1202 Castroville Road Salinas, CA $ 1,299,000
1202 Castroville Road
$ 1,299,000
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1202 Castroville Road

Salinas, CA, 93907
$ 1,299,000
Baths0.0

Monthly Estimate*

$ 8,202

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Studio

Com Land for sale in Salinas, CA

for $1,299,000. The lot size is 66.28.

Martella Home Farm is a 20% Partnership Investment Opportunity. The farm has 66.28 Total Cultivated acres, and the family home, which is rented. Located in 4 separate parcel numbers, it is being offered at 20% ownership. The farm has been long-term leased by a local farmer; the current lease is till 2029. This is not a farming opportunity; this is currently a passive investment opportunity. The other 80% is owned by family members. Discover a remarkable investment opportunity at Martella Home Farm, offering a 20% Partnership Investment in a thriving agricultural setting. The unique opportunity allows you to acquire a 20% ownership stake in this tranquil haven, currently leased long-term to a reputable local farmer, ensuring consistent income through 2029. This investment is specifically designed as a passive income opportunity, not a farming venture, making it an ideal choice for those looking to diversify their portfolio. The current five owners are motivated to sell due to an over-dilution of ownership stemming from family circumstances, presenting a rare chance for you to take part in this unique family legacy. With income distributions occurring biannually, you can enjoy a steady return on your investment.

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Com Land Active

Price

$ 1,299,000

Bedrooms

Studio

Property Type

Com Land

Taxes

$ 0

Style

Comm Lots and Land

Lot Size

66.28

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82006514

Features
General
Zoning agri
Property Subtype Comm Lots and Land
County Monterey
Property Type Commercial Land
HOA false
Status Active
Directions 207-011-026 207-011-020DONOTGOD.
City Salinas
MLS Area Listing
Lot Size Square Feet 2887156
Standard Status Active
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Exterior
Lot Size Area 66.28
Lot Size Acres 66.28
Road Surface Type Unpaved
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* Excluded Features
List By
Celeste Faraola Perie

Listing Agent

Schooner Realty

Broker

celeste@faraola.com

Email

Affordability Calculator

$8,202
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,202
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2026$1,299,000 -1.02% Price Down
2/26/2026$1,312,344 Listed Price

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1202 Castroville Road, Salinas, CA, 93907 is a Com Land for sale at $1,299,000 with a lot size of 66.28. 1202 Castroville Road is a studio with 0.0 baths. The property's zip code is 93907 which is in Salinas, CA