37455 Palo Colorado Rd, Carmel, CA, 93923
About This Home
Nestled beneath towering redwoods just minutes from Highway 1, this charming Big Sur Coast cabin offers the perfect blend of privacy, nature, and convenience. Set on approximately 0.9 acres with a year-round creek and natural spring water, this rustic retreat is an ideal full-time residence, weekend escape, or vacation getaway. The cozy cabin features open-beam ceilings, wood floors, a wood-burning fireplace, abundant natural light, and a spacious deck overlooking the peaceful forest setting. The property also includes a detached unpermitted guest unit, offering additional space for guests, a studio, or other flexible uses. Buyer is advised to independently verify all permits, square footage, legal uses, and future development potential with Monterey County. Enjoy the soothing sounds of the creek, fresh coastal air, and a true connection to nature while remaining within the highly regarded Carmel Unified School District and a short drive to Carmel-by-the-Sea, beaches, shopping, and world-class dining. Easy paved access, level parking, and ample space for recreational vehicles add to the propertys appeal. Experience the tranquility and timeless charm of Californias iconic redwood coast.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition, Wood
- Construction materials: Log
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Range Hood,Electric Oven/Range,Refrigerator,Washer/Dryer
Bathroom
- Features: StallShower, FullonGroundFloor
Bedroom
- Features: GroundFloorBedroom, BedroomonGroundFloor2plus
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: DiningAreainLivingRoom
Family Room
- Features: NoFamilyRoom
Features
- High Ceilings,One Or More Skylights,Vaulted Ceiling(s),Open Beam Ceiling
- Door features: None
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace features: Free Standing,Wood Burning Stove
Heating & Cooling
- Heating features: Wood Stove,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 792
- Total interior livable area: 792 sqft
Kitchen
- Features: _220VoltOutlet, Countertop_Formica
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 418041020000
- Zoning: RDR/40-D(CZ)
- Special condition: Standard
Features
- Stories: 1
- Patio & porch: Deck
- Fencing: None
- Has view: Yes
- View description: Canyon,Forest/Woods
Lot
- Lot size: 0.90 Acres
- Features: Hillside,Sloped Up
Parking
- Total spaces: 2
- Parking features: Oversized
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Landslide
- Wildfire
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,787 | $45,444 |
| Home Insurance * | $142 | $1,704 |
| Property Taxes | $649 | $7,788 |
| Electricity | $398 | $4,786 |
| Total | $4,976 | $59,712 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $749,000 |
| 2021-05-07 | Listing removed | -- |
| 2021-04-27 | Price change | $699,000 |
| 2021-04-21 | Listed for sale | $729,000 |
| 2021-04-21 | Contingent | $729,000 |
| 2021-04-07 | Listed for sale | $729,000 |
| 2019-12-07 | Listing removed | $675,000 |
| 2019-10-22 | Price change | $675,000 |
| 2019-07-20 | Price change | $699,000 |
| 2019-07-02 | Listed for sale | $739,000 |
| 2005-12-30 | Sold | $400,000 |
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