Sold for $950,000 · May 2024

SOLD

Listed at $1,100,000

Sold

37016 Palo Colorado Road, Carmel, CA 93923

Carmel, CA

MLS# ML81956750

850 Sq Ft • Single Family Home2bd • 1ba

39 days on market

Listing Agent

Alessia Ucelli

Listing Agent

Monterey Coast Realty

DRE #: 01896783

Brokerage: Monterey Coast Realty

Property Details

Bedrooms

Bathrooms

850 sqft

Square Feet

1950

Year Built

4.09 acres

Lot Size

$1,118

Price/Sq Ft

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Bring your own updates to this charming cabin in the woods. This 2 bed 1 bath cottage is the perfect retreat for those who seek tranquility amidst the majestic redwoods. Tucked away, this cozy cabin offers the perfect escape for either a romantic weekend getaway or a peaceful retreat in nature. Conveniently located just a 5-minute drive from Garrapatas Beach, and with Big Sur just a short drive away you'll have easy access to miles of pristine coastline. A seasonal creek runs through the lot, property includes lot 21, 20 and half of 19 bringing it to approximately 4.25 acres, with a very deep well and plenty of water. Ample walk-out basement with plenty extra storage space.

Listing description from the May 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling: None
Heating: Fireplaces
View: TreesWoods

Sale history for 37016 Palo Colorado Road

1 recorded sale

$950,000

Sold May 2024 · listed $1,100,000, on market March 2024, 39 days on market · MLS #ML81956750 · Source: CRMLS

Listing Agent: Alessia Ucelli · Listing Office: Monterey Coast Realty · Contact: (831) 624-2300 · Bought with: Alessia Ucelli · Monterey Coast Realty

How this sale compares

37016 Palo Colorado Road sold for $950,000 in May 2024, 14% under its $1,100,000 list price, after 39 days on the market. That works out to $1,118 per square foot on 850 square feet. Across 78 closed sales in 93923 over the last 12 months, the median sold price is $1,800,000 and the median is $974 per square foot, 13% below this sale's $1,118.

$1,118

This sale, per sq ft

$974

93923 median per sq ft (12 mo)

$1,800,000

93923 median sold price (12 mo)

Closed sales in 93923 (12 mo)

Days on market

−14%

Sold vs. list price

Quarter	Closed sales in 93923	Median sold price
Q1 2026	6	$2,502,500
Q2 2026	38	$1,835,000
Q3 2026	25	$1,559,000
Q4 2026	9	$1,099,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Carmel · Homes for sale in 93923

Recent sales near 37016 Palo Colorado Road

Closed sales reported in 93923, newest first, last 12 months. All recent sales in Carmel →

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CRMLS

MLS# ML81956750

Listed: 3/7/2024

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 5/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Monterey Coast Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.