Mountain Land with Graded
For Sale
$1,285,000
38805 Palo Colorado Road, Carmel, CA 93923
CARMEL, CA
Property SizeContact for details
Days on Market63
Property Features for 38805 Palo Colorado Road
General Information
Property type
Land
Property subtype
Other
Standard status
Active
Listing Agency:
Engel & Volkers Carmel · Engel & Völkers
(925) 872-0968
Listed By:
Mike Gilson
(831) 915-0903
Added: Jul 24
Changed: Aug 19
Last Checked: Sep 24 at 7:06AM
MLS# ML82055272
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mountain land property occupies the upper Garrapatos watershed and includes a graded building site, abundant spring water, and wooded terrain featuring redwoods, madrones, and oak trees. Views extend toward the Santa Lucia Mountains, Pico Blanco, the Palo Colorado ridges, and the Pacific Ocean. The setting also supports diverse wildlife, including bobcats, foxes, deer, eagles, and hawks.
Access begins at the Hoist near the top of Palo Colorado Road, reached from Highway One. A gated private road continues through the surrounding forest to the property. The parcel is located thirteen miles south of Carmel, with the address listed as 38805 Palo Colorado Road, Carmel, CA 93923.
Access begins at the Hoist near the top of Palo Colorado Road, reached from Highway One. A gated private road continues through the surrounding forest to the property. The parcel is located thirteen miles south of Carmel, with the address listed as 38805 Palo Colorado Road, Carmel, CA 93923.
Key Highlights
- Graded building site within the upper Garrapatos watershed
- Abundant spring water on the property
- Gated private‑road access from Palo Colorado Road
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 93923, CA
12,338
Population
7,108
Households
1.7
Avg Household Size
60
Median Age
65%
College-Educated
95%
High-School Grad
202.7 sq mi
ZIP Area
61
Density / Sq Mi
$122,500
Median Household Income
$70,635
Median Earnings
$2,214
Median Rent
$1,570,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Mountain land with gated private-road access, spring water, and a graded building site.
Where is this land located?
The property is located at 38805 Palo Colorado Road Carmel, CA.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Graded building site within the upper Garrapatos watershed; Abundant spring water on the property; Gated private‑road access from Palo Colorado Road
