Sitting high atop a mountain overlooking Palo Colorado Canyon and the Pacific ocean beyond, this home is magical. Easily accessed by a paved road, the property features two separate sites within the 8+acre parcel, both with magnificent views: one with an artists studio and large storage shed on public power, and the other, a round house completely off-grid. Main level of house is open concept, with kitchen, living, sleeping area and bathroom on that level. Separate downstairs has laundry room, second bathroom and two bedrooms all framed in and ready for finish carpentry. All construction is fully permitted through Monterey County. Beloved by the current owners for 37 years, the home, which sits in a sunbelt, is lush with gardens, small vineyard and a beautiful fountain near the front door. Gorgeous, unobstructed views.
Sold for $1,100,000
$1,100,000
37723 Palo Colorado Rd, Carmel, CA 93923
2beds
1,950sqft
Single Family Residence, Residential
Built in 2020
8.63 Acres Lot
$1,227,100 Zestimate®
$564/sqft
$5,573 Estimated rent
Home value
$1,227,100
$1.09M - $1.39M
$5,573/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Vilia Gilles 00883948 831-760-7091,
Sotheby’s International Realty 831-624-1566
Bought with:
Vilia Gilles, 00883948
Sotheby’s International Realty
Source: MLSListings Inc,MLS#: ML81969659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Laundry
Bathroom
- Features: ShoweroverTub1
Dining room
- Features: DiningArea
Family room
- Features: KitchenFamilyRoomCombo
Kitchen
- Features: Countertop_Granite, Countertop_Synthetic
Heating
- Central Forced Air, Propane, Wood Stove
Cooling
- None
Appliances
- Included: Gas Cooktop, Dishwasher, Electric Oven, Refrigerator, Washer
- Laundry: In Utility Room
Features
- High Ceilings
- Flooring: Hardwood, Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: Parking Area
Features
- Has view: Yes
- View description: Canyon, Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 8.63 Acres
- Features: Grade Varies
Details
- Additional structures: Sheds, StorageFacility
- Parcel number: 418081038000
- Zoning: RDR/40-D(CZ)
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Condition
- New construction: Yes
- Year built: 2020
Utilities & green energy
- Gas: PropaneOnSite, PublicUtilities
- Water: Shared Well, Well
- Utilities for property: Propane, Public Utilities, Solar
Community & HOA
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $564/sqft
- Tax assessed value: $1,122,000
- Date on market: 6/14/2024
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2024 | Sold | $1,100,000-7.2%$564/sqft |
Source:  MLSListings Inc #ML81969659 Report a problem | ||
| 7/2/2024 | Contingent | $1,185,000$608/sqft |
Source: MLSListings Inc #ML81969659 Report a problem | ||
| 6/14/2024 | Listed for sale | $1,185,000$608/sqft |
Source: MLSListings Inc #ML81969659 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,122,000 +2% |
| 2025 | $11,544 +289.9% | $1,100,000 +290.2% |
| 2024 | $2,961 +0.5% | $281,910 +2% |
| 2023 | $2,945 +3.4% | $276,383 +2% |
| 2022 | $2,849 +1% | $270,965 +2% |
| 2021 | $2,820 +2.2% | $265,653 +1% |
| 2020 | $2,760 +1.9% | $262,930 +2% |
| 2019 | $2,708 +1.8% | $257,775 +2% |
| 2018 | $2,659 +2.1% | $252,722 +2% |
| 2017 | $2,604 +1.6% | $247,767 +2% |
| 2016 | $2,563 +2.5% | $242,910 +1.5% |
| 2015 | $2,501 | $239,263 +2% |
| 2014 | $2,501 | $234,577 +2.5% |
| 2012 | -- | $228,940 +2% |
| 2011 | -- | $224,452 +0.8% |
| 2010 | -- | $222,776 +18.3% |
| 2009 | -- | $188,306 +2% |
| 2008 | -- | $184,615 +2% |
| 2007 | -- | $180,996 +2% |
| 2006 | -- | $177,448 +69.9% |
| 2005 | -- | $104,465 +66.1% |
| 2004 | -- | $62,907 +1.9% |
| 2003 | -- | $61,755 +2% |
| 2002 | -- | $60,545 |
Find assessor info on the county website
Neighborhood: 93923
Nearby homes
- $566,2001 bd1 ba870 sqft37725 Palo Colorado Rd, Carmel, CA 93923Off Market
- $635,7001 bd1 ba450 sqft37691 Palo Colorado Rd, Carmel, CA 93923Off Market
- $687,7001 bd1 ba1.3k sqft37523 Palo Colorado Rd, Carmel, CA 93923Off Market
- $1,123,2003 bd2 ba1.4k sqft37719 Palo Colorado Rd, Carmel, CA 93923Off Market
- $677,8002 bd1 ba1.1k sqft37699 Palo Colorado Rd, Carmel, CA 93923Off Market
- $860,1003 bd2 ba1.3k sqft37497 Palo Colorado Rd, Carmel, CA 93923Off Market
- $433,500-- bd-- ba-- sqft37707 Palo Colorado Rd, Carmel, CA 93923Off Market
- $--3 bd2 ba1.2k sqft37715 Palo Colorado Rd #2, Carmel, CA 93923Off Market
Nearby schools
GreatSchools rating
- 9/10Carmel River Elementary SchoolGrades: K-5Distance: 10.6 mi
- 7/10Carmel Middle SchoolGrades: 6-8Distance: 10.3 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 11.3 mi
Schools provided by the listing agent
- District: CarmelUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,227,100
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Estimated market value
$1,227,100
- California
- Monterey County
- Carmel-by-the-Sea
- 93923
- 37723 Palo Colorado Rd
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