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Enrique Ricky Martinez

ricky@housesbyricky.com +1(408) 802-9341

Listed by The Russell Group • eXp Realty of California Inc, DRE#70010200

$ 2,995,000

Est. payment -/mo

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Price Dropped by $432K

844 River RD Salinas, CA 93908

3 Beds

3 Baths

2,075 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm / Ranch

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

Year Built 1965

Lot Size 17.100 Acres

Property Sub-Type Farm / Ranch

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

Area South Monterey County

Zoning LDR/5-VS | F/40-D

Rooms

Family Room No Family Room

Other Rooms Laundry Room

Dining Room Eat in Kitchen, Formal Dining Room

Kitchen 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric

Interior

Heating Central Forced Air

Cooling None

Flooring Carpet, Tile

Fireplaces Type Wood Burning

Laundry Electricity Hookup (220V), In Utility Room

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Fence Fenced, Partial Fencing, Wood

Utilities Available Individual Electric Meters, Propane On Site, Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Slab

Sewer Existing Septic, Septic Connected

Water Storage Tank, Well - Domestic, Well - Shared

Level or Stories 1

Others

Tax ID 167-061-025-000

Horse Property Yes

Horse Feature Arena, Barn, Barn Amenities, Boarding Stable, Fenced, Hay Storage, Paddocks, Pasture, Round Pen, Stalls, Trailer Storage, Wash Rack

Special Listing Condition Not Applicable

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Enrique Ricky Martinez

Agent | License ID: 01412926

+1(408) 802-9341

Enrique Ricky Martinez

844 River RD Salinas, CA 93908

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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844 River RD