The likes of Marilyn Monroe, Gene Kelly, and Elizabeth Taylor once graced this Hollywood hideaway. Decades later, it remains a place to enjoy ultimate luxury.

The owners of Shutters on the Beach and Casa del Mar, popular hotels in Santa Monica, California, are exploring a capital raise to develop branded residences on adjacent land.

Whether you’re craving a zen retreat in a Ryokan-inspired suite or a cozy getaway in a beachside cottage in Monterey, these ...