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$460,000
$475,000 3.2%
Est. payment /mo
5.1 Acres Lot
Sold on 02/18/2025
38250 Palo Colorado RD Carmel, CA 93923
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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

Listed by Doug Toby • KW Coastal Estates
Bought with Doug Toby • KW Coastal Estates
Bought with Doug Toby • KW Coastal Estates