Nestled in the heart of Palo Colorado Canyon, this refreshed 2-bedroom, 1-bath cottage offers a serene living experience surrounded by majestic redwoods and natural beauty. Recent updates include fresh interior paint and new flooring, creating a bright and inviting atmosphere while preserving the home’s cozy character. Spanning approximately 4.25 acres across multiple parcels, the property provides remarkable privacy, a seasonal creek flowing through the land, and a deep well with plentiful water supply. A spacious walk-out basement adds valuable storage and flexible use space. Secluded yet conveniently located, the home is just minutes from Garrapata Beach and a scenic drive to Big Sur, placing world-renowned coastline, hiking trails, and Highway 1 vistas within easy reach. Whether envisioned as a peaceful primary residence or a private weekend escape, this unique canyon property presents an exceptional opportunity to enjoy the natural beauty and timeless appeal of the Carmel–Big Sur region. Short sale approved at 740K
Single-familyProperty Type
1950Year Built
1.5 acresLot Size
$940Price/Sq.Ft.
1 spaceParking
Listed by Heidi Cafarella•DRE #01211136• Esquire Realty
Bring your own updates to this charming cabin in the woods. This 2 bed 1 bath cottage is the perfect retreat for those who seek tranquility amidst the majestic redwoods. Tucked away, this cozy cabin offers the perfect escape for either a romantic weekend getaway or a peaceful retreat in nature. Conveniently located just a 5-minute drive from Garrapatas Beach, and with Big Sur just a short drive away you'll have easy access to miles of pristine coastline. A seasonal creek runs through the lot, property includes lot 21, 20 and half of 19 bringing it to approximately 4.25 acres, with a very deep well and plenty of water. Ample walk-out basement with plenty extra storage space.
MLSListings #ML89914527
Sep 15, 1999
Sold
$289,500
$368/sq ft
Aug 2, 1999
Listing Removed
—
Apr 9, 1999
Listed
$294,500
$374/sq ft
Public Records
Sep 25, 1997
Sold
$175,000
$222/sq ft
Public Records
Aug 7, 1975
Sold
$23,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,174 (+123.1%)
$572,220 + $416,160
$988,380
2024
$4,559 (+0.5%)
$561,000 + $408,000
$969,000
2023
$4,535 (+3.4%)
$301,361 + $134,851
$436,212
2022
$4,386 (+1.0%)
$295,452 + $132,207
$427,659
2021
$4,343 (+2.2%)
$289,659 + $129,615
$419,274
2020
$4,250 (+1.9%)
$283,980 + $127,074
$411,054
2019
$4,169 (+1.8%)
$281,069 + $125,772
$406,841
2018
$4,094 (+2.1%)
$275,558 + $123,306
$398,864
2017
$4,009 (+1.6%)
$264,858 + $118,519
$383,377
2016
$3,945 (+1.4%)
$264,858 + $118,519
$383,377
2015
$3,890 (+1.1%)
$259,665 + $116,196
$375,861
2014
$3,849 (+2.0%)
$250,755 + $112,210
$362,965
2013
$3,773 (+1.4%)
$250,755 + $112,210
$362,965
2012
$3,720 (+1.8%)
$249,622 + $111,703
$361,325
2011
$3,655 (+1.0%)
$244,728 + $109,513
$354,241
2010
$3,617 (−0.3%)
$239,930 + $107,366
$347,296
2009
$3,628 (+2.4%)
$238,137 + $106,564
$344,701
2008
$3,545
$238,703 + $106,818
$345,521
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.5 Acres
Year renovated
1950
Finished Sq. Ft.
787
Unfinished Sq. Ft.
—
Total Sq. Ft.
787
Year built
1950
Style
Single Family Residential
County
Monterey County
APN
418031024000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 76° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Carmel, CA • 93923
Average low and high temperatures (°F)
58
46
57
45
61
47
58
45
61
46
64
49
66
52
71
55
70
56
68
53
60
47
60
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
44/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
7.6 hrs
1 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 37016 Palo Colorado Rd
$642,347
$98K under list price of $740K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $485K to $3.3M.