38250 Palo Colorado Road

Carmel, CA 93923

PRICE REDUCED

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-$20,000 (-4.04%)

$475,000

List Price

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Property Description

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.

Listing Information

List Price $475,000
Status Active Under Contract
MLS ML81966488
Type Land
Lot Size 222,156
Structure Size N/A
DOM 166
Courtesy Of KW Coastal Estates
Listing Agent Doug Toby DRE#01239501

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Doug Toby, KW Coastal Estates 831-261-7374. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 2nd, 2024 at 7:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.