37016 Palo Colorado RdCarmel, CA 93923

Single Family · 2 Beds · 1 Full Bath · 787 Sq. ft. | 1.50 Acres
$740,000 Active

37016 Palo Colorado Rd Overview

Time on Site:
16 days
Visits:
0

Nestled in the heart of Palo Colorado Canyon, this refreshed 2-bedroom, 1-bath cottage offers a serene living experience surrounded by majestic redwoods and natural beauty. Recent updates include fresh interior paint and new flooring, creating a bright and inviting atmosphere while preserving the home’s cozy character. Spanning approximately 4.25 acres across multiple parcels, the property provides remarkable privacy, a seasonal creek flowing through the land, and a deep well with plentiful water supply. A spacious walk-out basement adds valuable storage and flexible use space. Secluded yet conveniently located, the home is just minutes from Garrapata Beach and a scenic drive to Big Sur, placing world-renowned coastline, hiking trails, and Highway 1 vistas within easy reach. Whether envisioned as a peaceful primary residence or a private weekend escape, this unique canyon property presents an exceptional opportunity to enjoy the natural beauty and timeless appeal of the Carmel–Big Sur region. Short sale approved at 740K

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37016 Palo Colorado Rd Facts & Features

  • Type Single Family
  • Sq. ft. 787
  • Price/Sq.ft. $940
  • Lot 1.50 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Monterey
  • Postal City: CARMEL
  • Subdivision Name: Out Of Area

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 418031024000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Short Sale

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

General Information

  • Fireplace: No
  • Interior Features: Bedroom on Main Level
  • Laundry Features: Gas Dryer Hookup,See Remarks
  • Levels: One
  • Living Area: 787.0
  • Living Area Source: Assessor
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 1.0
  • Parking Features: Driveway,Other
  • Parking Total: 1.0

Lot Information

  • Lot Size Acres: 1.5
  • Lot Size Area: 65340.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 65340.0
  • Lot Size Units: Square Feet
  • Water Source: Well

Waterfront/View

  • View: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Property Attached: No
  • Roof: Shingle

General Information

  • Fencing: None
  • Pool Features: None
  • Pool Private: No

37016 Palo Colorado Rd Neighborhood

Community

93923 (CARMEL) Demographics

60
Median Age
97
Population Density (per sq. mile)
67%
College Educated
$108,424
Estimated Median Income
4,303
Estimated Total Home Owners
1,072
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

37016 Palo Colorado Rd Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

37016 Palo Colorado Rd Market Data

Based on the last 30 days in this zip code

$3,601,354
Average List Price
$1,399
Average Price per Square Foot
26
Properties Sold
113
Average Days on Market
334
Properties for Sale
Calculations provided by Reliance Network

37016 Palo Colorado Rd History

Date Event Value Agent
6/18/2026Source: CRMLS Price Increase
$740,000 23.3%
6/13/2026Source: CRMLS Added to Database
June 13, 2026
2/11/2025Source: San Francisco MLS Added to Database
February 11, 2025
6/13/2024Source: bridgeMLS Status Change
Sold
5/29/2024Source: CRMLS Status Change
Closed
5/29/2024Source: MLSListings Status Change
Sold
4/16/2024Source: MLSListings Status Change
Contingent
3/7/2024Source: CRMLS Added to Database
March 07, 2024
3/7/2024Source: bridgeMLS Added to Database
March 07, 2024
3/7/2024Source: MLSListings Added to Database
March 07, 2024
Listing provided courtesy of Esquire RealtyHeidi Cafarella- MLS# 260014417SDMLS ProviderContact Information: [email protected] - 619-400-7444