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Listed by: Heidi Cafarella (619) 400-7444 DRE #01211136 | Esquire Realty (619) 400-7444
$740,000
Monthly Est:$3,683
2 Beds
1 Bath1 full bath
787sqft
37016 Palo Colorado Rd, Carmel, CA 93923
$740,000
$3,683/moEst:
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Single Family Residence
Built in 1950
$-- HOA
1.5 acres lot
$940/sq.ft
Description
Nestled in the heart of Palo Colorado Canyon, this refreshed 2-bedroom, 1-bath cottage offers a serene living experience surrounded by majestic redwoods and natural beauty. Recent updates include fresh interior paint and new flooring, creating a bright and inviting atmosphere while preserving the home’s cozy character. Spanning approximately 4.25 acres across multiple parcels, the property provides remarkable privacy, a seasonal creek flowing through the land, and a deep well with plentiful water supply. A spacious walk-out basement adds valuable storage and flexible use space. Secluded yet conveniently located, the home is just minutes from Garrapata Beach and a scenic drive to Big Sur, placing world-renowned coastline, hiking trails, and Highway 1 vistas within easy reach. Whether envisioned as a peaceful primary residence or a private weekend escape, this unique canyon property presents an exceptional opportunity to enjoy the natural beauty and timeless appeal of the Carmel–Big Sur region. Short sale approved at 740K
- Houzeo last checked: 2 hours ago
- Listing updated: September 10, 2026 at 4:50 am
- Source: California Regional MLS-CA | MLS#: 260014417SD
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
787 sqft
Lot Size
1.5 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260014417SD
MLS Status
Active
Days on Market
144
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Heating
Forced Air, Fireplaces, Propane, Natural Gas
Cooling
None
Interior Features
Bedroom On Main Level
Construction
Year Built
Year Built: 1950
Home type
Single Family Residence
Roof
Shingle
Construction Materials
Wood Siding
Utilities & Energy
Pool Features
None
Water Source
Well
Laundry Features
Gas Dryer Hookup, See Remarks
Parking Features
Driveway, Other
Other Features
Subdivision Name
Out Of Area
Price History
| Date | Event | Price |
|---|---|---|
06/12/2026 Source: | Price Decreased | $600,000 -18.92% $762/sqft |
06/12/2026 Source: | Price Decreased | $740,000 -17.78% $940/sqft |
02/25/2026 Source: | Price Change | $900,000 $1,144/sqft |
12/19/2025 Source: | Listed for Sale | $900,000 -9.91% $1,144/sqft |
12/19/2025 Source: | Price Increased | $999,000 +66.50% $1,269/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 05, 2026, 12:45PM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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