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
For sale
$1,250,000
38875 Palo Colorado Rd, Carmel, CA 93923
1beds
680sqft
Est.:
Single Family Residence, Residential
Built in 1997
96 Acres Lot
$-- Zestimate®
$1,838/sqft
$-- HOA
What's special
Very private property
- 43 days |
- 2,047 |
- 79 |
Zillow last checked:
Listing updated:
Listed by:
Hillary Lipman 00923925 831-596-4607,
Big Sur Coast Properties 831-667-0540
Source: MLSListings Inc,MLS#: ML82038851
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: FormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Electric
Cooling
- None
Interior area
- Total structure area: 680
- Total interior livable area: 680 sqft
Property
Parking
- Parking features: Guest, Oversized
Lot
- Size: 96 Acres
Details
- Parcel number: 418011066
- Zoning: CZ/40
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Gas: PropaneOnSite
- Sewer: Septic Tank
- Water: Spring
- Utilities for property: Propane, Solar
Community & HOA
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $1,838/sqft
- Tax assessed value: $675,000
- Annual tax amount: $7,100
- Date on market: 3/16/2026
- Listing agreement: ExclusiveAgency
Estimated market value
Not available
Estimated sales range
Not available
$3,601/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $1,250,000$1,838/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,100 -43.2% | $675,000 -43.9% |
| 2024 | $12,498 +0.5% | $1,202,552 +2% |
| 2023 | $12,433 +3.4% | $1,178,973 +2% |
| 2022 | $12,024 +119.3% | $1,155,857 +122.3% |
| 2021 | $5,484 -52.9% | $520,000 -53.6% |
| 2020 | $11,651 +1.9% | $1,121,575 +2% |
| 2019 | $11,428 +1.9% | $1,099,585 +2% |
| 2018 | $11,217 +2.1% | $1,078,025 +2% |
| 2017 | $10,985 -31% | $1,056,888 -30.8% |
| 2016 | $15,919 +2.5% | $1,527,469 +1.5% |
| 2015 | $15,536 | $1,504,526 +2% |
| 2014 | $15,536 | $1,475,056 +2.5% |
| 2012 | -- | $1,439,599 +2% |
| 2011 | -- | $1,411,372 +0.8% |
| 2010 | -- | $1,400,824 -0.2% |
| 2009 | -- | $1,404,153 +2% |
| 2008 | -- | $1,376,622 +2% |
| 2007 | -- | $1,349,630 +2% |
| 2006 | -- | $1,323,167 +2% |
| 2005 | -- | $1,297,223 |
Find assessor info on the county website
Monthly payment
Est. payment
$7,361/mo
Principal & interest
$6215
Property taxes
$1146
More affordability tools
Climate risks
Neighborhood: 93923
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 10/10Captain Cooper Elementary SchoolGrades: K-5Distance: 24.4 mi
- 7/10Carmel Middle SchoolGrades: 6-8Distance: 12.2 mi
- 10/10Carmel High SchoolGrades: 9-12Distance: 13.3 mi
Schools provided by the listing agent
- District: CarmelUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- California
- Monterey County
- Carmel-by-the-Sea
- 93923
- 38875 Palo Colorado Rd
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