37305 Highway 1 Carmel, CA ^$ 3,499,999

37305 Highway 1

^$ 3,499,999

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37305 Highway 1

Carmel, CA, 93923

^$ 3,499,999

Bedrooms1 Baths1.0 Sq 1,221

Monthly Estimate*

^$ 21,835

Listed by Carmel Realty Company

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Single Family Home for sale in Carmel, CA

for $3,499,999 with 1 bedroom and 1 full bath. This 1,221 square foot home was built in 1938 on a lot size of 15.54.

Just past Palo Colorado Road on Highway 1, sits over 15 acres of iconic Big Sur coastline, pastureland and the old Palo Colorado Canyon schoolhouse. Its a place for cool morning walks along the cliffs and sunset meditation. From the bluff above, the quaint schoolhouse has stunning views that feed the imagination with inspiration and renewal. Inside the one bedroom, one and half bathroom rental, this 1,221 square foot schoolhouse maintains its rustic charm with open beamed ceilings, a free-standing fireplace and the line of windows that frame the unmatched beauty of this wild coast. Big Sur has its way of filling both heart and soul and this is a once in a life time opportunity to own a piece of the ultimate California dream.

Single Family Contingent

Price

^$ 3,499,999

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

15.54

Year Built

1938

Town/City

Carmel

County/Region

Monterey

MLS | Web ID

ML81958955

Days on Market

633

Features

General

Living Area 1221

Heating Fireplace(s) Wall Furnace

Cooling None

Possession Close Of Escrow

Roof Composition

Appliances Refrigerator

Zoning WSC/40-D(CZ)

Garage Spaces 2

Construction Materials Stucco

Year Built 1938

View Mountain(s) Ocean

Property Subtype Single Family Residence

County Monterey

New Construction 0

Property Type Residential

HOA 0

Attached Garage 0

Garage Y/N 1

Full Baths 1

Special Listing Conditions Standard

Status Active Under Contract

Directions Cross Street: Palo Colorado

City Carmel

High School District Carmel Unified

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 676922

Property Attached Y/N 0

Standard Status Active Under Contract

Occupancy Type Tenant

Year Built Source Other

Virtual Tour http://www.NotleysLanding.com

Property Sub Type Additional Single Family Residence

Interior

Interior Amenities Utility Room

Flooring Tile Wood

Fireplace Features Insert Living Room Wood Burning Stove

Common Walls No Common Walls

Air Conditioning Y/N 1

Heating Y/N 1

Fireplace Y/N 1

Total Bedrooms 1

Total Baths 1

Exterior

Fencing Partial

Lot Features Horse Property

Water Source Well

Total Parking 3

Lot Size Area 676922

Lot Size Acres 15.54

Lot Size Source Assessor

Horse Y/N 1

* Excluded Features

List By

Carmel Realty Company

Broker

malone@malonehodges.com

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$21,835

Per Month

Monthly Principal & Interest: $21,835
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Single family listings in Carmel, CA

Average List Price ^$4,381,705

Percent of Sale Price 25%

About Carmel, CA

12,685 Population

1% Since 2002

^$101,353 Median Income

59.8 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2025	$3,499,999		Listed Price

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37305 Highway 1, Carmel, CA, 93923 is a Single Family Home for sale at $3,499,999 with 1,221 sqft and a lot size of 15.54. 37305 Highway 1 has 1 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 93923 which is in Carmel, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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37305 Highway 1

Single Family Home for sale in Carmel, CA

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