Jabberwock Inn Bed &
For Sale
Contact for pricing
598 Laine St, Monterey, CA 93940
Historic Craftsman-style lodging property with eight guest rooms, landscaped grounds, and Monterey Bay views.
Property Size4,502 SF
Price / SF$777.43
Days on Market180
Property Features for 598 Laine St
General Information
Standard status
Active
Size
4,502 SF
Property subtype
Hospitality
Net Operating Income
$304,644
Building Details
Year Built
1911
Buildings
1
Listing Agency:
Lodging Brokers Network
Listed By:
Kathryn Proctor California Certified Hotel Broker (CHB) · License #CA DRE 01926922
Source:
Crexi
Added: Mar 9
Changed: Sep 2
Last Checked: Sep 1 at 12:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lodging Brokers Network
Investment Insights
Based on property information with market context.
The Jabberwock Inn is a 4,502-square-foot Craftsman-style lodging property built in 1911 on nearly half an acre. The inn includes eight guestrooms and one additional unused unit that may serve as owner or manager quarters, or potentially become another guestroom subject to water credits and city approval. Guest amenities include breakfast service, evening hors d'oeuvres on the sun porch, gardens, a bocce ball court, and views across Monterey Bay.
The property is permitted as a hotel, with no onsite owner or staff member requirement. It sits five blocks above Monterey Bay and near Cannery Row, the Monterey Bay Aquarium, restaurants, and beaches. The offering reflects an 8.7% cap rate based on 2025 adjusted net operating income.
The property is permitted as a hotel, with no onsite owner or staff member requirement. It sits five blocks above Monterey Bay and near Cannery Row, the Monterey Bay Aquarium, restaurants, and beaches. The offering reflects an 8.7% cap rate based on 2025 adjusted net operating income.
Key Highlights
- Eight guestrooms plus one currently unused unit
- 4,502‑square‑foot Craftsman‑style property built in 1911
- Situated on nearly half an acre of gardens
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93940, CA
30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value
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Similar Off Market Nearby
- Jabberwock Inn — 598 Laine St, Monterey, CA 93940
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- Green Gables Inn, A Four Sisters Inn — 301 Ocean View Blvd, Pacific Grove, CA 93950
- Nautilus — 131 6th St, Pacific Grove, CA 93950
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Historic Craftsman-style lodging property with eight guest rooms, landscaped grounds, and Monterey Bay views.
Where is this bed & breakfast located?
The property is located at 598 Laine St Monterey, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Eight guestrooms plus one currently unused unit; 4,502‑square‑foot Craftsman‑style property built in 1911; Situated on nearly half an acre of gardens
