8 months on rocket

38621 Palo Colorado Rd, Carmel, CA, 93923

$1,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,721 SqFt
$869/SqFt
House

Location

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38621 Palo Colorado Rd, Carmel$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Garage2 spaces
Year Built1962
HeatingCentral
CoolingNone
FireplaceGas Starter, Wood Burning
MLS #ML81957938
Lot Size18.97 Acres
StatusActive

About 38621 Palo Colorado Rd

Welcome to this exceptional Big Sur retreat nestled within the enchanting Palo Colorado Canyon, spanning 19 acres of pristine land with a picturesque creek meandering through. Just a brief ten-minute drive from Highway 1, accessibility is effortless via a completely paved road, ensuring year-round convenience and ease of access. Upon entry, the rustic ambiance envelops you with open beam ceilings, a cozy fireplace, and captivating canyon vistas visible from nearly every room, instilling a sense of tranquility and warmth. The primary suite, located upstairs, offers panoramic views, providing an intimate sanctuary for relaxation and rejuvenation. Step onto the back deck to discover a jacuzzi tub, inviting you to unwind beneath the starry sky and immerse yourself in the natural serenity. Tucked discreetly away from the main residence, two guest cabins offer a secluded retreat reminiscent of a tranquil treehouse escape, perfect for hosting visitors or seeking solitude. The sacredness of the land permeates the surroundings, creating an atmosphere of reverence and tranquility throughout the estate. Don't miss this extraordinary opportunity to own a slice of Big Sur's pristine beauty and experience ultimate central coast living.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2
  • Living Area: 1,721 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (831) 318-0150
  • Listing Agent: Gianna Malfitano

Interior Features

Interior Information:

  • Appliances: Freezer, Gas Cooktop, Microwave, Refrigerator
  • Flooring Type: Carpet, Wood
  • Interior: Breakfast Bar
  • Fireplace: Gas Starter, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 18.97 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Turn onto Palo Colorado from Highway 1. Follow the road for about 10 mins until you reach the for sale sign. Cross Street: Highway 1

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $869/SqFt

Tax Information:

  • Annual Amount: $7,254
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Carmel, CA.

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Carmel, CA

City

Med. Sold Price

$1.8M

Med. Price/SqFt

$900

Avg. Days On Market

67

# of Sold Homes

25

38621 Palo Colorado Rd vs Carmel

243 DAYS ON ROCKET

+176 Days

$1,495,000

-$305K Less

$869/SqFt

-$31 Less

KEY TAKEAWAY

This property is $305K less than the Median Sold Price and $31/SqFt less than other homes in Carmel, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81957938

Listing Office:

  • Office Name: Compass
  • Office Phone: (831) 318-0150
  • Listing Agent: Gianna Malfitano

IDX 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: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2000Home Sold
$495,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,254$689,072
2019$6,836$668,635

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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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.

Nearby Schools

school-card-donut-552339
8
/10

  • Tularcitos Elementary School

  • 35 Ford Rd

  • 10.00 miles

  • Public District Grades KG-5

school-card-donut-552340
7
/10

  • Carmel River Elementary School

  • Monte Verde St and 15th Ave

  • 11.92 miles

  • Public District Grades KG-5

school-card-donut-552341
7
/10

  • Washington Elementary School

  • 340 Corral De Tierra Rd

  • 13.29 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,947. The majority of Carmel, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38621 Palo Colorado Rd

What is the listing price of this property?

The listing price of 38621 Palo Colorado Rd property is $1,495,000.

What type of property is this?

The property 38621 Palo Colorado Rd is a house located in Carmel, California, 93923.

Is this property for sale now?

Active Listing: 38621 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 $7,254 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 21, 2000 for $495,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 38621 Palo Colorado Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 38621 Palo Colorado Rd is 1,721 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 38621 Palo Colorado Rd is 1962.

Rocket Homes›California›Monterey County›Carmel›93923›38621 Palo Colorado Rd

This home is located at 38621 Palo Colorado Rd in Carmel, CA and zip code 93923. This 1,721 square foot home, which was built in 1962, sits on a 18.97 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $1,495,000.

In October 2024 more than 1 listings in Carmel, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 19 were sold below. The inventory of homes for sale in Carmel, CA between September 2024 and October 2024 increased by 1.8%. While the average time on the market in October 2024 was 67 days, the median list price was $1,800,000.

From Rocket Homes Real Estate and based on county public records data.

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