Permit

36700 Hwy 1, Monterey, CA 93940

Agenda ReadyMonterey, CA
4/ 5
High impact
Bedrock impact score
Action type
Permit
Asset class
Multi-asset · site-wide
Status
Agenda Ready
Filed
2026-08-12
Jurisdiction
Monterey, CA
Days on record
17 days
01Investment highlights

Why this deal matters

  • Permit in Monterey, CA
  • Bedrock impact score 4 of 5 — High impact
  • This is a high-constraint coastal entitlement stack
  • Eight separate CDPs required on a bluff/viewshed/ESHA/archaeological site
  • Making it a strong benchmark for what coastal redevelopment of legacy restaurant/hospitality assets along Hwy 1 actually takes to permit, and any competing or adjacent site-selector needs to track LUAC feedback closely for community tolerance signals.
  • On the municipal record 17 days (filed 2026-08-12)
02Deal summary

The rationale

This is a high-constraint coastal entitlement stack — eight separate CDPs required on a bluff/viewshed/ESHA/archaeological site — making it a strong benchmark for what coastal redevelopment of legacy restaurant/hospitality assets along Hwy 1 actually takes to permit, and any competing or adjacent site-selector needs to track LUAC feedback closely for community tolerance signals.

Combined Coastal Development Permit and Design Approval sought to demolish the existing Rocky Point Restaurant and construct a replacement 120-seat restaurant, two employee housing units, a public restroom, 55-stall parking lot, public access trails, signage, replacement OWTS, and landscaping on a coastal bluff site in the Big Sur Coast Land Use Plan/Coastal Zone; seven additional Coastal Development Permits required for sensitive habitat, archaeological resources, coastal bluff proximity, slope development, parking reduction, offsite employee parking, and Critical Viewshed impacts.

03Deal facts

The filing record

Jurisdiction
Monterey, CA
Action type
Permit
Asset class
Multi-asset · site-wide
File number
#HCD 26-060
Parcel · APN
243-262-004-000
Applicant
Esperanza Carmel Commercial LLC
Status
Agenda Ready
Filed
2026-08-12
Days on record
17 days
04Location

Where this sits

Satellite view of the parcel — pan, zoom, and switch layers.Esri World Imagery
36700 Hwy 1, Monterey, CA 93940
36.58524, -121.88420
Street view

At street level

Street view of 36700 Hwy 1, Monterey, CA 93940
Google Street View · nearest outdoor imagery
Area demographics

Monterey County

432,977
Population
$76,943
Median HH income
128,003
Households
$1,460
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
12 Schools
20 Dining
2 Grocery
5 Banks
16 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-12
    17 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
  3. Current status
    Agenda Ready
    Live municipal record
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