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.
Property Details
Property Features
Listing Office:
Office Name: KW Coastal Estates
Office Phone: (831) 622-6200
Listing Agent: Doug Toby
Exterior Features
Exterior Information:
View: Mountain(s), River, Trees/Woods
Lot Features
Lot Information:
Lot Size: 5.10 Acres
Other
Directions Information:
Directions: 3 miles up Palo Colorado from Hwy 1 - about 1/2 mile past the fire station. Cross Street: Hwy 1
Price Information
Listing Price Info
Price Summary:
List Price: $475,000
Tax Information:
Annual Amount: $4,516
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Carmel, CA.
This property is $1.3M less than the Median Sold Price in Carmel, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81966488
Listing Office:
Office Name: KW Coastal Estates
Office Phone: (831) 622-6200
Listing Agent: Doug Toby
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 15, 2019
Jul 15, 2019Home Sold
$425,000
Jan 30, 2004
Jan 30, 2004Home Sold
$300,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,516
$429,403
2020
$4,419
$425,000
2019
$4,237
$414,887
2018
$4,149
$406,752
2017
$4,149
$398,777
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Tularcitos Elementary School
35 Ford Rd
Distance between this listing and this school10.25 miles
Public District Grades KG-5
7
/10
Carmel River Elementary School
Monte Verde St and 15th Ave
Distance between this listing and this school11.58 miles
Public District Grades KG-5
7
/10
Washington Elementary School
340 Corral De Tierra Rd
Distance between this listing and this school13.45 miles
Public District Grades 4-5
Nearby Schools
8
/10
Carmel Middle School
4380 Carmel Valley Rd
Distance between this listing and this school11.24 miles
Public District Grades 6-8
6
/10
Bay View Academy
222 Casa Verde Way
Distance between this listing and this school15.21 miles
Public Charter Grades KG-8
7
/10
Monterey Bay Charter
1004 David Ave
Distance between this listing and this school15.87 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Carmel Valley High School
27335 Schulte Rd
Distance between this listing and this school10.50 miles
Public District Grades 9-12
9
/10
Carmel High School
3600 Ocean Ave
Distance between this listing and this school12.25 miles
Public District Grades 9-12
8
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school14.91 miles
The neighbors living near this home have an average income of $88,947. Typical income of Carmel, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 38250 Palo Colorado Rd
What is the listing price of this property?
The listing price of 38250 Palo Colorado Rd property is $475,000.
What type of property is this?
The property 38250 Palo Colorado Rd is land located in Carmel, California, 93923.
Is this property for sale now?
Active Listing: 38250 Palo Colorado Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,516 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 15, 2019 for $425,000. (source: MLS/tax record).
How much acreage is this property?
The property 38250 Palo Colorado Rd is 5.10 acres.
Interested in 38250 Palo Colorado Rd? Let's connect.
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This home is located at 38250 Palo Colorado Rd in Carmel, CA and zip code 93923. This home sits on a 5.10 acre lot. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $475,000.
Over 3 listings were sold over their listed price in November 2024 in Carmel, CA. In the same period over 12 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Carmel, CA decreased by 8% between October 2024 and November 2024. In November 2024 median list price was $1,800,000 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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