29251 Highway 1 Carmel, CA ^$ 4,999,999

29251 Highway 1

^$ 4,999,999

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Recently Listed

29251 Highway 1

Carmel, CA, 93923

^$ 4,999,999

Bedrooms-- Baths-- Sq 3,030

Monthly Estimate*

^$ 34,534

Listed by Patrick Stafford, Baird Partnership, Inc., pstafford@mahoneycommercial.com

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29251 Highway 1, Carmel, CA 93923 - Image 9

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Commercial Property for sale in Carmel, CA

for $4,999,999. This 3,030 square foot building was built in 1937 on a lot size of 0.5603.

For sale for the first time in over 40 years and 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 been the backdrop for countless advertisements and has hosted weddings, parties, and 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 hard-scape 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

Commercial Active

Price

^$ 4,999,999

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.5603

Year Built

1937

Town/City

Carmel

County/Region

Monterey

MLS | Web ID

ML82067215

Days on Market

Features

General

Heating Forced Air

Cooling None

Roof Tile

Zoning VSC-D (CZ)

HOA Fee 0

Year Built 1937

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 24408

Tax Annual Amount 0

Trash Expense 0

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 14

Lot Size Area 24408

Building Area Total 3030

Lot Size Acres 0.5603

Lot Size Source Other

* Excluded Features

List By

Patrick Stafford

Listing Agent

Baird Partnership, Inc.

Broker

pstafford@mahoneycommercial.com

Affordability Calculator

$34,534

Per Month

Monthly Principal & Interest: $34,534
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Carmel, CA

Average List Price ^$4,660,000

Percent of Sale Price 7%

About Carmel, CA

12,685 Population

1% Since 2002

^$101,353 Median Income

59.8 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/12/2026	$4,999,999		Listed Price

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29251 Highway 1, Carmel, CA, 93923 is a Commercial Property for sale at $4,999,999 with 3,030 sqft and a lot size of 0.5603. 29251 Highway 1 was built in 1937. The property's zip code is 93923 which is in Carmel, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 11/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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29251 Highway 1

Commercial Property for sale in Carmel, CA

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