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29251 Highway 1 Carmel, CA $ 6,000,000
29251 Highway 1
$ 6,000,000
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29251 Highway 1

Carmel, CA, 93923
$ 6,000,000
Bedrooms-- Baths-- Sq 3,030

Monthly Estimate*

$ 37,432

Listed by Baird Partnership, Inc.
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Commercial Property for sale in Carmel, CA

for $6,000,000. This 3,030 square foot building was built in 1937 on a lot size of 0.4878.

For sale for the first time in over 40 years. Once operated by the Carmel Highlands Inn Hotel, this iconic offering includes the well-established fuel and general store business, as well as the meticulously maintained garden/parking area and gallery building. The property has has been the backdrop for countless advertisements and has hosted weddings, parties, car clubs. Most famously this property was the inspiration and venue for the original Casa Ferrari events in 2015 and 2016. With over 250 feet of frontage on Highway 1 in the heart of the Carmel Highlands, the property benefits from the approximately 40,000 vehicles per day that drive by. The buildings on the property, the stamped concrete hardscape areas, and the garden grounds reflect the meticulous care and stewardship, making the property as visually inviting as it is functional. This rare offering presents an exceptional opportunity to own a piece of Californias coastal heritage in one of the most picturesque locations in the world.

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Commercial Active

Price

$ 6,000,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.4878

Year Built

1937

Town/City

Carmel

County/Region

Monterey

MLS | Web ID

ML82015650

Days on Market

144

Features
General
Heating Forced Air
Cooling None
Roof Clay
Zoning VSC-D (CZ)
HOA Fee 0
Year Built 1937
Business Type Convenience Store Gift Shop Retail
County Monterey
Property Type Commercial Sale
MaintenanceExpense 0
Status Active
City Carmel
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 21250
Tax Annual Amount 0
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Total Baths 0
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Exterior
Water Source Public
Total Parking 14
Lot Size Area 21250
Building Area Total 3030
Lot Size Acres 0.4878
Lot Size Source Assessor
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* Excluded Features
List By
Baird Partnership, Inc.

Broker

pstafford@mahoneycommercial.com

Email

Affordability Calculator

$37,432
Per Month
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Monthly Principal & Interest
$37,432
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$6,000,000 Listed Price

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29251 Highway 1, Carmel, CA, 93923 is a Commercial Property for sale at $6,000,000 with 3,030 sqft and a lot size of 0.4878. 29251 Highway 1 was built in 1937. The property's zip code is 93923 which is in Carmel, CA