potential.

Listed by Jennifer Cosgrove

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License #01334273

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Intero Real Estate Services

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408-930-8425

Last updated September 07, 2025

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Source: MLSListings #ML82003244

Listing Facts

  • TypeSingle-family
  • NeighborhoodCapitola
  • Bedrooms14
  • Days on Prevu111
  • Size7,932 sqft
  • Price per sqft$1,752

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

05/22/2025
Listed by Intero Real Estate Services
$13,900,000

Property Details for 620 El Salto Drive

Exterior

Construction

  • Roof: Composition
  • Stories: 2
  • Year Built: 1890
  • Year Built Details: 6
  • Architectural Style: Victorian

Features

  • Other Structures: Garage, Shed(s)
  • View: Bay, Garden/Greenbelt, Ocean, Water

Measurements

  • Building Area Total: 7,932
  • Lot Features: Grade - Level
  • Lot Size Acres: 1.44
  • Lot Size Area: 62,986
  • Lot Size Source: Other
  • Lot Size Square Feet: 62,986
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 036-143-31-000

Interior

Features

  • Appliances: Oven Range - Gas
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Skylight(s), Vaulted Ceiling

Measurements

  • Living Area: 7,932

Rooms

  • Bathrooms Full: 12
  • Bedrooms Total: 14

Parking

Parking

  • Garage Spaces: 8
  • Garage: Yes
  • Parking Features: Detached, Lighted Parking Area
  • Parking Total: 12

Schools

Elementary School

  • Elementary School: Main Street Elementary_1
  • Elementary School District: Soquel Union Elementary

High School

  • High School: Soquel High
  • High School District: Santa Cruz City High

Middle or Junior School

  • Middle Or Junior School: New Brighton Middle

Utilities

Equipment

  • Heating: Wall Furnace
  • Laundry Features: In Utility Room
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.