Welcome home to Cheerio Tipp and The Little House–a legacy property in Carmel-by-the-Sea, offered for the first time in generations. This rare opportunity includes two houses on separate lots, totaling 9,663 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 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. 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.
Property Details
Price:
$5,850,000
MLS #:
ML82015058
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Feb 1, 2026
Finished Sq Ft:
3,074
Lot Size:
9,663 sqft / 0.22 acres (approx)
Year Built:
1954
See this Listing
Schools
School District:
Carmel Unified
Interior
Bathrooms
3 Full Bathrooms
Flooring
TILE, WOOD
Heating
FA
Exterior
Parking Spots
4
Roof
CMP, SHN
Financial
Map
Community
- AddressPalou NW of Casanova Carmel CA
- CityCarmel
- CountyMonterey
- Zip Code93921
Market Summary
Current real estate data for Single Family in Carmel as of Feb 16, 2026
69
Single Family Listed
96
Avg DOM
1,668
Avg $ / SqFt
$6,185,786
Avg List Price
Property Summary
- Palou NW of Casanova Carmel CA is a Single Family for sale in Carmel, CA, 93921. It is listed for $5,850,000 and features 4 beds, 3 baths, and has approximately 3,074 square feet of living space, and was originally constructed in 1954. The current price per square foot is $1,903. The average price per square foot for Single Family listings in Carmel is $1,668. The average listing price for Single Family in Carmel is $6,185,786.
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