8&9 Palou NW of Casanova

• Sat Jul 19, 12:00 pm - 4:00 pm

  Be the first to see this property, on the market for the first time in generations.

• Sun Jul 20, 12:00 pm - 4:00 pm

  Be the first to see this property, on the market for the first time in generations.

Welcome home to Cheerio Tipp--a legacy property in Carmel-by-the-Sea, offered for the first time in generations. This rare opportunity includes two homes on separate lots, totaling nearly 9700 sq ft, with individual parcel numbers and utilities. The larger Cheerio Tipp is rich in charm and lore. The family owned the first television in the neighborhood; friends and neighbors were always welcome to gather around and 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. A primary suite, spacious great room, eat-in kitchen, and loft with peeks of the Pacific complete this floor. Downstairs offers a full laundry room, guest suite, and two-car garage. Next door, "The Little House" sits on a 4000 sq ft lot and includes two bedrooms, one bath, a cozy living room with fireplace, and a generous deck. Both homes enjoy Carmel stone patios, garden space, and spots to sip morning coffee or dine al fresco. Just blocks from downtown shops, restaurants, galleries, and Carmel's white sand beaches, this is a rare chance to continue a cherished legacy and become the next custodian of an extraordinary double-lot property.

Days on Market

1 day

Current Status

Active

Original Price

$5,850,000

List Price

$5,850,000

On Market Date

Jul 17, 2025

Property Type

Single Family Home

Area

141 - Northwest Carmel

Zip Code

93921

MLS ID

ML82015058

APN

010-231-003-000

Year Built

1954

Stories in Building

2

Possession

Unavailable

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

3

Parking

6

Attached Garage, Off-Street Parking

SQ FT

3,074

SQ FT Source

Unavailable

Lot SQ FT

9,663.0

Lot Acres

0.221832 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.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.