38250 Palo Colorado Road

Carmel, CA 93923

$495,000
Price
222,156 / 5.1
Lot Size / Acres

Description

Absolutely beautiful 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 only 14 miles south of Carmel and only 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...Absolutely beautiful 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 only 14 miles south of Carmel and only 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 mountain retreat that is only 20 minutes from town. Prior plans and reports are available.
  1. Listed by Doug Toby • DRE #01239501 • Brokerage DRE #01527814 • KW Coastal Estates • 831-261-7374

Property Details for 38250 Palo Colorado Road

MLS City Name
CARMEL
Building Type
Lots and Land
View
Forest / Woods, Mountains, River / Stream
Cross Street
Hwy 1

Location

Listing Courtesy of KW Coastal Estates, Doug Toby, DRE #01239501
Add your commute
LISTING UPDATED: 05/20/2024 03:35 PM

Property Details for 38250 Palo Colorado Road

StatusActive
MLS #ML81966488
Days on Compass56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLOTS AND LAND / Residential Lot
Year Built-
Lot Size5.10 AC
CountyMonterey County

Location

Listing Courtesy of KW Coastal Estates, Doug Toby, DRE #01239501
Add your commute

Building Information for 38250 Palo Colorado Road

Lot Size5.10 AC

Payment Calculator

$3,094 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$393

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38250 Palo Colorado Road

Features
Features
  • Fireplace: No
  • Pool: No
Utilities
  • Sewer Septic: Other
  • Utilities: Electricity - Available at Street
  • Water: Well
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Big Sur Coast
  • Subclass: Residential Lot
  • Street Number: 38250
  • Street Name: Palo Colorado
  • Street Suffix: Road
  • Area ID: 157
Lot / Property Details
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RDR/40(CZ)
Location Information
  • City Limits: No
  • Directions: 3 miles up Palo Colorado from Hwy 1 - about 1/2 mile past the fire station.
  • Incorporated: No
  • Parcel Access: County Maintained Road, Paved Road
  • Parcel Number: 418-131-024-000
  • County Name: Monterey
  • City Name: CARMEL
  • City Postal ID: 9
  • Postal Code: 93923
  • Elementary School District: 432
  • High School District Text: Carmel Unified
Lot Information
  • Development Status: Other - Call Listing Agent, Site Plan
  • Fencing: None
  • Horse Property: Possible
  • Lot Acres: 5.10
  • Lot Description: Grade - Varies, Stream - Year Round
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Present Use: Recreational

Property History for 38250 Palo Colorado Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38250 Palo Colorado Road

Taxable ValueLand$446,750Additions-Total$446,750
Tax Record2023$4,716 ($393 / month)
Home Facts
Beds0Lot Size222,156 SqFtStyleResidentialCountyMONTEREYAPN418-131-024-000

Schools near 38250 Palo Colorado Road

This home is within Carmel Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Captain Cooper Elementary School
PublicK to 5

Carmel Middle School
Public6 to 8

Carmel High School
Public9 to 12

Carmel Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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38250 Palo Colorado Road is a 5.1 ac of land for sale in Carmel, CA 93923. This property was listed for sale on May 20, 2024 by KW Coastal Estates, it's currently listed at $495,000. It has been on the market for a total of 56 days and was last sold on July 8, 2019. This listing's school district is Carmel Unified School District. Nearby schools include Captain Cooper Elementary School, Carmel Middle School and Carmel High School. 38250 Palo Colorado Road is a 0-bed, 0-bath, 5.1 ac of land on a 222,156 sq. ft. / 5.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Coastal Estates, Doug Toby, DRE #01239501

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.