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$995,000$1,250,000$255K price cut

38875 Palo Colorado Road, Carmel, CA 93923

$1.3M$995K$255K below original ask (20%)· reduced Aug 30

60% below the Carmel median of $2.5M (111 active listings)

46% of Carmel listings have cut their price · half have been listed 68+ days

1beds
1baths
680sqft
$1463/sqft

About this home

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

Property details

Property type
Single Family
Year built
1997
Lot size
4,181,760 sqft
County
Monterey
Listed
180 days ago
MLS #
82038851
Listed by
Hillary Lipman · Big Sur Coast Properties

Features

  • Guest / Visitor Parking
  • Room for Oversized Vehicle
  • Uncovered Parking
  • Electric
  • Roof: Composition
  • Utilities: Propane On Site
  • Utilities: Solar Panels - Owned
  • Sewer: Existing Septic
  • Water: Spring
  • Water: Storage Tank

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 9/12/2026. 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 #82038851. Listing courtesy of Big Sur Coast Properties.