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Sold for $225,000
  • $225,000

    37811 Palo Colorado Rd, Carmel, CA 93923

    --beds
    --baths
    5Acres
    Residential Development Land, Unimproved Land
    Built in ----
    5 Acres Lot
    $324,100 Zestimate®
    $--/sqft
    $4,401 Estimated rent

    Home value

    $324,100

    $250,000 - $431,000

    $4,401/mo

    Zestimate® history
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    $4,401/mo

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    $4,401/mo

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    $1,458/mo

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    $1,458/mo

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    What's special

    HUGE PRICE REDUCTION: Set upon an ocean view forested ridge, the foundation is in place for a new ultra-modern home, designed and manufactured by Stillwater Dwellings. It is ready to be shipped and assembled on-site. County permits are current. Water and septic are already developed and the property is ready to build your off-grid Big Sur dream home. Just over 2 miles from Hwy 1, and less than 30 minutes to Carmel, this 5 acre parcel is in the Green Ridge community very close to the Mid Coast Fire Station. The property is accessed via paved County Palo Colorado Road, then up the private Greenridge gravel road. The expertly crafted 875 sq ft. pre-fabricated home is sustainably designed with a distinctive sense of place in tune to sit perfectly within the wooded knoll location.The 5 secluded acres have oak trees, stately madrone trees, and California lilacs and the land looks out across the redwood canyons below to the Pacific Ocean. Year round Palo Colorado creek runs through the property that spans a ridge with multiple spots ripe for improvement.

    Zillow last checked: 7 hours ago

    Listing updated: January 29, 2026 at 10:24pm

    Listed by:

    Hillary Lipman 00923925 831-596-4607,

    Big Sur Coast Properties 831-667-0540

    Bought with:

    Hillary Lipman, 00923925

    Big Sur Coast Properties

    Source: MLSListings Inc,MLS#: ML82012019MLS Logo

    Facts & features

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s), Ocean, Panoramic
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 5 Acres
    • Features: Hillside, Sloped Down
    Details
    • Additional structures: BuildingPad
    • Parcel number: 418091004
    • Zoning: CRZ/40
    • Special conditions: Standard

    Utilities & green energy

    • Gas: Other
    • Sewer: Septic Tank
    • Water: Spring
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Carmel

    Other

    Other facts
    • Listing agreement: ExclusiveAgency
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    10/6/2025Sold$225,000-43.6%
    Source: MLSListings Inc #ML82012019 Report a problem
    9/25/2025Pending sale$399,000
    Source: MLSListings Inc #ML82012019 Report a problem
    8/8/2025Price change$399,000-19.4%
    Source: MLSListings Inc #ML82012019 Report a problem
    6/22/2025Listed for sale$495,000-28.8%
    Source: MLSListings Inc #ML82012019 Report a problem
    3/16/2023Listing removed--
    Source: MLSListings Inc #ML81904151 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,952 +3%$471,013 +2%
    2024$4,810 +0.5%$461,778 +2%
    2023$4,785 +3.4%$452,724 +2%

    Find assessor info on the county website

    Neighborhood: 93923

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: CarmelUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.