844 River Rd Salinas, CA 93908
Estimated payment $17,508/month
Highlights
- Horse Property
- Granite Countertops
- Laundry Room
- 17.1 Acre Lot
- 2 Car Attached Garage
- Tile Flooring
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- 1965
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,075 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Separate Meters
- 220 Volts
- Propane
- Water Storage
- Well
- Septic Tank
Additional Features
- Horse Property
- 17.1 Acre Lot
Listing and Financial Details
Community Details
Overview
- 2,075 Sq Ft Building
Building Details
- Gardener Expense $2,700
- Insurance Expense $6,486
- Maintenance Expense $10,000
- Utility Expense $7,850
- Trash Expense $6,400
- Operating Expense $48,936
- Gross Income $282,744
Map
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 | $18,430 | $1,569,525 | $1,298,917 | $270,608 |
| 2024 | $18,430 | $1,538,751 | $1,273,449 | $265,302 |
| 2023 | $17,788 | $1,508,580 | $1,248,480 | $260,100 |
| 2022 | $17,841 | $1,479,000 | $1,224,000 | $255,000 |
| 2021 | $8,018 | $630,707 | $630,707 | $0 |
| 2020 | $12,363 | $1,039,359 | $624,240 | $415,119 |
| 2019 | $12,277 | $1,018,980 | $612,000 | $406,980 |
| 2018 | $12,082 | $999,000 | $600,000 | $399,000 |
| 2017 | $20,538 | $1,693,866 | $570,907 | $1,122,959 |
| 2016 | $19,804 | $1,660,654 | $559,713 | $1,100,941 |
| 2015 | $19,864 | $1,635,710 | $551,306 | $1,084,404 |
| 2014 | $18,900 | $1,603,670 | $540,507 | $1,063,163 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | Price Changed | $2,995,000 | -12.6% | $1,443 / Sq Ft |
| 04/10/2026 04/10/26 | Price Changed | $3,427,500 | -7.2% | $1,652 / Sq Ft |
| 02/19/2026 02/19/26 | For Sale | $3,695,000 | -- | $1,781 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,450,000 | Chicago Title Company | |
| Grant Deed | $999,000 | Chicago Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Santa Cruz Title Company | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Santa Cruz Title Company | |
| Interfamily Deed Transfer | -- | Santa Cruz Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title | |
| Grant Deed | $675,000 | Old Republic Title | |
| Grant Deed | $660,000 | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Construction | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $1,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $910,000 | Purchase Money Mortgage | |
| Previous Owner | $510,000 | Purchase Money Mortgage |
Source: MLSListings
MLS Number: ML82035507
APN: 167-061-025-000
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