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Listed by eXp Realty of California Inc
$ 2,995,000
Est. payment /mo
Active
844 River Road Salinas, CA 93908
3 Beds
3 Baths
2,075 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,075 sqft
Price per Sqft $1,443
MLS Listing ID ML82029948
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1965
Lot Size 17.100 Acres
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Properties of this scale, with existing infrastructure and a strategic location within the Salinas Valley, rarely come to market. Situated on approximately 17.1 usable acres in the Salinas Valley, this property offers a rare combination of functional improvements and long-term upside, suited to a range of investment strategies. Currently improved with an established equestrian facility, including 45 stalls, multiple arenas, barns, and grazing areas. The property will be delivered vacant, allowing a new owner to implement their own business plan or end use from day one. The existing infrastructure provides a strong foundation for revenue generation while preserving flexibility for repositioning. Residential components include a 3-bedroom main home, an attached studio, and additional on-site living options, supporting multiple income streams or on-site management. Zoned F40 with LDR/3-5 overlay, it supports various uses. Buyers should verify zoning and development possibilities with the county. Whether establishing immediate income, securing a long-term hold, or creating flexibility for future use, this property offers compelling usability. This rare offering combines productivity with versatility for investors seeking substantial agricultural or mixed-use opportunities.
Location
State CA
County Monterey
Interior
Heating Forced Air
Cooling None
Flooring Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Microwave
Exterior
Garage Spaces 2.0
Private Pool false
Building
Lot Description Horses Possible
Story 1
Foundation Slab
Water Storage Tank, Shared Well
Schools
School District Salinas Union High, Spreckels Union Elementary