For Sale22d on market
38875 Palo Colorado Rd
Carmel, CA, 93923 • 93923 • Monterey County
$1,250,000
$1838/sqft
Down payment assistance available
1Beds
1Baths
680Sqft
96 acLot
1997Built
This home is getting attention
Listed 22 days ago · 2,638 views · 87 saves
Market activity
Demand and pricing signals for this listing
2,638 views
People checking out this listing
87 saves
Buyers have saved this home
22 days on market
Recently listed
$1,838/sqft
Price per square foot
About this home
Single Family · Built 1997
TWIN PEAKS RESERVE: This rare 96 acre Big Sur wild land is situated at one of the highest points on the Big Sur coast on the northern Santa Lucia Mountain Range: With 180 degree ocean views this remote and very private property has direct access to the Ventana Wilderness, the Los Padres National Forest and the Palo Corona Biological Preserve. High above the fog and the redwood canyons flowing down to the wide blue Pacific there are views southwest across the forested mountain wilderness to Pico Blanco and the Big Sur River watershed. There is easy access from a County Road off Hwy 1 onto a private gated well maintained unpaved road. It's a little over an hour from Carmel and the Monterey airport to your fully equipped off grid solar guest cottage. ( Shorter with a personal Joby Avaition eVTOL air taxi coming soon) Excellent spring water with 10,000 gallons storage that gravity feeds to the guest cottage and main house site. The original house site is ready for redevelopment as it was destroyed in the Soberanes fire of 2016 There is an additional 102 acre contiguous parcel of land available for sale
Estimated monthly payment
Based on current rates
$7,871/month
Principal & Interest$6,205
Property Tax$1,250
Insurance$417
Down payment20% ($250,000)
3%50%
Est. 6.32% rate · 30yr fixed · $1,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence, Residential
Year Built1997
HeatingElectric
CoolingNone
ParkingGuest, Oversized
Lot96 Acres
Days on Zillow22 Days
Price/sqft$1,838
Property
Home typeSingle Family
Sub-typeSingle Family Residence, Residential
Year built1997
Systems
HeatingElectric
CoolingNone
RoofComposition
Water / SewerSpring / Septic Tank
Parking & Outdoor
ParkingGuest, Oversized
Lot96 Acres
Location & Tax
Neighborhood93923
ZoningCZ/40
Annual tax$7,100
Parcel418011066000
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Heating
Electric
Cooling
None
Exterior Features
Parking
Guest
Oversized
Utilities
Propane
Solar
Gas
PropaneOnSite
Room details
2 rooms detailed
Dining Room
FormalDiningRoom
Family Room
NoFamilyRoom
Listing insights
Market data and value estimates
StatusFor Sale
Days on market22
Est. rent$3,356/mo
Tax rate1.10%
Price/sqft$1838
On marketMar 16, 2026
PostedMar 16, 2026
MLS updatedMar 16, 2026
Tour days9
Views2,638
Favorites87
How are the schools in Carmel?
3 schools rated nearby
Location
Carmel, CA, 93923
Price history
1 event
DateEventPrice$/sqftSource
Mar 16, 2026Listed For Sale$1,250,000$1,838MLSListings Inc
Listed For Sale$1,250,000
Mar 16, 2026•$1,838/sqft•MLSListings Inc
Tax history
20 years of records
YearTax paidAssessed value
Apr 8, 2025$7,100$675,000
Apr 8, 2024$12,498$1,202,552
Apr 8, 2023$12,433$1,178,973
Apr 8, 2022$12,024$1,155,857
Apr 8, 2021$5,484$520,000
Apr 8, 2020$11,651$1,121,575
Apr 8, 2019$11,428$1,099,585
Apr 8, 2018$11,217$1,078,025
Apr 8, 2017$10,985$1,056,888
Apr 8, 2016$15,919$1,527,469
Apr 8, 2015$15,536$1,504,526
Apr 8, 2014$15,536$1,475,056
Apr 8, 2012—$1,439,599
Apr 8, 2011—$1,411,372
Apr 8, 2010—$1,400,824
Apr 8, 2009—$1,404,153
Apr 8, 2008—$1,376,622
Apr 8, 2007—$1,349,630
Apr 8, 2006—$1,323,167
Apr 8, 2005—$1,297,223
Nearby homes
Neighborhood details
Local context around this listing
Carmel, CA • Monterey County
Nearby cities
Carmel-by-the-SeaGreenfieldKing CityMarinaMontereyPacific GroveSalinasSeaside
Nearby zip codes
939219392293923
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Based on information from the MLSListings MLS as of 2026-04-08 01:31:09 PDT. 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. Properties may or may not be listed by the office/agent presenting the information.
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