Residential Land for Sale in Carmel-by-the-Sea, California

38250 Palo Colorado Rd Carmel-by-the-Sea, CA 93923

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$475,000
5.1 acres
pending saleUnder contract

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.

Property details

Coordinates
36.3827, -121.8657
Community
Big Sur Coast
Zoning
RDR/40(CZ)
Elevation
840 feet
MLS Number
MLSL ML81966488
Date Posted

Resources

This 5.1-acre property is located at 38250 Palo Colorado Rd in Carmel-by-the-Sea, CA 93923 with latitude 36.3827 and longitude -121.8657. The property is currently pending sale for $475,000 with a price per acre of $93,137. Listing data is sourced from MLS Listings # ML81966488.

Verify sale details at the property source or contact KW Coastal Estates at (831) 622-6200.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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