Carmel, CA 93923,38250 Palo Colorado Road
Listed by Doug Toby • KW Coastal Estates
Bought with Doug Toby • KW Coastal Estates

$460,000

$475,000

3.2%
Est.Price: ?

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Est. payment /mo

222,156 SqFt


SOLD DATE : 02/18/2025

Key Details

Sold Price $460,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Square Footage 222,156 sqft

Price per Sqft $2

MLS Listing ID ML81966488

Sold Date 02/18/25

HOA Y/N No

Originating Board Datashare MLSListings

Lot Size 5.100 Acres

Property Sub-Type Unimproved Land

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

Interior

Fireplace No

Exterior

View Mountain(s)

Building

Lot Description Horses Possible

Schools

School District Carmel Unified, Carmel Unified

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