Historic Monterey Hotel Listed for Sale at $15.9 Million

October 25, 2025 - 01:01

The iconic Monterey Hotel, a cherished landmark in downtown Monterey, has officially hit the market with an asking price of $15.9 million. This boutique hotel, which boasts a rich history spanning over 121 years, has been a staple of the community and a favorite among visitors seeking a unique experience in this coastal city.

The hotel features a blend of classic architecture and modern amenities, offering a range of accommodations that cater to various guests. Its prime location places it within walking distance of popular attractions, including the scenic waterfront, renowned restaurants, and cultural sites, making it an attractive investment opportunity for potential buyers.

With its storied past and potential for future growth, the Monterey Hotel represents a unique chance to own a piece of local history. As the real estate market continues to evolve, this property stands out as a rare gem, appealing to investors and hospitality enthusiasts alike.