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$3,499,999$5,500,000$2.0M price cut

37305 Highway 1, Carmel, CA 93923

$5.5M$3.5M$2.0M below original ask (36%)

25% above the Carmel median of $2.8M (107 active listings)

36% of Carmel listings have cut their price · half have been listed 71+ days

1beds
1baths
1,221sqft
$2867/sqft

About this home

Just past Palo Colorado Road on Highway 1, sits over 15 acres of iconic Big Sur coastline, pastureland and the old Palo Colorado Canyon schoolhouse. Its a place for cool morning walks along the cliffs and sunset meditation. From the bluff above, the quaint schoolhouse has stunning views that feed the imagination with inspiration and renewal. Inside the one bedroom, one and half bathroom rental, this 1,221 square foot schoolhouse maintains its rustic charm with open beamed ceilings, a free-standing fireplace and the line of windows that frame the unmatched beauty of this wild coast. Big Sur has its way of filling both heart and soul and this is a once in a life time opportunity to own a piece of the ultimate California dream.

Property details

Property type
Single Family
Year built
1938
Lot size
676,922 sqft
Garage spaces
2
Parking spaces
3
View
Mountains,Ocean
County
Monterey
Listed
870 days ago
MLS #
81958955
Listed by
Malone Hodges · Carmel Realty Company

Features

  • Detached Garage
  • Fireplace
  • Wall Furnace
  • Living Room
  • Wood Stove
  • Hardwood
  • Tile
  • Vinyl / Linoleum
  • Composition
  • Stucco
  • Wood Frame
  • Open Beam Ceiling
  • Walk-in Closet
  • Farm Animals (Restricted)
  • Views
  • Individual Electric Meters
  • Propane On Site
  • Existing Septic
  • Septic Connected
  • Well
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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 8/13/2026. 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. MLS Listing #81958955. Listing courtesy of Carmel Realty Company.