SOLD OCT 6, 2025

Off Market Oct 2025 for $225K

$551,344

Est. refi paymentEst. refi $1,458/mo

Land

•

5.00

acres (lot)

37811 Palo Colorado Rd, Carmel, CA 93923

About this home

HUGE PRICE REDUCTION: Set upon an ocean view forested ridge, the foundation is in place for a new ultra-modern home, designed and manufactured by Stillwater Dwellings. It is ready to be shipped and assembled on-site. County permits are current. Water and septic are already developed and the property is ready to build your off-grid Big Sur dream home. Just over 2 miles from Hwy 1, and less than 30 minutes to Carmel, this 5 acre parcel is in the Green Ridge community very close to the Mid Coast Fire Station. The property is accessed via paved County Palo Colorado Road, then up the private Greenridge gravel road. The expertly crafted 875 sq ft. pre-fabricated home is sustainably designed with a distinctive sense of place in tune to sit perfectly within the wooded knoll location. The 5 secluded acres have oak trees, stately madrone trees, and California lilacs and the land looks out across the redwood canyons below to the Pacific Ocean. Year round Palo Colorado creek runs through the property that spans a ridge with multiple spots ripe for improvement.

Vacant landProperty Type

5 acresLot Size

$110,269Price/Acres

Listed by Hillary Lipman •DRE #00923925 • Big Sur Coast Properties

Contact: 831-596-4607

Bought with Hillary Lipman •DRE #00923925 • Big Sur Coast Properties

Redfin checked: a few seconds ago

•Source:MLSListings #ML82012019

Redfin Estimate

$551,344

$326K since sold in October 2025$474K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 70.8% lower than the average sale price ($1.89M) of 6 comparable homes.

SOLD JUL 23, 2026
$1,100,000
A
2 beds2.5 baths1,440 sq ft
13330 Middle Canyon Rd, Carmel Valley, CA 93924
SOLD JUN 22, 2026
$1,500,000
B
2 beds2 baths1,131 sq ft
62 E Carmel Valley Rd Unit B, Carmel Valley, CA 93924
SOLD MAY 26, 2026
$2,687,500
C
3 beds2 baths1,822 sq ft
11 Yankee Point Dr, Carmel, CA 93923
SOLD MAR 27, 2026
$940,000
D
2 beds1.5 baths1,346 sq ft
18 Camino De Travesia, Carmel Valley, CA 93924
SOLD JUL 28, 2026
$3,225,000
E
3 beds2 baths1,649 sq ft
0 NE Corner of Santa Rita & 3rd, CARMEL, CA 93921
SOLD DEC 15, 2025
$1,875,000
F
2 beds2 baths1,640 sq ft
265 Nido Way, Carmel Valley, CA 93924

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$344,784

Est. take-home

List your home with Redfin and save $2,757

Market trends in 93923, CA

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.4%

0.1% MoM

Median sale price

$2.5M

$171K MoM

Avg. days on market

19d

10 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 1PM TO 4PM
$2,599,000
3 beds2 baths1,992 sq ft
32680 Coast Ridge Dr, Carmel, CA 93923
NEW 34 HRS AGO
$2,530,000
4 beds3.5 baths3,198 sq ft
10483 Fairway Ln, Carmel, CA 93923
$1,995,000
3 beds2 baths2,305 sq ft
26655 Pancho Way, Carmel, CA 93923
$2,195,000
3 beds2 baths1,903 sq ft
27550 Schulte Rd, Carmel, CA 93923
OPEN SUN, 1PM TO 3PM
$2,650,000
4 beds3 baths3,070 sq ft
9845 Palisade Dr, Carmel, CA 93923
OPEN SUN, 2PM TO 4PM
$1,800,000
Studio1 bath423 sq ft
24752 San Carlos St, Carmel, CA 93923
EARLY ACCESS
$3,695,000
2 beds3 baths2,459 sq ft
7086 Valley Greens Cir, Carmel, CA 93923
EARLY ACCESS
$15,950,000
4 beds6 baths5,528 sq ft
493 Aguajito Rd, Carmel, CA 93923
$955,000
2 beds2 baths1,350 sq ft
62 Del Mesa Carmel, Carmel, CA 93923
OPEN SUN, 10:30AM TO 1:30PM
$1,285,000
3 beds2 baths1,835 sq ft
37 Del Mesa Carmel, Carmel, CA 93923
See all

Provided by Redfin

Sale history for 37811 Palo Colorado Rd

Date

Event

Price

MLSListings #ML82012019

Oct 6, 2025

Sold

$225,000

Oct 6, 2025

Sold

$225,000

Sep 25, 2025

Pending

—

Sep 25, 2025

Pending

—

Aug 8, 2025

Price Changed

$399,000

Aug 8, 2025

Price Changed

$399,000

Jun 22, 2025

Listed

$495,000

Jun 22, 2025

Listed

$495,000

HUGE PRICE REDUCTION: Set upon an ocean view forested ridge, the foundation is in place for a new ultra-modern home, designed and manufactured by Stillwater Dwellings. It is ready to be shipped and assembled on-site. County permits are current. Water and septic are already developed and the property is ready to build your off-grid Big Sur dream home. Just over 2 miles from Hwy 1, and less than 30 minutes to Carmel, this 5 acre parcel is in the Green Ridge community very close to the Mid Coast Fire Station. The property is accessed via paved County Palo Colorado Road, then up the private Greenridge gravel road. The expertly crafted 875 sq ft. pre-fabricated home is sustainably designed with a distinctive sense of place in tune to sit perfectly within the wooded knoll location.The 5 secluded acres have oak trees, stately madrone trees, and California lilacs and the land looks out across the redwood canyons below to the Pacific Ocean. Year round Palo Colorado creek runs through the property that spans a ridge with multiple spots ripe for improvement.

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81904151

Jun 22, 2025

Listing Removed

—

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81936232

Jun 22, 2025

Listing Removed

—

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81114577

Nov 22, 2011

Sold

$425,000

Nov 22, 2011

Sold

$425,000

Aug 15, 2011

Pending

—

Jul 22, 2011

Price Changed

$495,000

Jul 4, 2011

Price Changed

$575,000

Apr 4, 2011

Listed

$589,000

Apr 4, 2011

Listed

$495,000

MLSListings #ML80437910

May 6, 2005

Sold

$730,000

May 6, 2005

Sold

$730,000

Mar 10, 2005

Listing Removed

—

Dec 22, 2004

Listed

$745,000

Dec 22, 2004

Listed

$745,000

Public Records

Oct 31, 2000

Sold

$314,500

Public Records

Nov 20, 1989

Sold

$85,000

Year

Property tax

Land + Additions

Assessment*

2025

$4,952 (+3.0%)

$471,013

2024

$4,810 (+0.5%)

$471,013

2023

$4,785 (+3.4%)

$461,778

2022

$4,628 (+1.0%)

$452,724

2021

$4,582 (+2.2%)

$443,848

2020

$4,484 (+1.9%)

$435,146

2019

$4,399 (+1.9%)

$430,685

2018

$4,318 (+2.1%)

$422,241

2017

$4,229 (−10.5%)

$405,846

2016

$4,725 (+1.4%)

$405,846

2015

$4,660 (+1.1%)

$397,889 + $53,050

$450,939

2014

$4,611 (+2.0%)

$384,236 + $51,231

$435,467

2013

$4,520 (+1.4%)

$384,236 + $51,231

$435,467

2012

$4,456 (−29.1%)

$382,500 + $51,000

$433,500

2011

$6,289 (−23.6%)

$375,000 + $50,000

$425,000

2010

$8,229 (−0.3%)

$761,596 + $32,638

$794,234

2009

$8,255 (+2.4%)

$755,905 + $32,395

$788,300

2008

$8,064

$757,701 + $32,472

$790,173

Tax history for 37811 Palo Colorado Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,952 (+3.0%)

$471,013

2024

$4,810 (+0.5%)

$471,013

2023

$4,785 (+3.4%)

$461,778

2022

$4,628 (+1.0%)

$452,724

2021

$4,582 (+2.2%)

$443,848

2020

$4,484 (+1.9%)

$435,146

2019

$4,399 (+1.9%)

$430,685

2018

$4,318 (+2.1%)

$422,241

2017

$4,229 (−10.5%)

$405,846

2016

$4,725 (+1.4%)

$405,846

2015

$4,660 (+1.1%)

$397,889 + $53,050

$450,939

2014

$4,611 (+2.0%)

$384,236 + $51,231

$435,467

2013

$4,520 (+1.4%)

$384,236 + $51,231

$435,467

2012

$4,456 (−29.1%)

$382,500 + $51,000

$433,500

2011

$6,289 (−23.6%)

$375,000 + $50,000

$425,000

2010

$8,229 (−0.3%)

$761,596 + $32,638

$794,234

2009

$8,255 (+2.4%)

$755,905 + $32,395

$788,300

2008

$8,064

$757,701 + $32,472

$790,173

*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

5 Acres

Year renovated

1994

Sq. Ft.

450

Year built

1994

Style

Single Family Residential

County

Monterey County

APN

418091004000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

Property details

Exterior

Exterior Features
View: Mountains, Ocean, Panoramic

Building Information
Subclass: Residential Development Land

Property Information
Development Status: Approved Building Plan, Building Permits Issued, Have Building Permits, Improvements (Other), Site Plan
Ownership Type: Trust
Present Use: Under Construction, Vacant
Property Primary ID: 429945

Lot Information
Lot Acres: 5
Lot Description: Grade (Hillside), Grade (Sloped Down), Stream (Year Round), Views
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: CRZ/40

Financial

Tax/Assessment Information
City Transfer Tax: No

Utilities

Utility Information
Sewer Septic: Existing Septic
Utilities: Other (See Remarks)

Water Information
Water: Private/Mutual, Spring

Location

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

Location Information
Directions: Contact Listing Agent. Listing Agent must accompany all showings

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 450
Stories: 2.0
Lot Size: 5 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 1994
County: Monterey County
APN: 418091004000

Home facts updated by county records on Jul 16, 2026

Other

Miscellaneous Information
Incorporated: No

Around this home

Schools

Carmel River Elementary School

Public K-5 • Assigned • 11.0mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 10.5mi

7/10

Carmel High School

Public 9-12 • Assigned • 11.6mi

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

15 hot days expected this year, 15 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

$524,000 – $635,000

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$2,195,000

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27550 Schulte Rd, Carmel, CA 93923

OPEN SUN, 1PM TO 3PM

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OPEN SUN, 2PM TO 4PM

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EARLY ACCESS

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EARLY ACCESS

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4 beds6 baths5,528 sq ft

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Home values near 37811 Palo Colorado Rd

Data from public records.

Address	Redfin Estimate
37775 Palo Colorado Road, Carmel, CA 2 Beds \| 2 Baths \| 900 Sq. Ft.	$1,098,042
37835 Palo Colorado Road, Carmel, CA 1 Beds \| 1 Baths \| 672 Sq. Ft.	$1,224,115

Address	Redfin Estimate
37783 Palo Colorado Road, Carmel, CA 2 Beds \| 1 Baths \| 636 Sq. Ft.	—
37851 Palo Colorado Road, Carmel, CA - Beds \| - Baths \| 286 Sq. Ft.	$998,998

Address	Redfin Estimate
37791 Palo Colorado Road, Carmel, CA - Beds \| 1 Baths \| 1132 Sq. Ft.	$2,601,606
37859 Palo Colorado Road, Carmel, CA 1 Beds \| 1 Baths \| 957 Sq. Ft.	$1,012,937

Property information provided by MLSListings when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 93923, CA

Sale history for 37811 Palo Colorado Rd

Tax history for 37811 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 37811 Palo Colorado Rd

More real estate resources