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$495,000   Price Analysis
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38250 Palo Colorado Rd
Carmel, CA 93923
Unknown bed 0 bath unknown SqFt ($0/SqFt)
5.1 acre lot.
Listed 2024-05-20, Taxes $4,560
Ⓧ USDA Ineligible
due to property

near Carmel Highlands

Absolutely charming property filled with soaring old-growth redwoods

Lush greenery and two year-round creeks. This gorgeous and magical 5.1 acre parcel is easy to reach and is 14 miles south of Carmel and 3 miles from Scenic Hwy 1 on Palo Colorado Canyon. There is approximately 1000 feet of Rocky Creek river frontage along the south border of the parcel and the smaller Brandon Creek runs right through the middle of the property. There are several flat, usable areas, including a fantastic location to build your mountain dream home!

Previous owners had received an approved combined development permit to build a 3200 square foot house, but they did not get the chance to build. There is an existing well on the property and the power lines are accessible at the street, so this is a fantastic opportunity for someone to pick up where the previous owners left off and build a fantastic mountin retreat that is 20 minutes from town. Prior plans and reports are available.


Presented by Doug Toby at
Kw Coastal Estates.
Listing Agent Photo

Property MLS #ML81966488 from MLSListings

Lot Description: Grade - Varies Lot, Stream - Year Round
Lot Size Acres: 5.1
Lot Size Source: Assessor
Lot Size Square Feet: 222156

View: Forest / Woods, Mountains, River / Stream

Association: No
Calculated Total Monthly Association Fees: 0

High School District: Carmel Unified

Captain Cooper Elementary School is a public elementary school located approximately 8 miles away.
directions icon Map directions

Carmel Middle School is a public middle school located approximately 11.1 miles away.
directions icon Map directions

Carmel High School is a public high school located approximately 12.2 miles away.
directions icon Map directions

Source Listing Status: Active
County: Monterey
Cross Street: Hwy 1
Current Use: Recreational
Development Status: Site Plan
Directions: 3 miles up Palo Colorado from Hwy 1 - about 1/2 mile past the fire station.
Source Property Type: Residential Lots & Land
Area: Big Sur Coast
Source Neighborhood: Big Sur Coast
Ownership Type: Individual
Postal City: CARMEL
Zoning: RDR/40(CZ)
Property Subtype: Residential Lot
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $437,991
$437,991
$4,560
2021$unknown + $429,403
$429,403
$4,515
2020$unknown + $425,000
$425,000
$4,419
2019$unknown + $414,887
$414,887
$4,316
2018$unknown + $406,752
$406,752
$4,237
2017$unknown + $398,777
$398,777
$4,149
2016$unknown + $390,958
$390,958
$4,083
2015$unknown + $385,086
$385,086
$4,026
2014$unknown + $377,543
$377,543
$3,985
2013$unknown + $375,837
$375,837
$3,905
2012$unknown + $368,468
$368,468
$3,851
2011$unknown + $361,244
$361,244
$3,782
2010$unknown + $358,545
$358,545
$3,744
2009$unknown + $331,223
$331,223
$3,462
2008$unknown + $324,729
$324,729
$3,383
2007$unknown + $318,362
$318,362
$3,306

Listed 2024-05-20
$495,000
MLSListings
Sold 2019-07-15
$425,000
Public Record
Listing removed 2017-04-01
$485,000
MLSListings
Listing removed 2017-01-03
$485,000
ContraCosta
Listed 2016-04-20
$485,000
ContraCosta
Listed 2016-04-20
$485,000
MLSListings
Listing removed 2014-05-02
$545,000
MLSListings
Listed 2013-05-12
$545,000
MLSListings
Sold 2004-01-30
$300,000
Public Record
Sold 1981-06-03
$63,500
Public Record

Access: County Maintained Road, Paved Road

Electricity - Available at Street
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.