844 River RD, Salinas, CA 93908
844 River RD, Salinas, CA 93908
844 River RD, Salinas, CA 93908
77
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Listed by The Russell Group • eXp Realty of California Inc, DRE#70010200
$2,995,000
Est. payment /mo
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6 Beds
5 Baths
2,075 SqFt
Price Dropped by $432K

844 River RD Salinas, CA 93908

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

+1(831) 877-2057

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 2,075 sqft

Price per Sqft $1,443

MLS Listing ID ML82035507

Bedrooms 6

Full Baths 5

Year Built 1965

Lot Size 17.100 Acres

Property Sub-Type Multiple Dwellings / Structures

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

Other Rooms Laundry Room

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

Interior

Heating Central Forced Air, Propane

Cooling None

Flooring Carpet, Tile, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

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, Water On Site, Well

Level or Stories 1

Others

Tax ID 167-061-025-000

Security Features None

Horse Property Yes

Special Listing Condition Not Applicable

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The Ruiz Group Real Estate

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