844 River Road, Salinas, CA 93908
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
Listed by: the russell group
Office: exp realty of california inc888-584-942
MLS#:ML82035507
Source:CRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$1,443.37
About this home
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....
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Home facts
- Year built:1965
- Listing ID #:ML82035507
- Added:93 day(s) ago
- Updated:May 24, 2026 at 10:39 AM
Rooms and interior
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Disposal, Microwave
- Living area:2,075 sq. ft.
Heating and cooling
- Heating:Central, Propane
Structure and exterior
- Roof:Composition
- Year built:1965
- Building area:2,075 sq. ft.
- Lot area:17.1 Acres
- Lot Features:Horse Property
- Foundation Description:Slab
Utilities
- Water:Well
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$1,443.37
- Tax amount:$15,500
Features and amenities
- Appliances:Dishwasher, Disposal
Parking
- Total parking spaces:5
- Garage:Yes
- Garage spaces:2
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