Set across approximately 8 private acres in the redwood-lined seclusion of Palo Colorado Canyon, this offering is being sold strictly for land value and redevelopment potential. The property currently has an active Monterey County code enforcement citation, and all existing structures are red-tagged and deemed uninhabitable by Monterey County. No structures may be occupied or used in their present condition. All improvements on site will require extensive permitting, compliance work, and County approvals to address violations. Buyers should expect a significant regulatory process, which may include full remediation, reconstruction, or complete demolition of existing structures, subject to County requirements. The property is best suited for experienced investors, contractors, or buyers prepared to navigate Monterey Countys planning and building departments. The land itself offers a rare combination of privacy, natural beauty, and multiple usable areas beneath mature redwoods, creating long-term potential for a future residence or retreat once approvals are obtained. Buyer to independently verify all development possibilities, permitting pathways, timelines, and costs with Monterey County.
For sale
$1,395,000
38109 Palo Colorado Rd, Carmel, CA 93923
1beds
513sqft
Est.:
Single Family Residence, Residential
Built in 1989
7.9 Acres Lot
$-- Zestimate®
$2,719/sqft
$-- HOA
What's special
- 257 days |
- 6,139 |
- 233 |
Zillow last checked: 8 hours ago
Listing updated: February 25, 2026 at 12:06am
Listed by:
Gianna Rose 02084955 831-597-2240,
Compass 831-318-0150
Source: MLSListings Inc,MLS#: ML82011593
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Utility Room
Bedroom
- Features: LoftBedroom
Bathroom
- Features: OutsideAccess, StallShower, Tile
Dining room
- Features: DiningBar, NoFormalDiningRoom
Family room
- Features: KitchenFamilyRoomCombo
Heating
- Wood Stove, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Cooktop, Refrigerator
- Laundry: None
Features
- One Or More Skylights, Open Beam Ceiling, Security Gate
- Flooring: Carpet, Stone, Wood
- Number of fireplaces: 1
- Fireplace features: Living Room, Outside, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 513
- Total interior livable area: 513 sqft
Property
Parking
- Parking features: Guest, Parking Area, Oversized
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Barbecue, Storage Shed Structure, Drought Tolerant Plants
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 7.9 Acres
Details
- Additional structures: MiscellaneousStructures, Sheds
- Parcel number: 418131019000
- Zoning: RES ACG
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Yurt
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Gas: Generator, Other
- Utilities for property: Other
Community & HOA
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $2,719/sqft
- Tax assessed value: $463,456
- Annual tax amount: $4,867
- Date on market: 6/19/2025
- Listing agreement: ExclusiveRightToSell
Estimated market value
Not available
Estimated sales range
Not available
$2,930/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2025 | Price change | $1,395,000-6.7%$2,719/sqft |
Source:  MLSListings Inc #ML82011593 Report a problem | ||
| 7/5/2025 | Listed for sale | $1,495,000$2,914/sqft |
Source: MLSListings Inc #ML82011593 Report a problem | ||
| 7/1/2025 | Contingent | $1,495,000$2,914/sqft |
Source: MLSListings Inc #ML82011593 Report a problem | ||
| 6/19/2025 | Listed for sale | $1,495,000+367.2%$2,914/sqft |
Source: MLSListings Inc #ML82011593 Report a problem | ||
| 7/3/2002 | Sold | $320,000$624/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,867 +3% | $463,456 +2% |
| 2024 | $4,727 +0.5% | $454,369 +2% |
| 2023 | $4,703 +3.4% | $445,460 +2% |
| 2022 | $4,548 +1% | $436,726 +2% |
| 2021 | $4,503 +2.2% | $428,163 +1% |
| 2020 | $4,407 +1.9% | $423,773 +2% |
| 2019 | $4,322 +1.9% | $415,464 +2% |
| 2018 | $4,243 +2.1% | $407,318 +2% |
| 2017 | $4,155 +1.6% | $399,332 +2% |
| 2016 | $4,089 +2.5% | $391,502 +1.5% |
| 2015 | $3,991 | $385,622 +2% |
| 2014 | $3,991 | $378,069 +2.5% |
| 2012 | -- | $368,982 +2% |
| 2011 | -- | $361,748 +0.8% |
| 2010 | -- | $359,045 -0.2% |
| 2009 | -- | $359,898 +2% |
| 2008 | -- | $352,842 +2% |
| 2007 | -- | $345,924 +2% |
| 2006 | -- | $339,142 +2% |
| 2005 | -- | $332,493 +2% |
| 2004 | -- | $325,974 +1.9% |
| 2003 | -- | $320,000 +172.8% |
| 2002 | -- | $117,298 +2% |
| 2001 | $1,163 | $114,999 +2% |
| 2000 | -- | $112,744 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,161/mo
Principal & interest
$6882
Property taxes
$1279
Climate risks
Neighborhood: 93923
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 9/10Carmel River Elementary SchoolGrades: K-5Distance: 11.5 mi
- 7/10Carmel Middle SchoolGrades: 6-8Distance: 11.1 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 12.1 mi
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.
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