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.
Property Details
Price:
$13,900,000
MLS #:
ML82003244
Status:
Active
Beds:
14
Baths:
12
Type:
Single Family
Neighborhood:
699notdefined
Listed Date:
May 22, 2025
Finished Sq Ft:
7,932
Lot Size:
62,986 sqft / 1.45 acres (approx)
Year Built:
1890
See this Listing
Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
Soquel
Interior
Bathrooms
12 Full Bathrooms
Cooling
None
Flooring
Carpet, Tile, Wood
Heating
Wall Furnace
Exterior
Architectural Style
Victorian
Parking Spots
12.00
Roof
Composition
Financial
Map
Community
- Address620 El Salto Drive Capitola CA
- Neighborhood699 – Not Defined
- CityCapitola
- CountySanta Cruz
- Zip Code95010
Subdivisions in Capitola
Market Summary
Current real estate data for Single Family in Capitola as of Oct 22, 2025
20
Single Family Listed
629
Avg DOM
1,205
Avg $ / SqFt
$2,401,400
Avg List Price
Property Summary
- 620 El Salto Drive Capitola CA is a Single Family for sale in Capitola, CA, 95010. It is listed for $13,900,000 and features 14 beds, 12 baths, and has approximately 7,932 square feet of living space, and was originally constructed in 1890. The current price per square foot is $1,752. The average price per square foot for Single Family listings in Capitola is $1,205. The average listing price for Single Family in Capitola is $2,401,400.
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620 El Salto Drive
Capitola, CA