OFF MARKET

Off market oct 2019 for $649K

$1,048,512

Est. refi paymentEst. refi $4,425/mo

•

864

sq ft

38855 Palo Colorado Rd, Carmel, CA 93923

About this home

Ocean Views from this 40 acre parcel high above Big Sur's Palo Colorado Canyon. The cabin has redwood groves standing up to three hundred feet tall. There are two canyons on this property: One primarily an Oak Canyon and the other a Redwood Canyon on a very private forty acres above the fog line with direct access to a paved county road approximately four miles from Highway One. This is a comfortable cabin with a gourmet kitchen, granite counters, custom shower stall, copper gutters, metal roof, washer and dryer, and two building sites on ridges with ocean views. Property has all utilities including PGE and propane together with its own year-round spring in a secluded redwood canyon. There is a built-in backup generator system included. All furnishings are included as well. The property bordered on three sides by Monterey County Park Land preserve. Palo Colorado Road goes through the property along its southern border providing paved county road this paradise property.

Single-familyProperty Type

1983Year Built

40.2 acresLot Size

$1,214Est. Price/Sq.Ft.

1 spaceParking

Listed by William Smith •DRE #01064866 • Coldwell Banker Realty

Contact: 831-402-5302

Bought with William Smith •DRE #01064866 • Coldwell Banker Realty

Redfin checked: a minute ago

•Source:MLSListings #ML81730748

Redfin Estimate

$1,048,512

$400K since sold in October 2019$239K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.8% lower than the average sale price ($1.41M) of 6 comparable homes.

SOLD SEP 15, 2026
$1,600,000
A
1 bed1 bath590 sq ft
36260 Highway 1, Monterey, CA 93940
SOLD AUG 26, 2026
$485,000
B
2 beds1.5 baths1,064 sq ft
21 A El Cuenco, Carmel Valley, CA 93924
SOLD JUL 23, 2026
$1,100,000
C
2 beds2.5 baths1,440 sq ft
13330 Middle Canyon Rd, Carmel Valley, CA 93924
SOLD OCT 5, 2026
$944,000
D
2 beds2 baths1,664 sq ft
11565 Mccarthy Rd, Carmel Valley, CA 93924
SOLD OCT 12, 2026
$1,100,000
E
3 beds2 baths1,101 sq ft
17 Aliso Rd, Carmel Valley, CA 93924
SOLD SEP 24, 2026
$3,250,000
F
2 beds2 baths1,999 sq ft
88A Corona Rd, Carmel, CA 93923

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Earn from this home

Sell

$546,465

Est. take-home

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Est. cash available

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Rent

$1,546/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

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NEW 24 HRS AGO
$7,695,000
5 beds6 baths5,721 sq ft
5 Touche Pass, Carmel, CA 93923
$2,795,000
3 beds3 baths2,382 sq ft
27445 Loma Del Rey, Carmel, CA 93923
OPEN SUN, 11AM TO 1PM
$1,750,000
3 beds3 baths1,720 sq ft
25315 Flanders Dr, Carmel, CA 93923
OPEN SAT, 2PM TO 5PM
$4,750,000
4 beds3 baths1,976 sq ft
807 7th Ave, Carmel, CA 93921
OPEN FRI, 4:30PM TO 6:30PM
$2,298,000
4 beds2 baths2,010 sq ft
3035 Ribera Rd, Carmel, CA 93923
OPEN SAT, 12PM TO 3PM
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3 beds2 baths2,195 sq ft
24613 Upper Trl, Carmel, CA 93923
OPEN SAT, 12PM TO 3PM
$1,075,000
2 beds2.5 baths1,520 sq ft
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3D WALKTHROUGH
$1,575,000
5 beds5 baths6,670 sq ft
230 Highway 1, Carmel, CA 93923
See all

Provided by Redfin

Sale history for 38855 Palo Colorado Rd

Date

Event

Price

MLSListings #ML81730748

Oct 11, 2019

Sold

$649,000

$751/sq ft

Sep 30, 2019

Pending

—

Aug 13, 2019

Contingent

—

Jul 22, 2019

Price Changed

$649,000

$751/sq ft

Jun 13, 2019

Price Changed

$699,000

$809/sq ft

Mar 25, 2019

Price Changed

$775,000

$897/sq ft

Nov 9, 2018

Listed

$875,000

$1,013/sq ft

Public Records

Oct 28, 2016

Sold

$277,500

$321/sq ft

MLSListings #ML81585219

Oct 28, 2016

Sold

$277,300

$321/sq ft

Sep 19, 2016

Contingent

—

Jul 18, 2016

Price Changed

$590,000

$683/sq ft

May 12, 2016

Listed

$690,000

$799/sq ft

+11

Very private 40 acres above the fog with direct access to a paved county road approximately 4 miles from Highway 1. Comfortable cabin with separate artist studio and large storage shed set on a ridge with ocean view. Property has all utilities including PGE and propane together with its own year-round spring in a secluded redwood canyon. The property borders a private preserve close to the Ventana Wilderness.

Public Records

Mar 14, 1986

Sold

$165,000

$191/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,463 (+3.0%)

$557,756 + $166,210

$723,966

2024

$7,249 (+0.5%)

$546,820 + $162,951

$709,771

2023

$7,211 (+3.4%)

$536,099 + $159,756

$695,855

2022

$6,974 (+1.0%)

$525,588 + $156,624

$682,212

2021

$6,905 (+2.2%)

$515,283 + $153,553

$668,836

2020

$6,758 (+123.3%)

$505,180 + $150,543

$655,723

2019

$3,026 (+1.8%)

$500,000 + $149,000

$649,000

2018

$2,972 (+2.1%)

$270,504 + $17,998

$288,502

2017

$2,910 (−0.4%)

$260,000 + $17,300

$277,300

2016

$2,923 (+1.4%)

$260,000 + $17,300

$277,300

2015

$2,882 (+1.1%)

$168,211 + $109,335

$277,546

2014

$2,852 (+2.0%)

$162,440 + $105,584

$268,024

2013

$2,795 (+1.4%)

$162,440 + $105,584

$268,024

2012

$2,756 (+1.8%)

$161,706 + $105,107

$266,813

2011

$2,708 (+1.0%)

$158,536 + $103,047

$261,583

2010

$2,680 (−0.3%)

$155,428 + $101,027

$256,455

2009

$2,688 (+2.3%)

$154,267 + $100,272

$254,539

2008

$2,626

$154,634 + $100,511

$255,145

Tax history for 38855 Palo Colorado Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,463 (+3.0%)

$557,756 + $166,210

$723,966

2024

$7,249 (+0.5%)

$546,820 + $162,951

$709,771

2023

$7,211 (+3.4%)

$536,099 + $159,756

$695,855

2022

$6,974 (+1.0%)

$525,588 + $156,624

$682,212

2021

$6,905 (+2.2%)

$515,283 + $153,553

$668,836

2020

$6,758 (+123.3%)

$505,180 + $150,543

$655,723

2019

$3,026 (+1.8%)

$500,000 + $149,000

$649,000

2018

$2,972 (+2.1%)

$270,504 + $17,998

$288,502

2017

$2,910 (−0.4%)

$260,000 + $17,300

$277,300

2016

$2,923 (+1.4%)

$260,000 + $17,300

$277,300

2015

$2,882 (+1.1%)

$168,211 + $109,335

$277,546

2014

$2,852 (+2.0%)

$162,440 + $105,584

$268,024

2013

$2,795 (+1.4%)

$162,440 + $105,584

$268,024

2012

$2,756 (+1.8%)

$161,706 + $105,107

$266,813

2011

$2,708 (+1.0%)

$158,536 + $103,047

$261,583

2010

$2,680 (−0.3%)

$155,428 + $101,027

$256,455

2009

$2,688 (+2.3%)

$154,267 + $100,272

$254,539

2008

$2,626

$154,634 + $100,511

$255,145

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

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1,751,112

Year renovated

1983

Sq. Ft.

864

Year built

1983

Style

Single Family Residential

County

Monterey County

APN

418011034000

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Yes

Features

Views

Last updated by owner on Nov 5, 2021.

Property details

Parking

Parking Information
Parking Description: No Garage, Off-Street Parking, Parking Area, Room for Oversized Vehicle, Uncovered Parking

Interior

Bedroom Information
# of Bedrooms (Minimum): 1
# of Bedrooms (Maximum): 1
Bedrooms: Ground Floor Bedroom

Bathroom Information
# of Baths (Full): 1
Bathroom Description: Granite, Stall Shower

Room Information
Family Room Description: Other (See Remarks)
Dining Room Description: Other (See Remarks)
Kitchen Description: Countertop (Granite), Oven Range (Gas), Refrigerator(s)

Interior Features
Laundry: In Utility Room

Fireplace Information
Has Fireplace
Fireplace Description: Wood-Burning

Heating & Cooling Information
Cooling: Other (See Remarks)
Heating: Stove (Wood)

Exterior

Exterior Features
Roof: Metal
Yard/Grounds: Barbecue Area, Deck, Low Maintenance, Porch(s) (Enclosed)

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

Property Features
Living Sq. Ft.: 500

Property Information
Horse Property: Possible
Property Faces: East
Property Primary ID: 505435

Lot Information
Lot Acres: 40.2
Lot Description: Grade (Hillside), Stream (Seasonal), Surveyed, Views
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: Rural/ Ag Residence

Financial

Tax/Assessment Information
City Transfer Tax: No

Utilities

Utility Information
Sewer Septic: Septic Standard
Utilities: Generator, Public Utilities

Water Information
Water: Spring

Location

Multi-Unit Information
# of Stories: 1

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

Location Information
Highway 1 to Palo Colorado

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 864
Stories: 1.0
Parking Spaces: 1
Basement: No
Accessible: No
Lot Size: 40.2 acres
Style: Single Family Residential
Year Built: 1983
Year Renovated: 1983
County: Monterey County
APN: 418011034000
HOA Dues: —
Garage: Yes
Features: Views

Home facts updated by owner on Nov 5, 2021

Around this home

Schools

Carmel River Elementary School

Public K-5 • Assigned • 12.3mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 11.9mi

7/10

Carmel High School

Public 9-12 • Assigned • 12.9mi

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

2% chance of being in a wildfire in next 30 years

1/10 Heat Factor

8 days above 82° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

15 unhealthy days expected this year, 16 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

$997,000 – $1.21M

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Home values near 38855 Palo Colorado Rd

Data from public records.

Address	Redfin Estimate
38801 Palo Colorado Rd, Carmel, CA - Beds \| 1 Baths \| 518 Sq. Ft.	$900,833
38757 Palo Colorado Rd, Carmel, CA 3 Beds \| 2 Baths \| 1104 Sq. Ft.	$1,203,749

Address	Redfin Estimate
38807 Palo Colorado Rd, Carmel, CA 2 Beds \| 1 Baths \| 576 Sq. Ft.	$1,595,222
38765 Palo Colorado Rd, Carmel, CA 2 Beds \| 1 Baths \| 1145 Sq. Ft.	$873,136

Address	Redfin Estimate
38997 Palo Colorado Rd, Carmel, CA 3 Beds \| 2 Baths \| 2864 Sq. Ft.	$2,650,733
38761 Palo Colorado Rd, Carmel, CA 2 Beds \| 1 Baths \| 1458 Sq. Ft.	$849,476

Property information provided by MLSListings when last listed in 2018. This data may not show owner updates. 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 38855 Palo Colorado Rd

Tax history for 38855 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 38855 Palo Colorado Rd

More real estate resources