OFF MARKET

Off market aug 2024 for $1.1M

$2,065,003

Est. refi paymentEst. refi $7,407/mo

•

1,950

sq ft

37723 Palo Colorado Rd, Carmel, CA 93923

About this home

Sitting high atop a mountain overlooking Palo Colorado Canyon and the Pacific ocean beyond, this home is magical. Easily accessed by a paved road, the property features two separate sites within the 8+acre parcel, both with magnificent views: one with an artists studio and large storage shed on public power, and the other, a round house completely off-grid. Main level of house is open concept, with kitchen, living, sleeping area and bathroom on that level. Separate downstairs has laundry room, second bathroom and two bedrooms all framed in and ready for finish carpentry. All construction is fully permitted through Monterey County. Beloved by the current owners for 37 years, the home, which sits in a sunbelt, is lush with gardens, small vineyard and a beautiful fountain near the front door. Gorgeous, unobstructed views.

Single-familyProperty Type

2020Year Built

8.63 acresLot Size

$1,059Est. Price/Sq.Ft.

Listed by Vilia Gilles •DRE #00883948 • Sotheby’s International Realty

Contact: 831-760-7091

Bought with Vilia Gilles •DRE #00883948 • Sotheby’s International Realty

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81969659

Redfin Estimate

$2,065,003

$965K since sold in August 2024$323K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.4% lower than the average sale price ($2.70M) of 6 comparable homes.

SOLD AUG 28, 2026
$3,200,000
A
2 beds2 baths1,754 sq ft
140 San Remo Rd, Carmel, CA 93923
SOLD SEP 24, 2026
$3,250,000
B
2 beds2 baths1,999 sq ft
88A Corona Rd, Carmel, CA 93923
SOLD MAY 26, 2026
$2,687,500
C
3 beds2 baths1,822 sq ft
11 Yankee Point Dr, Carmel, CA 93923
SOLD SEP 24, 2026
$2,145,000
D
3 beds2 baths1,903 sq ft
27550 Schulte Rd, Carmel, CA 93923
SOLD OCT 7, 2026
$2,450,000
E
3 beds2.5 baths2,416 sq ft
36 Miramonte Rd, Carmel Valley, CA 93924
SOLD OCT 7, 2026
$2,450,000
F
3 beds2.5 baths2,416 sq ft
36 Miramonte Rd, Carmel Valley, CA 93924

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Earn from this home

Sell

$1,110,590

Est. take-home

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Refinance

Est. cash available

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Rent

$1,557/mo

Redfin rental estimate

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Market trends in 93923, CA

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

95.6%

0.4% MoM

Median sale price

$2.4M

$137K MoM

Avg. days on market

63d

21 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 2 HRS AGO
$2,500,000
3 beds3 baths1,660 sq ft
24732 San Carlos St, Carmel, CA 93923
OPEN FRI, 3PM TO 5:30PM
$1,895,000
3 beds3 baths1,544 sq ft
191 Carpenter St, Carmel-By-The-Sea, CA 93921
$725,000
2 beds2 baths950 sq ft
203 Hacienda Carmel, Carmel, CA 93923
$749,000
Studio1 bath856 sq ft
37315 Palo Colorado Rd, Carmel, CA 93923
3D WALKTHROUGH
$2,195,000
3 beds2 baths2,969 sq ft
3601 Eastfield Rd, Carmel, CA 93923
3D WALKTHROUGH
$1,949,000
4 beds4 baths2,348 sq ft
28063 Heron Ct, Carmel, CA 93923
FOR SALE BY OWNER
$875,000
— beds— baths1,410 sq ft
3600 High Meadow Dr, Carmel-By-The-Sea, CA 93923
$595,000
Studio1 bath546 sq ft
253 Hacienda Carmel, Carmel, CA 93923
3D WALKTHROUGH
$1,725,000
3 beds2 baths1,544 sq ft
25685 Morse Dr, Carmel, CA 93923
$7,695,000
5 beds6 baths5,721 sq ft
5 Touche Pass, Carmel, CA 93923
See all

Provided by Redfin

Sale history for 37723 Palo Colorado Rd

Year

Property tax

Land + Additions

Assessment*

2025

$11,544 (+289.9%)

$765,000 + $357,000

$1,122,000

2024

$2,961 (+0.5%)

$750,000 + $350,000

$1,100,000

2023

$2,945 (+3.4%)

$87,676 + $194,234

$281,910

2022

$2,849 (+1.0%)

$85,957 + $190,426

$276,383

2021

$2,820 (+2.2%)

$84,272 + $186,693

$270,965

2020

$2,760 (+1.9%)

$82,620 + $183,033

$265,653

2019

$2,708 (+1.8%)

$81,773 + $181,157

$262,930

2018

$2,659 (+2.1%)

$80,170 + $177,605

$257,775

2017

$2,604 (+1.7%)

$77,058 + $170,709

$247,767

2016

$2,562 (+1.4%)

$77,058 + $170,709

$247,767

2015

$2,527 (+1.1%)

$75,548 + $167,362

$242,910

2014

$2,500 (+2.0%)

$72,957 + $161,620

$234,577

2013

$2,451 (+1.4%)

$72,957 + $161,620

$234,577

2012

$2,416 (+1.8%)

$72,628 + $160,890

$233,518

2011

$2,374 (+1.0%)

$71,204 + $157,736

$228,940

2010

$2,350 (+17.9%)

$69,808 + $154,644

$224,452

2009

$1,993 (+2.3%)

$69,287 + $153,489

$222,776

2008

$1,947

$69,452 + $118,854

$188,306

Tax history for 37723 Palo Colorado Rd

Year

Property tax

Land + Additions

Assessment*

2025

$11,544 (+289.9%)

$765,000 + $357,000

$1,122,000

2024

$2,961 (+0.5%)

$750,000 + $350,000

$1,100,000

2023

$2,945 (+3.4%)

$87,676 + $194,234

$281,910

2022

$2,849 (+1.0%)

$85,957 + $190,426

$276,383

2021

$2,820 (+2.2%)

$84,272 + $186,693

$270,965

2020

$2,760 (+1.9%)

$82,620 + $183,033

$265,653

2019

$2,708 (+1.8%)

$81,773 + $181,157

$262,930

2018

$2,659 (+2.1%)

$80,170 + $177,605

$257,775

2017

$2,604 (+1.7%)

$77,058 + $170,709

$247,767

2016

$2,562 (+1.4%)

$77,058 + $170,709

$247,767

2015

$2,527 (+1.1%)

$75,548 + $167,362

$242,910

2014

$2,500 (+2.0%)

$72,957 + $161,620

$234,577

2013

$2,451 (+1.4%)

$72,957 + $161,620

$234,577

2012

$2,416 (+1.8%)

$72,628 + $160,890

$233,518

2011

$2,374 (+1.0%)

$71,204 + $157,736

$228,940

2010

$2,350 (+17.9%)

$69,808 + $154,644

$224,452

2009

$1,993 (+2.3%)

$69,287 + $153,489

$222,776

2008

$1,947

$69,452 + $118,854

$188,306

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8.63 Acres

Year renovated

2005

Sq. Ft.

752

Year built

2005

Style

Single Family Residential

County

Monterey County

APN

418081038000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

May 10, 2025 • Final

Combination

Demolish an existing yurt and deck to construct a new two-story single-family home. The project includes additions to the first floor and lower level, along with the installation of new ground-mounted solar panels.

Addition

Electrical

New construction

Solar

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Description: Parking Area

Interior

Bedroom Information
# of Bedrooms (Minimum): 2
# of Bedrooms (Maximum): 2

Bathroom Information
# of Baths (Full): 2
Bathroom Description: Shower Over Tub

Room Information
Artist Studio, Laundry Room, Storage
Family Room Description: Kitchen/Family Room Combo
Dining Room Description: Dining Area
Kitchen Description: Cooktop (Gas), Countertop (Granite), Countertop (Synthetic), Dishwasher, Oven (Electric), Refrigerator(s)

Interior Features
Laundry: In Utility Room, Washer
Flooring: Hardwood, Tile

Fireplace Information
Has Fireplace
Fireplace Description: Wood-Stove
Fireplaces (Minimum): 1

Heating & Cooling Information
Heating: Central Forced Air, Propane, Stove (Wood)

Exterior

Exterior Features
View: Canyon, Mountains, Ocean
Roof: Composition, Shingle

Building Information
Subclass: Single Family Home
Building Type: Detached
Construction Type: Stucco
Concrete Perimeter

Property Features
Amenities: High Ceiling
Living Sq. Ft.: 1,950
Security Features: Fire System (Sprinkler)

Property Information
Property Primary ID: 713964

Lot Information
Lot Acres: 8.63
Lot Description: Grade (Varies), Views
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: RDR/40-D(CZ)

Utilities

Utility Information
Energy Features: Double Pane Windows, Insulation (Floor), Solar Power, Solar Power Off Grid, Tankless Water Heater
Sewer Septic: Septic Connected
Utilities: Propane On Site, Public Utilities, Solar Panels - Owned

Water Information
Water: Well, Well (Shared)

Location

School Information
Elementary School District: Carmel Unified
High School District: Carmel Unified

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 752
Stories: 1.0
Lot Size: 8.63 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Monterey County
APN: 418081038000

Home facts updated by county records on Sep 14, 2026

Other

Miscellaneous Information
Incorporated: Yes

Around this home

Schools

Carmel River Elementary School

Public K-5 • Assigned • 10.5mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 10.2mi

7/10

Carmel High School

Public 9-12 • Assigned • 11.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 81° expected this year, 16 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.6 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

10.6 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.96M – $2.38M

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Nearby similar homes

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Studio1 bath856 sq ft

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Restored log cabin • High producing well • Hand sanded logs

3D WALKTHROUGH

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FOR SALE BY OWNER

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3D WALKTHROUGH

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Home values near 37723 Palo Colorado Rd

Data from public records.

Address	Redfin Estimate
37719 Palo Colorado Road, Carmel, CA 3 Beds \| 2 Baths \| 1482 Sq. Ft.	$1,557,031
37699 Palo Colorado Road, Carmel, CA 2 Beds \| 1 Baths \| 1114 Sq. Ft.	$1,202,093

Address	Redfin Estimate
37732 Palo Colorado Road, Carmel, CA 2 Beds \| 3 Baths \| 2340 Sq. Ft.	$2,344,608
37727 Palo Colorado Road, Carmel, CA 3 Beds \| 2 Baths \| 1441 Sq. Ft.	$1,426,267

Address	Redfin Estimate
37715 Palo Colorado Road, Carmel, CA 6 Beds \| 3.5 Baths \| 1713 Sq. Ft.	$1,450,494
37725 Palo Colorado Road, Carmel, CA 1 Beds \| 1 Baths \| 870 Sq. Ft.	$1,385,351

Property information provided by MLSListings when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 93923, CA

Sale history for 37723 Palo Colorado Rd

Tax history for 37723 Palo Colorado Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 93923

Home values near 37723 Palo Colorado Rd

More real estate resources