TWIN PEAKS RESERVE: This rare 96 acre Big Sur wild land is situated at one of the highest points on the Big Sur coast on the northern Santa Lucia Mountain Range: With 180 degree ocean views this remote and very private property has direct access to the Ventana Wilderness, the Los Padres National Forest and the Palo Corona Biological Preserve. High above the fog and the redwood canyons flowing down to the wide blue Pacific there are views southwest across the forested mountain wilderness to Pico Blanco and the Big Sur River watershed. There is easy access from a County Road off Hwy 1 onto a private gated well maintained unpaved road. It's a little over an hour from Carmel and the Monterey airport to your fully equipped off grid solar guest cottage. ( Shorter with a personal Joby Avaition eVTOL air taxi coming soon) Excellent spring water with 10,000 gallons storage that gravity feeds to the guest cottage and main house site. The original house site is ready for redevelopment as it was destroyed in the Soberanes fire of 2016 There is an additional 102 acre contiguous parcel of land available for sale
Single-familyProperty Type
1997Year Built
96 acresLot Size
$1,463Price/Sq.Ft.
Listed by Hillary Lipman•DRE #00923925• Big Sur Coast Properties
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82038851
Aug 29, 2026
Price Changed
$995,000
$1,463/sq ft
Aug 29, 2026
Price Changed
$995,000
$1,463/sq ft
Mar 16, 2026
Listed
$1,250,000
$1,838/sq ft
Mar 16, 2026
Listed
$1,250,000
$1,838/sq ft
+6
TWIN PEAKS RESERVE: This rare 96 acre Big Sur wild land is situated at one of the highest points on the Big Sur coast on the northern Santa Lucia Mountain Range: With 180 degree ocean views this remote and very private property has direct access to the Ventana Wilderness, the Los Padres National Forest and the Palo Corona Biological Preserve. High above the fog and the redwood canyons flowing down to the wide blue Pacific there are views southwest across the forested mountain wilderness to Pico Blanco and the Big Sur River watershed. There is easy access from a County Road off Hwy 1 onto a private gated well maintained unpaved road. It's a little over an hour from Carmel and the Monterey airport to your fully equipped off grid solar guest cottage. ( Shorter with a personal Joby Avaition eVTOL air taxi coming soon) Excellent spring water with 10,000 gallons storage that gravity feeds to the guest cottage and main house site. The original house site is ready for redevelopment as it was destroyed in the Soberanes fire of 2016 There is an additional 102 acre contiguous parcel of land available for sale
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82018695
Dec 15, 2025
Listing Removed
—
Aug 20, 2025
Listed
*
Year
Property tax
Land + Additions
Assessment*
2025
$7,100 (−43.2%)
$650,000 + $25,000
$675,000
2024
$12,498 (+0.5%)
$650,000 + $25,000
$675,000
2023
$12,433 (+3.4%)
$1,181,838 + $20,714
$1,202,552
2022
$12,024 (+119.3%)
$1,158,665 + $20,308
$1,178,973
2021
$5,484 (−52.9%)
$1,135,947 + $19,910
$1,155,857
2020
$11,651 (+1.9%)
$500,000 + $20,000
$520,000
2019
$11,428 (+1.9%)
$1,102,255 + $19,320
$1,121,575
2018
$11,217 (+2.1%)
$1,080,643 + $18,942
$1,099,585
2017
$10,985 (−31.0%)
$1,038,681 + $18,207
$1,056,888
2016
$15,919 (+1.4%)
$1,038,681 + $18,207
$1,056,888
2015
$15,697 (+1.0%)
$1,018,315 + $509,154
$1,527,469
2014
$15,535 (+2.0%)
$983,372 + $491,684
$1,475,056
2013
$15,225 (+3.2%)
$983,372 + $491,684
$1,475,056
2011
$14,747 (+1.0%)
$959,734 + $479,865
$1,439,599
2010
$14,596 (−0.3%)
$940,916 + $470,456
$1,411,372
2009
$14,643 (+2.4%)
$933,884 + $466,940
$1,400,824
2008
$14,305
$936,103 + $468,050
$1,404,153
Public record
Public record
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
96 Acres
Year renovated
1997
Finished Sq. Ft.
1,109
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,109
Year built
1997
Style
Single Family Residential
County
Monterey County
APN
418011066000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
May 11, 2026 • Final
Combination
Reconstruct a single-family home and a screened porch. Construct a bedroom addition, install new underground propane tanks, and replace the existing septic tank with new septic tanks.
Addition
Gas
Plumbing
Remodel
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.
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
2 days above 82° expected this year, 8 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)
58
46
57
45
61
47
58
45
61
46
64
49
65
51
71
55
70
55
68
53
60
47
60
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Carmel. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 38875 Palo Colorado Rd
$992,738
$2,262 under list price of $995K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $715K to $1.4M.