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Stunning panoramic ocean views from this beautiful 10 acre property in the Palo Colorado community along the spectacular Big Sur Coastline. This is an easy to reach property that is only about 4.5 miles from Highway 1, and about 15 miles from Carmel. There was a small cabin on the property that was lost in the Soberanes fire in 2016 and the county has a streamlined and expediated permitting process, making this a fantastic opportunity to rebuild an ocean view home. Existing water tanks remain on the property, a PG&E power pole is directly accessible next to the water tanks, and a concrete septic tank is still in place. There is also an existing State Water Resources license for water use from Palo Colorado Creek. The property is approximately 2 miles down Greenridge Road which is a dirt road off of Palo Colorado. There is a shared gate for added privacy and security. The listing includes 2 separate 5 acre parcels for a total of 10 acres, including APN's 418-091-015 & 418-091-016. The forever ocean views are truly spectacular making this very special property the perfect place to build your coastal getaway!
Listing agent: Doug Toby DRE #01239501 dtoby@kw.com, Listing office: KW Coastal Estates
MLS data updated 11/1/2026, 12:15:54 AM PT
Source: CRMLS, MLS #: ML82004409
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 13, 2025
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This home · nearest recorded event
$445,000Closed sale · Jun 13, 2025ZIP 93923 · Jun 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.