Sold for $460,000
$460,000
38250 Palo Colorado Rd, Carmel, CA 93923
--beds
--baths
5.1Acres
Residential Lot, Unimproved Land
Built in ----
5.1 Acres Lot
$-- Zestimate®
$--/sqft
$3,385 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,385/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
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.
Zillow last checked: 8 hours ago
Listing updated: January 29, 2026 at 07:28am
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#: ML81966488
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Forest/Woods, Mountain(s)
Lot
- Size: 5.10 Acres
- Features: Grade Varies
Details
- Additional structures: Sheds
- Parcel number: 418131024000
- Zoning: RDR/40(CZ)
- Special conditions: Standard
Utilities & green energy
- Sewer: Other
- Water: Well
Community & neighborhood
Location
- Region: Carmel
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $460,000-3.2% |
Source: | ||
| 12/20/2024 | Contingent | $475,000 |
Source: | ||
| 11/19/2024 | Listed for sale | $475,000 |
Source: | ||
| 11/2/2024 | Contingent | $475,000 |
Source: | ||
| 10/22/2024 | Price change | $475,000-4% |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,881 +3% | $464,798 +2% |
| 2024 | $4,741 +0.5% | $455,685 +2% |
| 2023 | $4,716 +3.4% | $446,750 +2% |
Find assessor info on the county website
Neighborhood: 93923
Nearby schools
GreatSchools rating
- NACaptain Cooper Elementary SchoolGrades: K-5Distance: 25.8 mi
- 7/10Carmel Middle SchoolGrades: 6-8Distance: 11.2 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 12.2 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.
