38805 Palo Colorado Road Carmel, CA $ 1,500,000
38805 Palo Colorado Road
$ 1,500,000
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38805 Palo Colorado Road

Carmel, CA, 93923
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,358

38805 Palo Colorado Road, Carmel, CA 93923 - Image 1
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Studio

Lots and Land for sale in Carmel, CA

for $1,500,000. The lot size is 120.

This 120 acre parcel in the upper Garrapatos watershed is a pristine, private mountain sanctuary with an abundance of pure spring water and extraordinary views of the Santa Lucia mountains, sacred Pico Blanco, the Palo Colorado ridges, and the immense Pacific Ocean. With it's amazing flora and fauna of bobcats, foxes, deer, eagles, hawks and more, it's like having one's own small game reserve. Night time descends with a myriad of stars and low white clouds, like small waves slowly moving up into the canyons and valleys creating small islands of the surrounding peaks. Access to the land is from the Hoist at the top of Palo Colorado road which branches off from Highway One, thirteen miles south of Carmel and it's excellent amenities. A gated private road leads up to the property past redwoods, madrones, and oak trees, exuding the smell of the lush vegetation so unique to the area. A building site has been graded as well. This is a rare nature lover's sanctuary "far from the madding crowd" to quote Thomas Hardy...a rarity in our increasingly crowded world.

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Lots and Land Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

120

Town/City

Carmel

County/Region

Monterey

MLS | Web ID

ML82019607

Features
General
Zoning Rura
Property Subtype Unimproved Land
County Monterey
Property Type Land
HOA N
Status Active
City Carmel
High School District Carmel Unified
MLS Area Listing
Lot Size Square Feet 5227200
Standard Status Active
Elementary School District Carmel Unified
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Exterior
Lot Features Horses Possible
Water Source Spring Shared Well
Lot Size Area 120
Lot Size Acres 120
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Internal Only
Street Number 1 38805
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* Excluded Features
List By
Michael Gilson

Listing Agent

Coldwell Banker Realty

Broker

mike@bigsurrealestate.com

Email

Affordability Calculator

$9,358
Per Month
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Monthly Principal & Interest
$9,358
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4060316 Elementary School
4060315 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2025$1,500,000 Listed Price

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38805 Palo Colorado Road, Carmel, CA, 93923 is a Lots and Land for sale at $1,500,000 with a lot size of 120. 38805 Palo Colorado Road is a studio with 0.0 baths. The property's zip code is 93923 which is in Carmel, CA