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37016 Palo Colorado Rd , Carmel, CA 93923
$740,000
Est. Payment: $3,736.78/mo
2 Bed
1 Bath
787 Sqft
Status: active | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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
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Highlights

Listed by Heidi Cafarella , 619-400-7444 Esquire Realty , 619-400-7444. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
1.5

Year Built

1950

County

Monterey

 Neighborhood

Out Of Area

Listing ID

260014417SD

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Other:Bedroom on Main Level
Other:Well

Exterior Features

Lot:No Land Lease
Garage Capacity:1
Roof:Shingle
Others:Wood Siding
Parking Features:Driveway
Principal Interest
$3,737
Taxes
$472

Home Price

$740,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$148,000
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:
$3,736.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,736.78 $471.75 $0.00 $4,208.53
Yearly $44,841.39 $5,661.00 $0.00 $50,502.39
Total $1,345,241.83 $169,830.00 $0.00 $1,515,071.83

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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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: 2026-08-10T20:37:41.000Z

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