Residential Land for Sale in Carmel-by-the-Sea, California
38250 Palo Colorado Rd Carmel-by-the-Sea, CA 93923
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
- Street Address
- 38250 Palo Colorado Rd
- County
- Monterey County
- Community
- Big Sur Coast
- Elevation
- 840 feet
Property details
- Zoning
- RDR/40(CZ)
- MLS Number
- MLSL ML81966488
- Date Posted
Resources
Detailed attributes
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Views
- Forest, Mountain, River
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 20, 2024 | Back on market | $475,000 | — | MLSL |
Nov 2, 2024 | Under contract | $475,000 | — | MLSL |
Oct 22, 2024 | Price drop | $475,000 | $20,000 -4% | MLSL |
May 21, 2024 | New listing | $495,000 | — | MLSL |