You’ll recognize this historic hotel overlooking Monterey Bay, listed at $17.25 million
You can’t miss the beautiful, yellow, historic three-story Victorian mansion in Pacific Grove with views of the ocean and coastal mountains.
One of the most recognizable seaside hotels in California, the Seven Gables Inn has hit the market for $17.25 million in a rare offering, according to The Agency real estate firm.
The 25-bedroom hotel spans 15,100 square feet on nearly a half-acre of land along Ocean View Boulevard. The “seven” in Seven Gables refers to the seven different structures that comprise the inn.
Every room has a view of the ocean, and there’s a dining room that seats up to 40 people.
“The entire coastline of Pacific Grove on the ocean side of Ocean View Boulevard is zoned open space and will never be developed, preserving ocean views from the property,” the listing reads.
Mauricio Umansky, chief executive officer of The Agency, and Cicily Sterling of the firm’s Carmel office are the listing agents.
“A landmark property of this size and in this location is a one of a kind opportunity,” Sterling said. “The collection of four oceanfront properties, seven architecturally significant structures, all with breathtaking views of the Monterey Bay is virtually unheard of.”
There’s vast potential for the iconic property, she said.
“As for how the property will be used going forward, there has been a strong interest in both the residential potential and also maintaining and operating the inn. There is also the option of doing both, it truly is a very unique offering,” Sterling said.
The property’s multi-use zoning allows it to be operated as an inn, a place of residence, or a combination of the two, according to the listing agency, giving an owner the flexibility to decide how to utilize the land.
The mansion was originally built in 1886 on the promontory at the edge of the Monterey Peninsula. At the end of the 19th century, the original owner sold the property to Lucie Chase, a prominent civic leader and philanthropist. The family turned the mansion into rental apartments.
Seventy years later, the Chases sold it to the Flatley family, who filled it with extensive antique furniture and fine art and turned it into a bed and breakfast, according to media reports.
Seven Gables Inn neighbors the 1910 home once owned by the first female mayor of Pacific Grove, Julia Platt, a neurobiologist credited with planting the flowering vegetation up and down the coastline.
Seven Gables Inn has been owned and managed by Susan Flatley Wheelwright and her brother Ed Flatley for 38 years, according to the Monterey Herald. In 1972, the Herald reported, the Flatleys purchased the property, and it remained a family home until 1982, when it became a bed and breakfast inn.
Now, it’s time for the Flatleys to sell.
“The sale is just a matter of two people who have cared for this amazing property for 35 years and they are ready to retire,” Sterling said.
This story was originally published May 22, 2020 at 8:50 AM.
