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Sunset Inn (Pacific Grove)

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  • Location: At the tip of the Monterey Peninsula in Pacific Grove, with the ocean a few hundred yards away. Sea otters, seals, lapping waves and the foghorn on Point Joe are heard distinctly throughout the day and night. Set at the intersection of Lighthouse Avenue and Asilomar Blvd, the Inn is just minutes from the quaint downtown district and the Pacific Grove Golf Course.
  • Guest rooms: There are twenty-two rooms, all with tub/shower. Thirteen units have been totally renovated. Two rooms have been partially renovated. The remaining seven need extensive renovation and the plans are approved by the city with a building permit currently issued and in force. Twenty-one units are available for rent currently and one is used for the manager's apartment.
  • Amenities: The thirteen units that have been totally renovated are each distinct. They vary from being large with vaulted ceilings, to cozy with marble clad fireplaces, to elegant suites with a view. These thirteen rooms have built-in closet and dresser areas, built-in TVs, refrigerators, and four have two person Jacuzzis. All these units feature elegant furnishings and window treatments.
  • Extras: A sheltered six person Jacuzzi, vending machines and adequate parking.
  • Description: There are three one storey buildings and two are two-storey. Construction is of frame and wood siding mixed with concrete stucco and plaster. Most of the plumbing and electrical is new as are the roofs on three buildings.
  • Age: The units were built at various times throughout the past sixty years with major remodeling being done in the seventies and again in 2004 and 2005.
  • Land: Approximately two thirds of an acre.
  • Asking Price: $3,850,000
  • Bonus: Existing bank loans assumable and some seller financing available.
Julian Bills: Broker, DRE # 00532752
cell/tel: (831) 212-4526 -  email@julianbills.com
Page last modified: March 30th, 2007

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