38805 Palo Colorado Rd

$1,500,000
Price
5,227,200 / 120
Lot Size / Acres

Description

This 120 acre parcel in the upper Garrapatos watershed is a pristine, private mountain sanctuary with an abundance of pure spring water and extraordinary views of the Santa Lucia mountains, sacred Pico Blanco, the Palo Colorado ridges, and the immense Pacific Ocean. With it's amazing flora and fauna of bobcats, foxes, deer, eagles, hawks and more, it's like having one's own small game reserve. Night time descends with a myriad of stars and low white clouds, like small waves slowly moving up into...This 120 acre parcel in the upper Garrapatos watershed is a pristine, private mountain sanctuary with an abundance of pure spring water and extraordinary views of the Santa Lucia mountains, sacred Pico Blanco, the Palo Colorado ridges, and the immense Pacific Ocean. With it's amazing flora and fauna of bobcats, foxes, deer, eagles, hawks and more, it's like having one's own small game reserve. Night time descends with a myriad of stars and low white clouds, like small waves slowly moving up into the canyons and valleys creating small islands of the surrounding peaks. Access to the land is from the Hoist at the top of Palo Colorado road which branches off from Highway One, thirteen miles south of Carmel and it's excellent amenities. A gated private road leads up to the property past redwoods, madrones, and oak trees, exuding the smell of the lush vegetation so unique to the area. A building site has been graded as well. This is a rare nature lover's sanctuary "far from the madding crowd" to quote Thomas Hardy...a rarity in our increasingly crowded world.
  1. Listed by Michael Gilson • DRE #01749833 • Brokerage DRE #01908304 • Coldwell Banker Realty • 831-915-0903

Property Details for 38805 Palo Colorado Road

MLS City Name
CARMEL
Building Type
Lots and Land
Cross Street
Rocky Creek Road
LISTING UPDATED: 12/03/2025 07:58 PM

Property Details for 38805 Palo Colorado Road

StatusActive
MLS #ML82019607
Days on Compass124
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLOTS AND LAND / Residential Lot
Year Built-
Lot Size120.00 AC
CountyMonterey County

Location

Listing Courtesy of Coldwell Banker Realty, Michael Gilson, DRE #01749833
Add your commute

Building Information for 38805 Palo Colorado Road

Lot Size120.00 AC

Payment Calculator

$7,412 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38805 Palo Colorado Road

Features
Features
  • Fireplace: No
  • Pool: No
Utilities
  • Sewer Septic: Other
  • Utilities: None / No Utilities
  • Water: Spring
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Big Sur Coast
  • Subclass: Residential Lot
  • Street Number: 38805
  • Street Name: Palo Colorado Road
  • Area ID: 157
Lot / Property Details
Development Information
  • Zoning Detail: Rural undeveloped
Location Information
  • Parcel Access: Private Road - Share Access, Unpaved Road
  • Parcel Number: 418-011-069-000
  • County Name: Monterey
  • City Name: CARMEL
  • City Postal ID: 9
  • Postal Code: 93923
  • Elementary School District: 432
  • High School District Text: Carmel Unified
Lot Information
  • Development Status: Build to Suit, Unimproved Land
  • Fencing: None
  • Horse Property: Possible
  • Lot Acres: 120.00
  • Lot Description: Private / Secluded, Stream - Seasonal
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Present Use: None

Property History for 38805 Palo Colorado Road

DateEvent & SourcePriceAppreciation
Aug 29, 2025

Listed (Active)

EBRD #ML82019607

$1,500,000
Aug 29, 2025

Listed (Active)

MLSListings #ML82019607

$1,500,000
DateEvent & SourcePrice
08/29/2025

Listed (Active)

EBRD #ML82019607

$1,500,000
08/29/2025

Listed (Active)

MLSListings #ML82019607

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 38805 Palo Colorado Road

This home is within Carmel Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Carmel River Elementary School
PublicK to 5

Carmel Middle School
Public6 to 8

Carmel High School
Public9 to 12

Carmel Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

38805 Palo Colorado Road is a 120 ac of land for sale in Carmel, CA 93923. This property was listed for sale on August 29, 2025 by Coldwell Banker Realty, it's currently listed at $1,500,000. This listing's school district is Carmel Unified School District. Nearby schools include Carmel River Elementary School, Carmel Middle School and Carmel High School. 38805 Palo Colorado Road is a 0-bed, 0-bath, 120 ac of land on a 5,227,200 sq. ft. / 120 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Michael Gilson, DRE #01749833

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.