$5,850,000
OPEN SAT 12PM - 4PM

8&9 Palou Nw of Casanova Carmel, CA 93921

Carmel-By-The-Sea Neighborhood

Estimated payment $38,252/month

Total Views 381
4 Beds
3 Baths
3,074 Sq Ft
$1,903 Price per Sq Ft

Highlights

  • Popular Property
  • 0.22 Acre Lot
  • Vaulted Ceiling
  • Carmel River Elementary School Rated A+
  • Living Room with Fireplace
  • 1-minute walk to Piccadilly Park

About This Home

Welcome home to Cheerio Tipp--a legacy property in Carmel-by-the-Sea, offered for the first time in generations. This rare opportunity includes two homes on separate lots, totaling nearly 9700 sq ft, with individual parcel numbers and utilities. The larger Cheerio Tipp is rich in charm and lore. The family owned the first television in the neighborhood; friends and neighbors were always welcome to gather around and enjoy. On the main level, vaulted ceilings and old-growth redwood interiors create a warm, inviting atmosphere. Period details remain throughout--including a built-in pipe rack, a hidden safe, and cleverly concealed storage closets. A primary suite, spacious great room, eat-in kitchen, and loft with peeks of the Pacific complete this floor. Downstairs offers a full laundry room, guest suite, and two-car garage. Next door, "The Little House" sits on a 4000 sq ft lot and includes two bedrooms, one bath, a cozy living room with fireplace, and a generous deck. Both homes enjoy Carmel stone patios, garden space, and spots to sip morning coffee or dine al fresco. Just blocks from downtown shops, restaurants, galleries, and Carmel's white sand beaches, this is a rare chance to continue a cherished legacy and become the next custodian of an extraordinary double-lot property.

Listing Agent

WeathersGannawayTeam

Compass License #70004321 Listed on: 07/17/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Post and Beam
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in unit

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Additional Features

  • 9,662 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 010-231-003-000

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 3074
  • Year Built: 1954
  • Zoning Description: R-1
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area, Eat in Kitchen
  • Living Sq Ft: 3074
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: Inside
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Great Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Post and Beam
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Inverted Floor Plan, Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 010-231-003-000
  • Lot Acres: 0.2218
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9663.00

Multi Family

  • Utilities: Public Utilities

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

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $5,850,000 -- $1,903 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82015058

MLSListings