Google satellite image for 38875 Palo Colorado Rd, Carmel, CA 93923

Off market

$1,483,712

—

•

1 ba

•

1,109

sq ft

38875 Palo Colorado Rd, Carmel, CA 93923

About this home

38875 Palo Colorado Rd is a 1,109 square foot house on a 96 acre lot with 1 bathroom. Based on Redfin's Carmel data, we estimate the home's value is $1,483,712.

Single-familyProperty Type

1997Year Built

96 acresLot Size

$1,338Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,483,712

$68K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.6% higher than the average sale price ($1.40M) 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 AUG 28, 2026
$3,200,000
F
2 beds2 baths1,754 sq ft
140 San Remo Rd, Carmel, CA 93923

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Earn from this home

Sell

$1,404,817

Est. take-home

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Rent

$1,790/mo

Redfin rental estimate

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Market trends in 93923, CA

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

96.0%

+0.6% MoM

Median sale price

$2.2M

$154K MoM

Avg. days on market

75d

5 days MoM

Recently sold homes

1 MoM

New listings for sale

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EARLY ACCESS
$4,150,000
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See all

Provided by Redfin

Sale history for 38875 Palo Colorado Rd

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

Tax history for 38875 Palo Colorado Rd

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

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

Permits

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.

Property details

Interior

Bathroom Information
# of Full Baths: 1

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Building Style Type: U-Shape
Construction Type: Wood
Building Construction Quality: Average
Building Type: Single Family

Property Information
Living Sq. Ft: 1,109
# of Stories: 1
Legal Description: PAR 1 AS DESC R3122-433 EXHIBIT D 96 AC

Lot Information
# of Buildings: 2
Land Sq. Ft: 4,181,760
Acres: 96
County Use Description: RURAL IMPROVED 11+A

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,109
Stories: 1.0
Lot Size: 96 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: 1997
County: Monterey County
APN: 418011066000

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

K - 12
Preschool & daycare

Carmel River Elementary School

Public K-5 • Assigned • 11.6mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 11.0mi

7/10

Carmel High School

Public 9-12 • Assigned • 12.1mi

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

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°

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

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

Estimated sale price

$1.41M – $1.71M

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Home values near 38875 Palo Colorado Rd

Data from public records.

Address	Redfin Estimate
38857 Palo Colorado Road, Carmel, CA 2 Beds \| - Baths \| 615 Sq. Ft.	$719,277
38831 Palo Colorado Road, Carmel, CA 2 Beds \| 1 Baths \| 629 Sq. Ft.	$943,637
38817 Palo Colorado Road, Carmel, CA 1 Beds \| 1 Baths \| 1120 Sq. Ft.	$1,203,199
38747 Palo Colorado Road, Carmel, CA 4 Beds \| 2 Baths \| - Sq. Ft.	$1,931,471

Address	Redfin Estimate
38765 Palo Colorado Road, Carmel, CA 2 Beds \| 1 Baths \| 1145 Sq. Ft.	$1,114,783
1122 Palo Colorado Road, Carmel, CA 1 Beds \| 1.5 Baths \| 977 Sq. Ft.	$820,474
38749 Palo Colorado Road, Carmel, CA 4 Beds \| 4.5 Baths \| 2592 Sq. Ft.	$2,242,701

Address	Redfin Estimate
38741 Palo Colorado Road, Carmel, CA - Beds \| - Baths \| 400 Sq. Ft.	$1,063,709
38785 Palo Colorado Road, Carmel, CA 2 Beds \| 1 Baths \| 1261 Sq. Ft.	$1,108,588
38873 Palo Colorado Road, Carmel, CA 1 Beds \| 0.5 Baths \| 300 Sq. Ft.	$816,700

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About this home

Redfin Estimate

Earn from this home

Market trends in 93923, CA

Sale history for 38875 Palo Colorado Rd

Tax history for 38875 Palo Colorado Rd

Permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 93921

Home values near 38875 Palo Colorado Rd

More real estate resources