Recently Listed Open House 12/6 1pm - 3pm
Palou NW of Casanova
Carmel, CA, 93921 $ 5,850,000
Bedrooms4 Baths3.0 Sq 3,074 Monthly Estimate*
$ 36,496
for $5,850,000 with 4 bedrooms and 3 full baths. This 3,074 square foot home was built in 1954 on a lot size of 0.2218.
Welcome home to Cheerio Tipp and The Little House--a legacy property in Carmel-by-the-Sea, offered for the first time in generations. This rare opportunity includes two houses on separate lots, totaling 9,663 sq ft, with individual parcel numbers and utilities. The larger Cheerio Tipp is rich in charm and lore. The family owned the first television in the neighborhood; friends and neighbors often gathered around to enjoy. On the main level, vaulted ceilings and old-growth redwood interiors create a warm, inviting atmosphere. Period details remain throughout--including a built-in pipe rack, a hidden safe, and cleverly concealed storage closets. A primary suite, spacious great room, eat-in kitchen, and loft with peeks of the Pacific complete this floor. Downstairs offers a full laundry room, guest suite, and two-car garage. Next door, "The Little House" sits on a 4000 sq ft lot and includes two bedrooms, one bath, a cozy living room with fireplace, and a generous deck. Both homes enjoy Carmel stone patios, garden space, and spots to sip morning coffee or dine al fresco. Just blocks from downtown shops, restaurants, galleries, and Carmel's white sand beaches, this is a rare chance to continue a cherished legacy and become the next custodian of an extraordinary double-lot property.
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Open House
12/6/2025 1:00 PM - 3:00 PM
Palou NW of Casanova Carmel, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 3074
Sewer Public Sewer
Heating Forced Air
Roof Composition Shingle
Zoning R-1
Garage Spaces 2
Year Built 1954
Property Subtype Single Family Residence
County Monterey
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions From Ocean Ave and Monte Verde St head north on Monte Verde St then make a left on Palou Ave. (Palou is located immediately after the stop at 4th Ave.) Stay on Palou past Casanova house is on the left at the crest of the hill. Cross Street: Monte Verde St
City Carmel
High School District Carmel Unified
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 9663
Property Attached Y/N false
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
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InteriorFlooring Tile Wood
Fireplace Features Living Room Wood Burning
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N true
Total Bedrooms 4
Total Baths 3
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ExteriorParking Features Off Street
Water Source Public
Total Parking 4
Lot Size Area 9663
Lot Size Acres 0.2218
Lot Size Source Other
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* Excluded FeaturesList Bystaplesgannaway@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,496
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Carmel, CA
Average List Price $5,523,238
Percent of Sale Price 6%
About Carmel, CA 12,685 Population
1% Since 2002
$ 101,353 Median Income
59.8 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $5,850,000 | | Listed Price |