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Sold for $445,000
  • $445,000

    37855 Palo Colorado Rd, Carmel, CA 93923

    --beds
    --baths
    10Acres
    Residential Lot, Unimproved Land
    Built in ----
    10 Acres Lot
    $472,100 Zestimate®
    $--/sqft
    $2,793 Estimated rent

    Home value

    $472,100

    $364,000 - $590,000

    $2,793/mo

    Zestimate® history
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    What's special

    Stunning panoramic ocean views from this beautiful 10 acre property in the Palo Colorado community along the spectacular Big Sur Coastline. This is an easy to reach property that is only about 4.5 miles from Highway 1, and about 15 miles from Carmel. There was a small cabin on the property that was lost in the Soberanes fire in 2016 and the county has a streamlined and expediated permitting process, making this a fantastic opportunity to rebuild an ocean view home. Existing water tanks remain on the property, a PG&E power pole is directly accessible next to the water tanks, and a concrete septic tank is still in place. There is also an existing State Water Resources license for water use from Palo Colorado Creek. The property is approximately 2 miles down Greenridge Road which is a dirt road off of Palo Colorado. There is a shared gate for added privacy and security. The listing includes 2 separate 5 acre parcels for a total of 10 acres, including APN's 418-091-015 & 418-091-016. The forever ocean views are truly spectacular making this very special property the perfect place to build your coastal getaway!

    Zillow last checked: 8 hours ago

    Listing updated: January 29, 2026 at 06:21pm

    Listed by:

    Doug Toby 01239501 831-261-7374,

    KW Coastal Estates 831-622-6200

    Bought with:

    Doug Toby, 01239501

    KW Coastal Estates

    Source: MLSListings Inc,MLS#: ML82004409MLS Logo

    Facts & features

    Property

    Features
    • Fencing: Gate
    • Has view: Yes
    • View description: Mountain(s), Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 10 Acres
    • Features: Grade Varies
    Details
    • Additional structures: None
    • Parcel number: 418091016000
    • Zoning: RDR/40-D(CZ)
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Septic Tank

    Community & neighborhood

    Location
    • Region: Carmel

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    6/13/2025Sold$445,000+4%
    Source: MLSListings Inc #ML82004409 Report a problem
    6/9/2025Pending sale$428,000
    Source: MLSListings Inc #ML82004409 Report a problem
    5/8/2025Contingent$428,000
    Source: MLSListings Inc #ML82004409 Report a problem
    4/27/2025Listed for sale$428,000+11.2%
    Source: MLSListings Inc #ML82004409 Report a problem
    1/16/2002Sold$385,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,704 +3%$256,567 +2%
    2024$2,626 +0.5%$251,537 +2%
    2023$2,612 +3.4%$246,605 +2%

    Find assessor info on the county website

    Neighborhood: 93923

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: CarmelUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.