$775,000

37783 Palo Colorado Rd Carmel, CA 93923

Estimated payment $4,939/month

Total Views 23,078
2 Beds
2 Baths
1,173 Sq Ft
$661 Price per Sq Ft

Highlights

  • Ocean View
  • 10.27 Acre Lot
  • Soaking Tub in Primary Bathroom
  • Carmel River Elementary School Rated A+
  • Deck
  • Eat-In Kitchen

About This Home

Enjoy a peaceful escape at this off-grid ocean view retreat nestled on over 10 acres in the Lower Greenridge neighborhood of Palo Colorado. This is a tenants-in-common sale of one of two homes located on the parcel. This newly constructed 1,173 sq ft home features 2 bedrooms and 2 bathrooms, thoughtfully designed to maximize comfort and views. The home offers stunning ocean vistas from the primary bedroom and an expansive deck perfect for soaking in the natural surroundings. The property is equipped to support an off-grid lifestyle. Come experience the beauty, serenity, and possibility of life on the coast. See ML82005549 to view the second listing included in the TIC. Do not disturb the occupants of the property - APPOINTMENT REQUIRED. The seller has a Tenants in Common (TIC) agreement drafted by SirkinLaw APC, which outlines the relationship between the two ownership shares and defines common areas and responsibilities.

Listing Agent

Malone Hodges

Carmel Realty Company License #01471087 Listed on: 05/05/2025

Co-Listing Agent

Devon Meeker

Monterey Coast Realty License #02074131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,816

Year Built

  • Built in 2022

Lot Details

  • 10.27 Acre Lot
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • Uncovered Parking

Property Views

  • Ocean
  • Bay
  • Canyon
  • Ridge
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Spring water is a source of water for the property
  • Water Storage
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 418-091-021-000-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,816

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 1173
  • Year Built: 2022
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1173
  • Stories: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Oversized Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Bay, Canyon, Forest / Woods, Mountains, Ocean, Ridge, Water
  • Yard/Grounds: Back Yard, Deck, Drought Tolerant Plants
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Parking Features: Uncovered Parking

Utilities

  • Heating System: Propane
  • Sewer/Septic System: Septic Connected

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 418-091-021-000-A
  • Lot Acres: 10.2700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 447361.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 447361.00

Multi Family

  • Utilities: Generator, Propane On Site, Solar Panels - Owned

MLS Schools

  • High School District Text: Carmel Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,816 $765,547 $546,820 $218,727
2024 $7,816 $750,538 $536,099 $214,439
2023 $7,775 $735,823 $525,588 $210,235
2022 $7,519 $721,396 $515,283 $206,113
2021 $7,444 $707,252 $505,180 $202,072
2020 $6,751 $648,375 $541,216 $107,159
2019 $6,622 $635,662 $530,604 $105,058
2018 $6,501 $623,199 $520,200 $102,999
2017 $6,366 $610,980 $510,000 $100,980
2016 $6,265 $599,000 $500,000 $99,000
2015 $6,272 $610,968 $509,990 $100,978
2014 -- $696,741 $685,596 $11,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $1,395,000 +80.0% $701 / Sq Ft
05/05/2025 05/05/25 For Sale $775,000 +16.5% $661 / Sq Ft
05/05/2025 05/05/25 For Sale $665,000 -52.3% $813 / Sq Ft
05/05/2025 05/05/25 For Sale $1,395,000 -- $701 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $299,000 Radian Settlement Svcs Inc
Trustee Deed $478,478 Servicelink
Grant Deed $599,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $625,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Commercial
Previous Owner $479,200 New Conventional
Previous Owner $500,000 Unknown
Source: Public Records

Similar Home in Carmel, CA

  • 37783 Palo Colorado Rd, Carmel, CA 93923

    $665,000

    • 2 Beds
    • 1 Bath
    • 818 Sq Ft
    • 37783 Palo Colorado Rd
    • Carmel, CA

    Enjoy a peaceful escape at this off-grid ocean view property in the Lower Greenridge neighborhood of Palo Colorado. This is a tenants-in-common sale of one of two homes located on the parcel. The original 818 sq ft residence, affectionately known as The Treehouse, was crafted by a revered local builder and offers 2 bedrooms, 1 bathroom, radiant floors, concrete countertops, a large gas range, and

    Malone Hodges Carmel Realty Company

    Section Image

Source: MLSListings

MLS Number: ML82005551

MLSListings

APN: 418-091-021-000