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$2,995,000
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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.
Full Property Details
Full Property Details for 844 River Rd
General
- Price: $2,995,000
- Status: Active
- Type: Farms/Ranches
- Source: RE_Infolink
- MLS ID: ML82029948
- Updated: 5/6/2026
- Added to Site: 153 day(s) ago
Interior
- Rooms/Areas: Laundry Room
- Fireplace(s): Wood-Burning
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom Features: Double Sinks, Solid Surface, Stall Shower, Tub , Tub in Primary Bedroom
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Family Room: No Family Room
- Kitchen: 220 Volt Outlet, Granite Countertop, Dishwasher, Garbage Disposal, Microwave, Electric Oven/Range
- Laundry: Electricity Hookup (220V), In Utility Room
Additional Information
- Extras: Not Applicable
Parking
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- Area: South Monterey County
- County: Monterey
- Cross Streets: River Road
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Existing Septic System, Septic System Connected
- Water: Storage Tank, Domestic Well, Shared Well
- Utility Description: Individual Electric Meters, Propane on Site, Public Utilities
Structural Information
- Foundation: Concrete Slab
- Roof: Composition
- Square Feet: 2,075
- Year Built: 1965
Lot Features
- Lot Size (Acres): 17.1
- Minimum Lot Size: 744876
- Lot Size (Sq. Ft.): 744,876
- Zoning: LDR/5-VS | F/40-D
- Fencing (Description): Fenced, Partial Fencing, Wood
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena, Barn, Barn Amenities, Boarding Stable, Fenced, Hay Storage, Paddocks, Pasture, Round Pen, Stalls, Trailer Storage, Wash Rack
Listed by eXp Realty of California Inc, The Russell Group
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Schools
Schools serving 844 River Rd
School Districts:Spreckels Union Elementary School District, Salinas Union High School District
| Name | Grades | Distance |
|---|---|---|
Spreckels Elementary School Fourth St. and Hatton Ave., Spreckels, CA 93962 | K-5 | 6.4 mi |
Buena Vista Middle School 18250 Tara Drive, Salinas, CA 93908 | 6-8 | 5.7 mi |
Salinas High School 726 South Main Street, Salinas, CA 93901 | 9-12 | 9.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 844 River Rd
Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$2,995,000
-12.62%
MLS
4/10/2026
Price Reduced
$3,427,500
-7.24%
MLS
2/06/2026
Price Reduced
$3,695,000
-19.67%
MLS
1/12/2026
Price Reduced
$4,600,000
-6.6%
MLS
12/27/2025
Listed
$4,925,000
239.66%
MLS
5/26/2021
Sold
$1,450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 844 River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,551
6%
$1,569,525
2%
2024
$18,430
4%
$1,538,751
2%
2023
$17,788
—
$1,508,580
2%
2022
$17,841
123%
$1,479,000
134%
2021
$8,018
-35%
$630,707
-39%
2020
$12,363
1%
$1,039,359
2%
2019
$12,277
2%
$1,018,980
2%
2018
$12,082
-41%
$999,000
-41%
2017
$20,538
4%
$1,693,866
2%
2016
$19,804
—
$1,660,654
2%
2015
$19,864
5%
$1,635,710
2%
2014
$18,900
-2%
$1,603,670
—
2013
$19,262
—
$1,596,424
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 844 River Rd
844 River Rd, Salinas, CA 93908 (MLS# ML82029948) is a Farms/Ranches property with 3 bedrooms and 3 full bathrooms. 844 River Rd is currently listed for $2,995,000 and was received on December 27, 2025. Want to learn more about 844 River Rd? Do you have questions about finding other Farms/Ranches real estate for sale in Salinas? You can browse all Salinas real estate or contact a Coldwell Banker agent to request more information.

