0 Palou 9 NW of Casanova

Welcome home to Cheerio Tipp--a legacy property in Carmel-by-the-Sea, offered for the first time in generations. Cheerio Tipp is rich in charm and lore; the family owned the first television in the neighborhood; friends and neighbors often gathered around to enjoy. On the main level, vaulted ceilings and old-growth redwood interiors create a warm, inviting atmosphere. Period details remain throughout--including a built-in pipe rack, a hidden safe, and cleverly concealed storage closets. The home lives far larger than many Carmel cottages, with a spacious feel and an abundance of storage rarely found in Carmel. A primary suite, spacious great room, eat-in kitchen, and loft with an adjacent balcony offering peeks of the Pacific complete this floor. Downstairs offers a full laundry room, guest suite, and two-car garage. Palou Avenue is well-hidden and rarely frequented, as most people don't even know it exists. However, the home still sits just blocks from downtown shops, restaurants, galleries, and mere feet from the beloved Jane Powers Walkway that provides direct access to Carmel's white sand beaches. This is a rare chance to continue a cherished legacy and become the next custodian of an extraordinary coastal home.

Days on Market

46 days

Current Status

Contingent

Sold Price

Original Price

$5,850,000

List Price

$3,600,000

On Market Date

Feb 27, 2026

Contract Date

Apr 14, 2026

Close Date

Jun 15, 2026

Property Type

Single Family Home

Area

141 - Northwest Carmel

Zip Code

93921

MLS ID

ML82036655

APN

010-231-003-000

Year Built

1954

Stories in Building

2

Possession

Unavailable

COE

Jun 15, 2026

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

2

Bath

2

Parking

6

Attached Garage, Off-Street Parking

SQ FT

2,307

SQ FT Source

Unavailable

Lot SQ FT

6,000.0

Lot Acres

0.137741 Acres

Cooling

Ceiling Fan

Dining Room

Dining Area, Eat in Kitchen

Disclosures

NHDS Report

Family Room

No Family Room

Flooring

Hardwood, Tile, Vinyl / Linoleum

Foundation

Concrete Perimeter and Slab, Crawl Space, Post and Beam

Fire Place

Living Room, Wood Burning

Heating

Forced Air

Laundry

Inside

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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