Listed 141 days ago · March 16, 2026 | MLS# ML82038851
$1,838/sqft +14% vs Carmel avg
What this means: Priced above the Carmel per-sqft average. Compare to recent sales below for context.
Est. $8,050/moP&I $6,486 · Tax $1,302 · Insurance $262 · HOA $0Assumes 20% down ($250,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Carmel, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
1 Bed / 1 Bath / 680 sqft on 4,181,760 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $1.2M vs City Average $4.2M
$1,838/sqft compared to Carmel avg $1,616/sqft (+13.8%).
Best fit forActive BuyersCarmel SearchersMove-Up / Move-In
About This Home
TWIN PEAKS RESERVE: This rare 96 acre Big Sur wild land is situated at one of the highest points on the Big Sur coast on the northern Santa Lucia Mountain Range:
With 180 degree ocean views this remote and very private property has direct access to the Ventana Wilderness, the Los Padres National Forest and the Palo Corona Biological Preserve.
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.
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. ( Shorter with a personal Joby Avaition eVTOL air taxi coming soon)
Excellent spring water with 10,000 gallons storage that gravity feeds to the guest cottage and main house site. The original house site is ready for redevelopment as it was destroyed in the Soberanes fire of 2016
There is an additional 102 acre contiguous parcel of land available for sale
MLS ID #ML82038851, Hillary Lipman. Listing provided by Big Sur Coast Properties · MLSListings Inc.
Interested in 38875 Palo Colorado RD?
Get a personalized analysis with comp data, offer strategy, and neighborhood context.
Property Details
Property Type
Single Family Residence
Year Built
1997
Bedrooms
1
Bathrooms
1 Full
Living Area
680 sqft
Lot Size
4,181,760 sqft
Garage
N/A
Price/sqft
$1,838
County
Monterey
MLS Number
ML82038851
Status
Active
Stories
N/A
HOA
None
Interior Features
Electric
Exterior & Lot
Composition Roof96.00 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
38875 Palo Colorado RD, Carmel, CA 93923 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $1,838/sqft vs Carmel avg $1,616/sqft (+13.8% above).
$Sale-to-list: Carmel homes selling at 96.8% of asking.
⏲Velocity: City avg 65 days. This home: 141 days.
🏠Inventory:4 1-bedroom homes currently available in Carmel.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
38875 Palo Colorado RD is located in the NorthBigSurCoast area of Carmel, California. This 1-bedroom, 1-bathroom single-family home is listed for $1,250,000. Homes in NorthBigSurCoast average $1,616 per square foot with an average of 65 days on market, making this one of the most actively watched markets in 93923.
1-Bedroom Homes for Sale in Carmel 93923
Browse 1-bedroom single-family home listings in the NorthBigSurCoast area of Carmel. Properties in 93923 are currently averaging $1,616 per square foot with 65 days on market.
What to Expect When Buying in NorthBigSurCoast
The NorthBigSurCoast market in Carmel features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest measured conditions for buyers in this area.
Listed at $1,250,000 ($1,838/sqft). Carmel avg is $1,616/sqft, placing this +13.8% above. Comparable recent sales help frame the value.
Listed 141 days (as of March 16, 2026). Carmel average is 65 days.
Est. $8,050/mo with 20% down ($250,000) at 6.75%. Includes principal & interest ($6,486), property tax ($1,302), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 122 active listings in Carmel (4 are 1-bedroom). At $1,250,000 this is positioned against the city average of $4,160,964. Similar homes have sold at 96.8% of asking.
1-bedroom homes in Carmel (93923) are currently averaging $1,616 per square foot. Market activity shows homes spending an average of 65 days on market in this area.
38875 Palo Colorado RD in Carmel is currently listed at $1,250,000. This 1-bedroom, 1-bathroom single-family home is located in the NorthBigSurCoast area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Aug 4, 2026 5:15 AM PT. 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.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Aug 4, 2026 5:15 AM PT | Source: MLSListings Inc.
All content on this page is the property of Aegis Luxury Real Estate (DRE# 01328224). Automated scraping, downloading, or republication is strictly prohibited.
Send 38875 Palo Colorado RD to a friend or colleague.
By sharing, you consent to Aegis Luxury Real Estate contacting you and your friend regarding this listing. We respect your privacy. Privacy Policy · Terms of Service
Schedule a Tour
Request a private showing of 38875 Palo Colorado RD, Carmel.
ASAPEarliest
TueApr 29
WedApr 30
ThuMay 1
Scheduling is free. By proceeding, you consent to be contacted by Aegis Luxury Real Estate at the number and email provided. Privacy Policy
OPEN SUN, 1PM TO 3PM
OPEN SAT, 1PM TO 4PM
OPEN SAT, 1PM TO 3PM
OPEN TUE, 9:30AM TO 12PM
