844 River Road, Salinas, CA 93908
List Price: $3M
Listing Status: Active
Original List Price: $4.92M
0Days on Market: 130
3 Bedrooms · 3 Bathrooms · 2,075 sq ft
Property Type: Residential
Year Built: 1965
Lot Size: 744,876 sq ft
Garage Spaces: 2
MLS Number: ML82029948
About This Property
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.
Listing provided by: The Russell Group DRE #70010200 (888) 584-942... michelle@expmonterey.com, eXp Realty of California Inc
Source: CRMLS,