844 River Road
Salinas, CA 93908
$2,995,000
$3,695,000
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.
Property Details
Location
Listed by
The Russell Group
eXp Realty of California Inc
MLS# ML5088723
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