37927 Palo Colorado Rd is a 1,837 square foot house on a 2.55 acre lot with 2 bedrooms and 1 bathroom. - it last sold on May 15, 1987 for $185,000. Based on Redfin's Carmel data, we estimate the home's value is $1,950,861.
Single-familyProperty Type
1985Year Built
2.55 acresLot Size
$1,062Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,950,861
$1.8M since sold in May 1987$187K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 21.3% lower than the average sale price ($2.48M) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Jul 26, 2024 • Final
Combination
Construct a detached accessory dwelling unit to replace a fire-damaged cabin in the same location. A photovoltaic system is deferred and final approval will not be granted until solar panels are installed.
ADU
Demolition
Jan 30, 2024 • Final
Pv
Install a residential roof-mounted photovoltaic system. The project will utilize the existing 200 amp electrical panel.
Electrical
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
Interior
Bathroom Information
# of Full Baths: 1
Room Information
# of Rooms: 2
Exterior
Exterior Information
Building Style Type: H-Shape
Construction Type: Wood
Building Construction Quality: Low
Building Type: Single Family
Property Information
Living Sq. Ft: 1,837
# of Stories: 2
Legal Description: ASSRS MP OF E1/2 OF NW1/4 & OF W1/2 OF NE1/4 SEC9 T18 R1 SUB A OF L 4 2.55 AC RW & EXC RW
Lot Information
# of Buildings: 1
Land Sq. Ft: 111,078
Legal Lot Number: 4
Acres: 2.55
County Use Description: RURAL IMPROVED
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,837
Stories: 2.0
Lot Size: 2.55 acres
Style: Single Family Residential
Year Built: 1985
Year Renovated: 1985
County: Monterey County
APN: 418131007000
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
K - 12
Preschool & daycare
Carmel River Elementary School
Public K-5 • Assigned • 11.2mi
9/10
Carmel Middle School
Public 6-8 • Assigned • 10.8mi
7/10
Carmel High School
Public 9-12 • Assigned • 11.9mi
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
1% chance of being in a wildfire in next 30 years
1/10 Heat Factor
2 days above 81° expected this year, 5 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
64
51
60
47
60
48
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
$1.85M – $2.24M
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