NOT LISTED FOR SALE

270 River Rd Salinas, CA 93908

River Road Neighborhood

Estimated Value: $2,247,000 - $2,967,000

4 Beds
3 Baths
3,400 Sq Ft
$763/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $2,988,000 $879 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $14,431/month

400 Days on Market

Highlights

  • Barn
  • Horse Property
  • 94.91 Acre Lot
  • Stables
  • City Lights View
  • Deck

About This Home

As of February 2024

A rare find, 3 parcels on this 95 acre gated hilltop estate features spectacular views of the entire Salinas Valley and is just waiting to thrill the next generation of ownership. Private country living at its finest, this architecturally classic 4 bed, 3 full bath home was designed & built by the original owner, a generational Salinas Valley family who enjoyed the soaring ceilings, spacious rooms, decks for entertaining & windows offering forever views. A 4th bedroom can be used as a den, complete with fireplace & another large walkout guest suite or game room for lucky visitors. The versatile land offers pastures, oak studded hills, a seasonal creek & serene canyon trails for riding and hiking, ATVs, mountain bikes and more..Complete with private well, small barn, tack room, paddocks & feed room. A recreational dream awaits your horses, dogs & 4-H projects. Pastures could be converted into crop growing. Bring your dreams on home to this forever slice of Salinas Valley magic!

Last Agent to Sell the Property

Sam Piffero

Sotheby’s International Realty License #00690879 Listed on: 10/28/2022

Sotheby’s International Realty

Co-Listed By

Aisha A. Krechuniak

Sotheby’s International Realty License #01186400

Last Buyer's Agent

Sam Piffero

Sotheby’s International Realty License #00690879 Listed on: 10/28/2022

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 94.91 Acre Lot
  • Kennel or Dog Run
  • Gated Home
  • Cross Fenced
  • Wood Fence
  • Barbed Wire
  • Fenced For Horses
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as LDR/B-6-V-S

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Property Views

  • Skyline
  • Ridge
  • Hills
  • Valley

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Circular Fireplace
  • Wood Burning Fireplace
  • Bay Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Storage Room
  • Crawl Space
  • Security Gate

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Laundry Tub
  • Electric Dryer Hookup

Outdoor Features

  • Outside Bathroom Access
  • Horse Property
  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Additional Homes

  • 840 SF Accessory Dwelling Unit

Farming

  • Barn
  • Agricultural
  • Pasture
  • Farm Animals Allowed

Horse Facilities and Amenities

  • Paddocks
  • Trailer Storage
  • Hay Storage
  • Round Pen
  • Stables
  • Arena
  • Riding Trail

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Well
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 139-022-021-000

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 840
  • Structure Sq Ft: 3400
  • Year Built: 1979
  • Zoning Description: LDR/B-6-V-S
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Hood Over Range, Microwave, Oven - Built-In, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 3400
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-hour)
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Tub / Sink
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Office Area, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Outside Access, Pass Through, Primary - Stall Shower(s), Skylight, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Pillars / Posts / Piers
  • Roof: Composition
  • View: City Lights, Hills, Pasture, Ridge, Valley
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Dog Run / Kennel, Drought Tolerant Plants, Low Maintenance, Storage Shed / Structure
  • Horse Property: Yes
  • Fencing: Barbed Wire, Fenced, Gate, Horse Fencing, Wood
  • Horse Property Description: Arena, Barn, Cross Fenced, Fenced, Hay Storage, Paddocks, Pasture, Riding Trails, Round Pen, Stalls, Trailer Storage
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 20
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Room for Oversized Vehicle, Workshop in Garage

Utilities

  • Heating System: Electric, Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Wet Bar

Lot Info

  • Lot Description: Agricultural Use, Farm Animals (Permitted), Grade - Varies, Views
  • Parcel Number: 139-022-021-000
  • Lot Acres: 94.9100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4134279.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4134279.00

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Individual Electric Meters
  • Second Unit Description: Barn

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jan 10, 2024
Sold by
J & J Armstrong Trust
Bought by
Premo Family Trust and Premo
Seller's Agent
Sam Piffero
Sotheby’s International Realty
Buyer's Agent
Sam Piffero
Sotheby’s International Realty
List Price
$3,395,000
Sold Price
$2,988,000
Premium/Discount to List
-$407,000
-11.99%
Views
510
Current Estimated Value
$2,592,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$395,206
Avg. Annual Appreciation
-7.09%
Original Mortgage
$2,000,000
Outstanding Balance
$1,963,038
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$629,756

Purchase Details

Closed on
Sep 24, 2018
Sold by
Armstrong John A
Bought by
Armstrong John A

Purchase Details

Closed on
Aug 11, 2015
Sold by
Armstrong John A and Armstrong Jacqueline T
Bought by
The J & J Armstong Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Premo Family Trust $2,988,000 Chicago Title
Armstrong John A -- None Available
The J & J Armstong Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premo Family Trust $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $2,988,000 -3.6% $879 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $3,100,000 -8.7% $912 / Sq Ft
07/26/2023 07/26/23 For Sale $3,395,000 0.0% $999 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $3,395,000 0.0% $999 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $3,395,000 -8.1% $999 / Sq Ft
03/06/2023 03/06/23 Price Changed $3,695,000 -7.5% $1,087 / Sq Ft
10/28/2022 10/28/22 For Sale $3,995,000 -- $1,175 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,068 $2,537,760 $612,000 $1,925,760
2024 $8,068 $2,488,000 $600,000 $1,888,000
2023 $7,785 $672,690 $217,695 $454,995
2022 $7,816 $659,501 $213,427 $446,074
2021 $7,472 $646,571 $209,243 $437,328
2020 $7,302 $639,942 $207,098 $432,844
2019 $7,252 $627,395 $203,038 $424,357
2018 $7,144 $615,094 $199,057 $416,037
2017 $7,295 $603,034 $195,154 $407,880
2016 $7,033 $591,211 $191,328 $399,883
2015 $7,054 $582,332 $188,455 $393,877
2014 $6,709 $570,926 $184,764 $386,162
Source: Public Records

Agents Affiliated with this Home

  • Sam Piffero

    Seller's Agent in 2024

    Sam Piffero

    Sotheby’s International Realty

    (831) 595-9291

    1 in this area

    21 Total Sales

    Sam Piffero
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Aisha A. Krechuniak

    Sotheby’s International Realty

    (831) 624-1566

    1 in this area

    20 Total Sales

    Aisha A. Krechuniak
    Section Image
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Map

Source: MLSListings

MLS Number: ML81911748

MLSListings

APN: 139-022-021-000

California Monterey County Salinas 93908 River Road

270 River Rd, Salinas, CA

Not Listed for Sale

Detached

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