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38875 Palo Colorado Rd , Carmel, CA 93923
$995,000
Est. Payment: $5,427.42/mo
1 Bed
1 Bath
680 Sqft
96 Acres
Status: Active | Days on site: 196
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ML80286 - ML302993
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Chris Heller
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House Description

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
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Highlights

Listed by Hillary Lipman , 831-596-4607 Big Sur Coast Properties , 831-667-0540. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
96

Year Built

1997

County

Monterey

Area

699 - Not Defined

 School District

Carmel Unified

Listing ID

ML82038851

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:CZ/40
Roof:Composition
Parking Features:Guest,Uncovered
Principal Interest
$5,427
Taxes
$634

Home Price

$995,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,427.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,427.42 $634.31 $0.00 $6,061.74
Yearly $65,129.09 $7,611.75 $0.00 $72,740.84
Total $1,953,872.61 $228,352.50 $0.00 $2,182,225.11

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Carmel, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T23:12:49.000Z

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