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For sale
  • Price cut: $267.5K (4/10)
    $3,427,500

    844 River Rd, Salinas, CA 93908

    3beds
    2,075sqft
    : 
    Farm, Residential
    Built in 1965
    17.1 Acres Lot
    $3,209,100 Zestimate®
    $1,652/sqft
    $-- HOA

    What's special

    Dedicated practice arenaRegulation-size arenaSeparate studio
    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.
    107 days
    |
    866
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Russell Group 70010200 831-320-0201,

    eXp Realty of California Inc 888-584-9427

    Source: MLSListings Inc,MLS#: ML82029948MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Laundry
      Bathroom
      • Features: DoubleSinks, SolidSurface, StallShower, Tub, TubinPrimaryBedroom
      Dining room
      • Features: EatinKitchen, FormalDiningRoom
      Family room
      • Features: NoFamilyRoom
      Kitchen
      • Features: _220VoltOutlet, Countertop_Granite
      Heating
      • Central Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Electric Oven/Range
      • Laundry: In Utility Room
      Features
      • Flooring: Carpet, Tile
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,075
      • Total interior livable area: 2,075 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Fencing: Partial,Wood
      Lot
      • Size: 17.1 Acres
      Details
      • Additional structures: Barn, MobileHome, Stable
      • Parcel number: 167061025000
      • Zoning: LDR/5-VS | F/40-D
      • Special conditions: Standard
      • Horses can be raised: Yes
      • Horse amenities: Arena, BarnAmenities, BoardingStable, Fenced, HayStorage, Paddocks, Pasture, RoundPen, Stalls, TrailerStorage, WashRack

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm, Residential
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Gas: PropaneOnSite, PublicUtilities
      • Sewer: Septic Tank
      • Water: Shared Well
      • Utilities for property: Propane, Public Utilities

      Community & HOA

      Location
      • Region: Salinas

      Financial & listing details

      • Price per square foot: $1,652/sqft
      • Tax assessed value: $1,569,525
      • Annual tax amount: $19,551
      • Date on market: 12/27/2025
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: CashorConventionalLoan
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        Estimated market value

        $3,209,100

        $3.05M - $3.37M

        $2,898/mo

        Price history

        Price history
        DateEventPrice
        4/10/2026Price change$3,427,500-7.2%$1,652/sqft
        Source: MLSListings Inc #ML82035507 Report a problem
        2/6/2026Price change$3,695,000-19.7%$1,781/sqft
        Source: eXp Realty #ML82029948 Report a problem
        1/13/2026Price change$4,600,000-6.6%$2,217/sqft
        Source: eXp Realty #ML82029948 Report a problem
        12/28/2025Listed for sale$4,925,000+239.7%$2,373/sqft
        Source: MLSListings Inc #ML82029948 Report a problem
        5/28/2021Sold$1,450,000+45.1%$699/sqft
        Source: Public Record Report a problem
        7/7/2017Sold$999,000$481/sqft
        Source: Public Record Report a problem
        11/5/2016Listing removed$999,000$481/sqft
        Source: Town'N Country Realty #ML81518434 Report a problem
        10/26/2016Price change$999,000-33%$481/sqft
        Source: Town'N Country Realty #ML81518434 Report a problem
        6/9/2016Price change$1,490,000-6.9%$718/sqft
        Source: Town'N Country Realty #ML81518434 Report a problem
        12/8/2015Price change$1,599,900-2.4%$771/sqft
        Source: Town'N Country Realty #ML81518434 Report a problem
        10/10/2015Listed for sale$1,639,000+455.6%$790/sqft
        Source: Town'N Country Realty #ML81518434 Report a problem
        3/24/2008Sold$295,000-56.3%$142/sqft
        Source: Public Record Report a problem
        4/30/2002Sold$675,000+2.3%$325/sqft
        Source: Public Record Report a problem
        4/8/1994Sold$660,000$318/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$19,551 +6.1%$1,569,525 +2%
        2024$18,430 +3.6%$1,538,751 +2%
        2023$17,788 -0.3%$1,508,580 +2%
        2022$17,841 +122.5%$1,479,000 +134.5%
        2021$8,018 -35.1%$630,707 -39.3%
        2020$12,363 +0.7%$1,039,359 +2%
        2019$12,277 +1.6%$1,018,980 +2%
        2018$12,082 -41.2%$999,000 -41%
        2017$20,538 +3.7%$1,693,866 +2%
        2016$19,804 +4.8%$1,660,654 +1.5%
        2015$18,900 $1,635,710 +2%
        2014$18,900 $1,603,670 +33.6%
        2012-- $1,200,000 -5.5%
        2010-- $1,270,000 -16.8%
        2009-- $1,526,585 +28.7%
        2008-- $1,186,139 +2%
        2007-- $1,162,883 +4%
        2005-- $1,117,728 +2%
        2004-- $1,095,813 +1.9%
        2003-- $1,075,730 +41.7%
        2002-- $759,273 +2%
        2001$7,993 $744,386 +2%
        2000-- $729,790

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $20,231/mo
        Principal & interest
        $17089
        Property taxes
        $3142
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          Climate risks

          Neighborhood: 93908

          Getting around

          0 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          12 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: SpreckelsUnionElementary

          Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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