Bought with Doug Toby • KW Coastal Estates
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38250 Palo Colorado RD Carmel, CA 93923
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Key Details
Sold Price $460,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81966488
Sold Date 02/18/25
Lot Size 5.100 Acres
Property Sub-Type Residential Lot
Property Description
Absolutely beautiful property filled with soaring old-growth redwoods, lush greenery, and two year-round creeks. This gorgeous and magical 5.1 acre parcel is easy to reach and is only 14 miles south of Carmel and only 3 miles from Scenic Hwy 1 on Palo Colorado Canyon. There is approximately 1000 feet of Rocky Creek river frontage along the south border of the parcel and the smaller Brandon Creek runs right through the middle of the property. There are several flat, usable areas, including a fantastic location to build your mountain dream home! Previous owners had received an approved combined development permit to build a 3200 square foot house, but they did not get the chance to build. There is an existing well on the property and the power lines are accessible at the street, so this is a fantastic opportunity for someone to pick up where the previous owners left off and build a fantastic mountain retreat that is only 20 minutes from town. Prior plans and reports are available.
Location
State CA
County Monterey
Area Big Sur Coast
Zoning RDR/40(CZ)
Exterior
Fence None
Utilities Available Electricity - Available at Street
View Forest / Woods, Mountains, River / Stream
Present Use Recreational
Building
Lot Description Grade - Varies, Stream - Year Round
Sewer Other
Water Well
Others
Tax ID 418-131-024-000
Horse Property Possible
Special Listing Condition Not Applicable
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