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Improved Land for Sale in Salinas, California

844 River Rd, Salinas, CA 93908

$2,995,000
17.1 acres
Active sale
$433k drop
Est $16,095/mo

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.

2,075
Sq feet
3
Beds
3
Full baths
1965
Built

Location

Street address
844 River Rd
Elevation
203 feet
Coordinates
36.5584, -121.5616

Property details

Acreage
17.1 acres
Zoning
LDR/5-VS | F/40-D
MLS #
MLSL ML82029948
Posted

Details and features

Listing

Type
Farm

Exterior

Parking
Garage-Attached
Fencing
Fenced, Partial

Structure

Water
Well
Heating
Central, Forced Air
Roof
Composition

Interior

Rooms
Bathroom x 3, Bedroom x 3, Laundry Room
Flooring
Carpet, Tile
Fireplaces
Yes
Appliances
220 Volt Outlet, Countertop-Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range-Electric

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
May 6, 2026Price drop$2,995,000$432,500 -12.6%MLSL
Apr 10, 2026Price drop$3,427,500$267,500 -7.2%MLSL
Feb 6, 2026Price drop$3,695,000$905,000 -19.7%MLSL
Jan 13, 2026Price drop$4,600,000$325,000 -6.6%MLSL
Dec 28, 2025New listing$4,925,000MLSL
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This 17.1-acre property is located at 844 River Rd in Salinas, CA 93908. The property is available for sale for $2,995,000. It has a 2,075 sq ft 3 bedroom, 3 bath house built in 1965.

Listed by eXp Realty of California, (888) 584-9427 ext. 119

Checked 2 hours agoUpdated Source

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