AGNSY
38109 Palo Colorado Road
Carmel · 93923

38109 Palo Colorado Road

1989 · 1 BD · 1 BA · 513 SQFT
List
$1.40M

Set across approximately 8 private acres in the redwood-lined seclusion of Palo Colorado Canyon, this offering is being sold strictly for land value and redevelopment potential. The property currently has an active Monterey County code enforcement citation, and all existing structures are red-tagged and deemed uninhabitable by Monterey County. No structures may be occupied or used in their present condition. All improvements on site will require extensive permitting, compliance work, and County approvals to address violations. Buyers should expect a significant regulatory process, which may include full remediation, reconstruction, or complete demolition of existing structures, subject to County requirements. The property is best suited for experienced investors, contractors, or buyers prepared to navigate Monterey Countys planning and building departments. The land itself offers a rare combination of privacy, natural beauty, and multiple usable areas beneath mature redwoods, creating long-term potential for a future residence or retreat once approvals are obtained. Buyer to independently verify all development possibilities, permitting pathways, timelines, and costs with Monterey County.

Bedrooms
1
Bathrooms
1
Interior
513sqft
Year built
1989
Lot size
344,124sqft
$ / Sqft
$2,719
Days on market
510d
Disclosure package
Not sourced yet.
Comp position · Sale price
Street View
Commute · Tue 8:30am
San Francisco
32m
Palo Alto
10m
Mountain View
13m
Similar homes
Offer this amount
$1.40M
What you keep at closing
$29,644
Buyer-side commission$34,875
Agnsy retains · 15%$5,231
Returned to you · 85%$29,644