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844 River Rd
For Sale $2,995,000 ($1,443.37 per Sq Ft)
$2,995,000 ($1,443.37 per Sq Ft)
- Units
- 2,075 Sq Ft
- 744,876 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,995,000 |
| Property Type | Flex Space |
| Usable Sqft | 2,075 |
| Number of Stories | 1 stories |
| Parking Spots | 2 spots |
| Year Built | 1965 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 167061025000 |
| MLS # | ML82035507 |
| Property ID | 322470017 |
| Lot Sqft | 744,876 |
| Zoning | LDR/5-VS | F/40-D |
| Days on Market | 112 |
| Original List Price | $3,695,000 |
| Applicances | Dishwasher,Disposal,Microwave% |
| Date Updated | May 27, 2026 |
| Date Created | February 19, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
The Russell Group an agent of . Lic #70010200
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 27, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT