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38250 Palo Colorado Road, Carmel, CA 93923

Property

38250 Palo Colorado Road, Carmel, CA 93923 Sold February 2025 CRMLS
$460,000Sold February 2025

Listing Agent: Doug Toby (DRE #01239501) · Listing Office: KW Coastal Estates · Contact: (831) 622-6200 · Bought with: Doug Toby · KW Coastal Estates · MLS #ML81966488 · Source: CRMLS

0
Bathrooms
222,156 sqft
Lot Size
Property
Type
Mountains, River, TreesWoods
View

About this property

Absolutely beautiful property filled with soaring old-growth redwoods, lush greenery, and two year-round creeks. This gorgeous and magical 5.1 acre parcel is easy to reach and is only 14 miles south of Carmel and only 3 miles from Scenic Hwy 1 on Palo Colorado Canyon. There is approximately 1000 feet of Rocky Creek river frontage along the south border of the parcel and the smaller Brandon Creek runs right through the middle of the property. There are several flat, usable areas, including a fantastic location to build your mountain dream home! Previous owners had received an approved combined development permit to build a 3200 square foot house, but they did not get the chance to build. There is an existing well on the property and the power lines are accessible at the street, so this is a fantastic opportunity for someone to pick up where the previous owners left off and build a fantastic mountain retreat that is only 20 minutes from town. Prior plans and reports are available.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$460,000
Sold February 2025 · listed $475,000, orig. $495,000, on market May 2024 · MLS #ML81966488 · Source: CRMLS
Listing Agent: Doug Toby · Listing Office: KW Coastal Estates · Contact: (831) 622-6200 · Bought with: Doug Toby · KW Coastal Estates
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