38250 Palo Colorado RD, Carmel, CA 93923
$460,000
$475,000
3.2%
Est.Price: ?

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5.1 Acres Lot

38250 Palo Colorado RD Carmel, CA 93923

Est. payment /mo
SOLD DATE : 02/18/2025

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Key Details

Sold Price $460,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81966488

Sold Date 02/18/25

HOA Y/N No

Lot Size 5.100 Acres

Property Description

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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning RDR/40(CZ)

Interior

Fireplace No

Exterior

Fence None

View Y/N Yes

View Mountain(s), River, Trees/Woods

Present Use Recreational

Building

Sewer Other

Water Well

Schools

School District Carmel Unified

Others

Tax ID 418131024000

Financing Seller Financing

Special Listing Condition Standard

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Listed by Doug Toby KW Coastal Estates #01239501
Bought with Doug Toby KW Coastal Estates
Jessica Lam

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