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37305 Highway 1, Carmel, CA 93923

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For Sale

$4,500,000

1 beds • 1 baths • 1,221 sqft

Estimated Payment

$ 23,158 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $3,685.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# ML81958955

Courtesy Of Carmel Realty Company

(831) 622-1000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Floor Covering
    Hardwood, Linoleum, Tile, Vinyl
  • Lot Size
    15.54 Acres
  • Rooms
    Dining Room, Family Room, Kitchen
  • View Type
    Mountain, Ocean

Map and Directions

Directions to 37305 Highway 1, Carmel, CA 93923

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $23,158
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $23,158

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Captain Cooper Elementary School

Grades KG-5 Public School

Big Sur, CA 93920 9.8 miles
Highway 1

49 total students
10:1 Student teacher ratio

School Details

Carmel Middle School

Grades 6-8 Public School

Carmel, CA 93923 10.1 miles
4380 carmel valley rd

573 total students
14:1 Student teacher ratio

School Rating: A

School Details

Carmel High School

Grades 9-12 Public School

Carmel, CA 93923 11 miles
3600 ocean ave

862 total students
16:1 Student teacher ratio

School Rating: A+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Carmel, CA 93923

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Carmel, CA 93923

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are above the national average.

78° July
Hottest Average Month
38° January
Coldest Average Month
7,042 Total Households in Area
-2.2% Increase in population since the year 2010
19.1%
of households
have children
15 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Carmel, CA 93923

Carmel, CA 93923 has a population of 14,397 people in 7,042 households with a median age of 60.1 years old.

-2.2%
Decrease in population
since the year 2010
Population is Trending down
6,834
Total households as of 2010
5.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 60.1 years old. The smallest percentage group is 65-74 years and the largest percentage is the 18-24 years age range.

Community Population By Ethnicity

White 81%
Hispanic 8%
Asian 6%
Other 2%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 81%, followed by Hispanic at 8%, Asian at 6%, and Other at 2%.

Economics
for Carmel, CA 93923

95 /sq mi
Population Density
$117,574 /yr
Median Household Income
$2,315,000
Median Sales Price
15 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 27.05% of the households.

Transportation to Work

  • Drive 69%
  • Work from Home 23%
  • Walk or Bike 8%
  • Public Transit 0%

Occupancy by Type

Owned 5,126 54%
Vacant 2,389 25%
Rented 1,916 20%

White vs Blue Collar Jobs







White Collar 93%
Blue Collar 7%

Family & Education Facts
for Carmel, CA 93923

60.1 Median Age

Average Household Size

2
persons per
household

61.4%

Married Households

Community Population By Education

Bachelors Degree 35%
Graduate Degree 31%
Some College 15%
High School Graduate 9%
Associates Degree 6%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 35.19% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
19.1% of households have children

Weather
for Carmel, CA 93923

The weather for this area ranges from a high of 78° F in July to a low of 38° F in January

78° July
Hottest Average Month
38° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
38°
56°
Feb
39°
57°
Mar
40°
59°
Apr
42°
63°
May
46°
67°
Jun
52°
73°
Jul
58°
78°
Aug
57°
78°
Sep
54°
77°
Oct
49°
71°
Nov
42°
62°
Dec
39°
56°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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