$2,500,000

38875 Palo Colorado Rd Carmel, CA 93923

Estimated payment $14,664/month

Total Views 145
1 Bed
1 Bath
600 Sq Ft
$4,167 Price per Sq Ft

Highlights

  • 96 Acre Lot
  • Guest Parking
  • Combination Dining and Living Room
  • Carmel River Elementary School Rated A+
  • Stream
  • Power Generator

About This Home

Big Sur's Twin Peaks Reserve: A Santa Lucia Mountain retreat. High above the coast there are 2 legal parcels totaling almost 200 acres of privately owned Big Sur wild land including one of highest points on the Big Sur coast: Twin Peaks at 3570 ft. The property has direct access to the Ventana Wilderness, the Los Padres National Forest and the Palo Corona Biological Preserve. The 2 legal parcels have almost 360 views just 5 miles from the Pacific Ocean. High above the fog and the redwood canyons flowing down to the wide blue Pacific there are views southwest across the forested mountain wilderness to Pico Blanco and the Big Sur River watershed. Northeast are views all the way across Monterey Bay to Santa Cruz.There is easy access from a County Road off Hwy 1 onto a private gated well maintained unpaved road. It's a little over an hour from Carmel and the Monterey airport to your fully equipped off grid solar guest cottage. Excellent spring water with 10K gallons storage that gravity feeds to the guest cottage and main house site. With 2 separate parcels there is a main building area with all utilities where the original house was lost in the Soberanes fire of 2016. The upper parcel has a separate building site with vast views from Monterey Bay to Big Sur.

Listing Agent

Hillary Lipman

Big Sur Coast Properties License #00923925 Listed on: 08/20/2025

Co-Listing Agent

Brooke Russell

eXp Realty of California Inc License #02133896

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,498

Year Built

  • Built in 1997

Lot Details

  • 96 Acre Lot
  • Zoning described as CRZ/40

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 600 Sq Ft Home
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Guest Parking
  • Off-Street Parking

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

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

Community Details

  • Stream

Listing and Financial Details

  • Assessor Parcel Number 418-011-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,498

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 600
  • Year Built: 1997
  • Zoning Description: CRZ/40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 600
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Horse Property: Possible
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, No Garage, Off-Street Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Existing Septic

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 418-011-066
  • Lot Acres: 96.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4181760.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4181760.00

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 $12,498 $675,000 $650,000 $25,000
2024 $12,498 $675,000 $650,000 $25,000
2023 $12,433 $1,178,973 $1,158,665 $20,308
2022 $12,024 $1,155,857 $1,135,947 $19,910
2021 $5,484 $520,000 $500,000 $20,000
2020 $11,651 $1,121,575 $1,102,255 $19,320
2019 $11,428 $1,099,585 $1,080,643 $18,942
2018 $11,217 $1,078,025 $1,059,454 $18,571
2017 $10,985 $1,056,888 $1,038,681 $18,207
2016 $15,919 $1,527,469 $1,018,315 $509,154
2015 $15,698 $1,504,526 $1,003,019 $501,507
2014 $15,536 $1,475,056 $983,372 $491,684
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $2,500,000 -- $4,167 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Stewart Title
Source: Public Records

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Source: MLSListings

MLS Number: ML82018695

MLSListings

APN: 418-011-066-000