11 photos · MLS data verified October 9, 2026 · Updated every 15 min
$995,000
Active
1 Beds·1 Baths·680 sqft·4,181,760 sqft lot·Built 1997
38875 Palo Colorado Rd, Carmel, CA 93923
Listed 207 days ago · | MLS# ML82038851
$1,463/sqft
38875 Palo Colorado Rd is a 1-bedroom, 1-bath single family home in Carmel 93923 with 680 square feet of living space, built in 1997. It is listed at $995,000, or $1,463 per square foot. The three most recent 1-bedroom sales in 93923 closed between $569,000 and $675,000 ($675 to $910 per square foot).
Est. $6,461/moP&I $5,163 · Tax $1,036 · Insurance $262 · HOA $0Assumes 20% down ($199,000) 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 a 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.
Single Family Price Position in Carmel
$1.6M$6.5M
112Active in Carmel
77Active Single Family Homes
5.6 moInventory
Why This Home Stands Out
🏠
1 Bed / 1 Bath, 680 sqft
Built in 1997.
Best fit forActive BuyersCarmel SearchersMove-Up / Move-In
About 38875 Palo Colorado Rd
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.
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Property Details for 38875 Palo Colorado Rd
Overview
- Property Type
- Single Family Residence
- Year Built
- 1997
- Bedrooms
- 1
- Bathrooms
- 1 Full
- Living Area
- 680 sqft
- Lot Size
- 4,181,760 sqft (96.00 acres)
- Price/sqft
- $1,463
- Status
- Active
Interior
- Kitchen
- Formal dining room
- Heating
- Electric
- Cooling
- None
- Family Room
- None
Exterior and Parking
- Guest Parking
- Yes
- Roof
- Composition
- Foundation
- Concrete perimeter
- Zoning
- Cz/40
Community and HOA
- Utilities
- Propane, Solar
- County
- Monterey
- City
- Carmel
Schools
- School District
- Carmel Unified
- Carmel Schools
- View Carmel schools
Listing
- MLS Number
- ML82038851
- Listed
- March 16, 2026
- Days on Market
- 207
- Listing Agent
- Hillary Lipman
- Listing Brokerage
- Big Sur Coast Properties
- Data Verified
- October 9, 2026
Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.
Free from Aegis · Updated for October 2026
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📄Carmel Market ReportFree 9-page PDF with bedroom breakdowns, comp data and pricing trends, updated monthly.Email Me the Report →📋Carmel Buyer BriefA personalized brief with comp data, offer strategy and neighborhood context.Email Me the Report →🎯Carmel Offer StrategyComp analysis and bid recommendations before you write an offer on this home.Email Me the Report →
Location
38875 Palo Colorado Rd, Carmel, CA 93923 · Monterey County
Market Context
Price Positioning
🏠 Inventory: 4 1-bedroom homes and 77 single family homes currently active 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.
Get My Offer Range →Frequently Asked Questions
Listed at $995,000 ($1,463/sqft). The three most recent 1-bedroom sales in 93923 closed at $675 to $910 per sqft.
Listed March 16, 2026. That is 207 days on market as of October 9, 2026.
Est. $6,461/mo with 20% down ($199,000) at 6.75%. That is principal and interest $5,163, property tax $1,036 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 112 active listings in Carmel: 4 are 1-bedroom and 77 are single family homes.
The three most recent 1-bedroom sales in Carmel 93923 closed at $569,000, $600,000 and $675,000, or $675 to $910 per sqft.
Yes. As of October 9, 2026, 38875 Palo Colorado Rd is an active listing at $995,000. It is a 1-bedroom, 1-bath single family home.
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Broker · DRE# 01328224 · Over 23 Years Experience
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Buyers
See 38875 Palo Colorado Rd before the weekend
Listed 207 days ago.
Questions
Talk to Timothy directly
Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.
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