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$3,695,000 Just Listed
Property Description
Set on 17.1 scenic acres in the heart of the Salinas Valley just minutes from town, this exceptional equestrian estate offers a rare blend of rural tranquility and serious income potential. Designed for versatility, the property features a 3-bedroom main residence, a separate studio, currently 3 RV full hook-up sites with room for expansion, approximately 45 horse stalls, a regulation-size arena, and a dedicated practice arena. Well-equipped for large-scale equestrian operations or agricultural use, the property is supported by a private well and three septic systems, providing flexibility and functionality. Zoned F-40 with an LDR 35 overlay, the estate may offer additional residential development potential (buyer to verify). Whether you envision a working horse facility, income-producing venture, or private countryside retreat, this Salinas Valley property delivers scale, infrastructure, and opportunity all just minutes from town conveniences.
Full Property Details
Full Property Details for 844 River Rd
General
- Price: $3,695,000
- Status: Active
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82035507
- Updated: 2/19/2026
- Added to Site: Today
Interior
- Flooring: Carpet, Tile, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: 220 Volt Outlet, Granite Countertop, Dishwasher, Garbage Disposal, Microwave, Electric Oven/Range
- Laundry: Hookups Only
Additional Information
- Extras: Not Applicable
- Security/Safety: None
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), Propane
Utilities
- Sewer: Existing Septic System, Septic System Connected
- Water: Storage Tank, Water on Site, Well
- Utility Description: Individual Electric Meters, Propane on Site, Public Utilities
- Metering: Separate Electric
Structural Information
- Foundation: Concrete Slab
- Roof: Composition
- Disability Access: None
- Square Feet: 2,075
- Year Built: 1965
Unit Information
Unit 1
- Square Feet: 2075
- Bedrooms: 3
Unit 2
- Square Feet: 500
Unit 3
- Square Feet: 1400
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 17.1
- Minimum Lot Size: 744876
- Lot Size (Sq. Ft.): 744,876
- Building Sites: 2
- Zoning: LDR/5-VS | F/40-D
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 Pitney Bowes 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
2/19/2026
Listed
$3,695,000
154.83%
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# ML82035507) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 844 River Rd is currently listed for $3,695,000 and was received on February 19, 2026. Want to learn more about 844 River Rd? Do you have questions about finding other Multi-Family real estate for sale in Salinas? You can browse all Salinas real estate or contact a Coldwell Banker agent to request more information.
