21 days on rocket

37783 Palo Colorado Rd, Carmel, CA, 93923

$1,395,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
1,991 SqFt
$701/SqFt
House
Schools Nearby

Location

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37783 Palo Colorado Rd, Carmel$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingUncovered
Year Built2022
HeatingPropane
CoolingNone
MLS #ML81960339
Lot Size10.27 Acres
StatusActive

About 37783 Palo Colorado Rd

Enjoy your escape at this off-grid ocean view property with two homes on 10+ acres in the coveted Lower Greenridge neighborhood of Palo Colorado. The 818 sq. ft. original home, affectionally called 'The Treehouse' was built by a revered local craftsman and consists of 2 bedrooms, and 1 bathroom with radiant floors, concrete countertops, a large gas range, and sweeping ocean views from the top floor bedroom. An 1,173 sq ft newly constructed and separate home lies down a set of stairs consisting of 2 bedrooms and 2 bathrooms with spectacular ocean views from the primary bedroom and expansive private deck. Two fully-owned solar systems and a 6,000 gallon water tank service the property. Come and be amazed at what life can be!

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 2
  • Living Area: 1,991 SqFt

Listing Office:

  • Office Name: Carmel Realty Company
  • Office Phone: (831) 622-1000
  • Listing Agent: Malone Hodges

Interior Features

Interior Information:

  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 10.27 Acres

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: None

School Info

Assigned Schools Information:

  • Carmel High School, Public District Grades 9-12
  • Carmel Middle School, Public District Grades 6-8
  • Carmel River Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Call for directions. 4WD recommended. No 2WD please. Cross Street: Greenridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $701/SqFt

Tax Information:

  • Annual Amount: $7,444
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Carmel, CA.

Med. Sold Price

$1.8M

Med. Price/SqFt

$878

Avg. Days On Market

50

# of Sold Homes

17

37783 Palo Colorado Rd vs Carmel

21 DAYS ON ROCKET

-29 Days

$1,395,000

-$440K Less

$701/SqFt

-$177 Less

KEY TAKEAWAY

This property is $440K less than the Median Sold Price and $177/SqFt less than other homes in Carmel, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81960339

Listing Office:

  • Office Name: Carmel Realty Company
  • Office Phone: (831) 622-1000
  • Listing Agent: Malone Hodges

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 7:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 22, 2020Home Sold
$299,000
Mar 06, 2020Home Sold
$478,478
Dec 26, 2014Home Sold
$599,000
Aug 25, 2005Home Sold
$625,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,444$707,252
2020$6,751$648,375
2019$6,500$635,662
2018$6,366$623,199
2017$6,366$610,980

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-835063
9
/10
  • Carmel River Elementary School

  • Monte Verde St And 15th Ave

  • 11.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-835064
9
/10
  • Carmel Middle School

  • 4380 Carmel Valley Rd

  • 10.72 miles

  • Public District Grades 6-8

High School

school-card-donut-835065
9
/10
  • Carmel High School

  • 3600 Ocean Ave

  • 11.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,947. Residents of Carmel, CA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 37783 Palo Colorado Rd

What is the listing price of this property?

The listing price of 37783 Palo Colorado Rd property is $1,395,000.

What type of property is this?

The property 37783 Palo Colorado Rd is a house located in Carmel, California, 93923.

Is this property for sale now?

Active Listing: 37783 Palo Colorado Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 37783 Palo Colorado Rd are:
Carmel River Elementary School: GreatSchools Rating 9/10
Carmel Middle School: GreatSchools Rating 9/10
Carmel High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,444 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 22, 2020 for $299,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 37783 Palo Colorado Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 37783 Palo Colorado Rd is 1,991 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 37783 Palo Colorado Rd is 2022.

Rocket HomesCaliforniaMonterey CountyCarmel9392337783 Palo Colorado Rd

This home is located at 37783 Palo Colorado Rd in Carmel, CA and zip code 93923. This 1,991 square foot home, which was built in 2022, sits on a 10.27 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $1,395,000.

Over 3 listings were sold over their listed price in March 2024 in Carmel, CA. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Carmel, CA increased by 20% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,835,000, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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