Searchmontereypeninsulahomes.com Search Results

The Boronda Ranch is a large agricultural holding in a prime area at the northern end of the Salinas Valley consisting of 483 usable acres and two deep aquifer irrigation wells, making this a rare opportunity to acquire prime farm ground with strong water resources. The ranch is located to the west of the City Salinas in the Boronda farming district with frontage on Highway 183 & Boronda Rd. The 483 acres includes a 22-acre building yard w/ 386kw solar power system, 6 active groundwater wells, one barn and a couple modular offices. The deep aquifer wells were completed in 2018 and 2024, both at a depth of 1,700 feet and improved with 450 hp VFD motors, providing an estimated 4,900 gpm. Adjacent to the Boronda Ranch is the San Jon Ranch, also for sale, and can be acquired separately or together. The San Jon Ranch has one deep aquifer well and combined, the two ranches would total approximately 667 acres of prime, Salinas Valley farmland, an ideal package for the institutional investor, family office, or large local grower.

ML82057559 MLS

The Boronda Ranch is a large agricultural holding in a prime area at the northern end of the Salinas Valley consisting of 483 usable acres and two deep aquifer irrigation wells, making this a rare opportunity to acquire prime farm ground with strong water resources. The ranch is located to the west of the City Salinas in the Boronda farming district with frontage on Highway 183 & Boronda Rd. The 483 acres includes a 22-acre building yard w/ 386kw solar power system, 6 active groundwater wells, one barn and a couple modular offices. The deep aquifer wells were completed in 2018 and 2024, both at a depth of 1,700 feet and improved with 450 hp VFD motors, providing an estimated 4,900 gpm. Adjacent to the Boronda Ranch is the San Jon Ranch, also for sale, and can be acquired separately or together. The San Jon Ranch has one deep aquifer well and combined, the two ranches would total approximately 667 acres of prime, Salinas Valley farmland, an ideal package for the institutional investor, family office, or large local grower.

Boronda RD, Salinas

$20,900,000

This listing can be combined with ML82012658, the main cattle ranch located approximately 9 miles to the northeast. The farming component includes 5 parcels totaling 744 acres, of which 552.60 acres are highly productive level Class II soils, well-suited for a wide range of row crops. Currently farmed in leafy greens, the irrigated acreage is supported by a developed irrigation system including two high-production wells and retention ponds with an income producing lease in place with a large local agricultural cooperative, providing reliable annual revenue. The soil quality, water availability, mild Mediterranean climate, and existing infrastructure offer significant flexibility for future crop rotations or diversified production. Utilities are also in place, making this farmland fully equipped for ongoing agricultural or other diversified uses.

ML82012659 MLS

This listing can be combined with ML82012658, the main cattle ranch located approximately 9 miles to the northeast. The farming component includes 5 parcels totaling 744 acres, of which 552.60 acres are highly productive level Class II soils, well-suited for a wide range of row crops. Currently farmed in leafy greens, the irrigated acreage is supported by a developed irrigation system including two high-production wells and retention ponds with an income producing lease in place with a large local agricultural cooperative, providing reliable annual revenue. The soil quality, water availability, mild Mediterranean climate, and existing infrastructure offer significant flexibility for future crop rotations or diversified production. Utilities are also in place, making this farmland fully equipped for ongoing agricultural or other diversified uses.

48453 Lonoak RD, King City

$11,490,000

Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.

ML82041466 MLS

Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.

498 Fremont ST, Monterey

$10,350,000

The San Jon Ranch is a prime row crop ranch north of Salinas in the prized Salinas Valley, one of the worlds premiere regions for growing fresh vegetables and strawberries. With 183 gross acres of mostly level farmland and two groundwater wells, one of which is a deep aquifer well completed in 2024, this ranch greatly benefits from an ideal growing climate, highly productive soils, and very reliable water resources. In addition to the farmland, there is a 3-acre yard area with two single family dwellings and a 1,560 square foot storage building. The ranch is leased through the 2027 growing season and is an ideal agricultural property for the investor or grower. Adjacent to the San Jon Ranch is the Boronda Ranch, which is also for sale, and can be purchased separately or together. The Boronda Ranch has two deep aquifer wells, along with several other wells, and combined, the two ranches would total approximately 667 acres of prime, Salinas Valley farmland, an ideal package for the institutional investor, family office, or large local grower.

ML82057786 MLS

The San Jon Ranch is a prime row crop ranch north of Salinas in the prized Salinas Valley, one of the worlds premiere regions for growing fresh vegetables and strawberries. With 183 gross acres of mostly level farmland and two groundwater wells, one of which is a deep aquifer well completed in 2024, this ranch greatly benefits from an ideal growing climate, highly productive soils, and very reliable water resources. In addition to the farmland, there is a 3-acre yard area with two single family dwellings and a 1,560 square foot storage building. The ranch is leased through the 2027 growing season and is an ideal agricultural property for the investor or grower. Adjacent to the San Jon Ranch is the Boronda Ranch, which is also for sale, and can be purchased separately or together. The Boronda Ranch has two deep aquifer wells, along with several other wells, and combined, the two ranches would total approximately 667 acres of prime, Salinas Valley farmland, an ideal package for the institutional investor, family office, or large local grower.

San Jon RD, Salinas

$9,250,000

The Espinosa Ranch is located at the north end of the Salinas Valley in the Boronda-Espinosa Farming District. This area is approximately 5.5 miles west of the Monterey Bay and is characterized by its rolling topography, clay loam soils, and a cool coastal growing environment ideal for growing strawberries, lettuce, and many other vegetable crops that thrive under the summers coastal marine layer. The ranch has a gross acreage of 265 acres with 194 usable acres. The usable acreage is commercially farmed and divided into multiple blocks with the additional acreage available for possible expansion of 20+/- acres that have historically been farmed for artichokes, pumpkins and other single-season crops. Water is provided by the Castroville Seawater Intrusion Project (CSIP) and distributed by high pressure PVC lines. While the ranch is currently farmed for strawberries with a vegetable rotation, the lease runs through the 2026 season with an opportunity for an owner-grower for the 2027 growing season. The property is enrolled in a Farmland Security Zone Contract which provides significant tax benefits upon a sale.

ML82047436 MLS

The Espinosa Ranch is located at the north end of the Salinas Valley in the Boronda-Espinosa Farming District. This area is approximately 5.5 miles west of the Monterey Bay and is characterized by its rolling topography, clay loam soils, and a cool coastal growing environment ideal for growing strawberries, lettuce, and many other vegetable crops that thrive under the summers coastal marine layer. The ranch has a gross acreage of 265 acres with 194 usable acres. The usable acreage is commercially farmed and divided into multiple blocks with the additional acreage available for possible expansion of 20+/- acres that have historically been farmed for artichokes, pumpkins and other single-season crops. Water is provided by the Castroville Seawater Intrusion Project (CSIP) and distributed by high pressure PVC lines. While the ranch is currently farmed for strawberries with a vegetable rotation, the lease runs through the 2026 season with an opportunity for an owner-grower for the 2027 growing season. The property is enrolled in a Farmland Security Zone Contract which provides significant tax benefits upon a sale.

Espinosa RD, Salinas

$7,995,000

The Rouse Ridge Ranch is located in unincorporated North Salinas Valley and consists of approximately 262 beautiful slightly rolling agricultural acres. Situated in a prime location with farming of irrigated row crops, strawberries, blackberries & raspberries. This farmland has been maintained by the current lease holder, a grower for Driscoll. There are two highly productive wells, one located on each of 2 legal parcels with high pressure underground distribution lines. Each deep well produces approximately 1,200/1,400 GPM and both have concrete sanitary seals. Well maintained road infrastructure for harvesting and ideal access from Blackie Road which connects to Highway 101 with an easy haul over to 183 and HWY 1. Possible opportunity for development on Parcel 1, which is the eastern parcel and zoned Low Density Residential 2.5 acres per unit - Design Control District. There are some possible development sites with gentle meadow lands and vistas over to Fremont Peak. Property is not in the Williamson Act. Survey of entire property just completed and on file with Monterey County. Sellers have actively maintained all permits and conditions with County and State. Seller OK with 1031 exchange.

ML81984533 MLS

The Rouse Ridge Ranch is located in unincorporated North Salinas Valley and consists of approximately 262 beautiful slightly rolling agricultural acres. Situated in a prime location with farming of irrigated row crops, strawberries, blackberries & raspberries. This farmland has been maintained by the current lease holder, a grower for Driscoll. There are two highly productive wells, one located on each of 2 legal parcels with high pressure underground distribution lines. Each deep well produces approximately 1,200/1,400 GPM and both have concrete sanitary seals. Well maintained road infrastructure for harvesting and ideal access from Blackie Road which connects to Highway 101 with an easy haul over to 183 and HWY 1. Possible opportunity for development on Parcel 1, which is the eastern parcel and zoned Low Density Residential 2.5 acres per unit - Design Control District. There are some possible development sites with gentle meadow lands and vistas over to Fremont Peak. Property is not in the Williamson Act. Survey of entire property just completed and on file with Monterey County. Sellers have actively maintained all permits and conditions with County and State. Seller OK with 1031 exchange.

16475 Blackie RD, Salinas

$7,920,000

The Murphy Ranch is a 162.5 acre irrigated row crop ranch that is located off Murphy Hill Road, approximately four miles east of Watsonville, Monterey County, California. This is a rare opportunity to acquire a productive irrigated row crop ranch located in the highly desirable Pajaro Valley. The nearly level topography and Class I and II soils make the ranch ideal for berry farming. Two on-site irrigation wells provide ample water and the building improvements have good rental potential or utility as agricultural support structures.

ML82038609 MLS

The Murphy Ranch is a 162.5 acre irrigated row crop ranch that is located off Murphy Hill Road, approximately four miles east of Watsonville, Monterey County, California. This is a rare opportunity to acquire a productive irrigated row crop ranch located in the highly desirable Pajaro Valley. The nearly level topography and Class I and II soils make the ranch ideal for berry farming. Two on-site irrigation wells provide ample water and the building improvements have good rental potential or utility as agricultural support structures.

0 Murphy Hill RD, Watsonville

$6,500,000

Once-in-a-Generation Trophy Coastal Asset An extraordinary opportunity to acquire one of California's most unique and historically significant coastal properties. Situated on approximately 4.28 acres overlooking the Pacific Ocean at 1352 Lighthouse Avenue, Pacific Grove, this landmark property was formerly occupied by the National Oceanic and Atmospheric Administration (NOAA) and is surrounded by some of the Monterey Peninsula's most iconic destinations. Properties of this scale, historical significance, and irreplaceable oceanfront location rarely become available. This is a true legacy trophy property, ideally suited for high-net-worth individuals, family offices, foundations, educational institutions, research organizations, and mission-driven investors seeking ownership of an iconic California coastal asset. Pursuant to the recorded deed and the City of Pacific Grove's Local Coastal Program, future use of the property is subject to coastal regulations and applicable governmental approvals. Buyers are encouraged to conduct their own independent investigations regarding zoning, permitted uses, development potential, historical resources, environmental regulations, and Coastal Commission requirements.

ML82053080 MLS

Once-in-a-Generation Trophy Coastal Asset An extraordinary opportunity to acquire one of California's most unique and historically significant coastal properties. Situated on approximately 4.28 acres overlooking the Pacific Ocean at 1352 Lighthouse Avenue, Pacific Grove, this landmark property was formerly occupied by the National Oceanic and Atmospheric Administration (NOAA) and is surrounded by some of the Monterey Peninsula's most iconic destinations. Properties of this scale, historical significance, and irreplaceable oceanfront location rarely become available. This is a true legacy trophy property, ideally suited for high-net-worth individuals, family offices, foundations, educational institutions, research organizations, and mission-driven investors seeking ownership of an iconic California coastal asset. Pursuant to the recorded deed and the City of Pacific Grove's Local Coastal Program, future use of the property is subject to coastal regulations and applicable governmental approvals. Buyers are encouraged to conduct their own independent investigations regarding zoning, permitted uses, development potential, historical resources, environmental regulations, and Coastal Commission requirements.

1352 Lighthouse, Pacific Grove

$6,490,000

The Struby Ranch presents a rare opportunity to acquire 111.5+- acres in the Boronda-Espinosa Farming District just west of Salinas. Located at 30 San Jon Road, the property features approximately 92.68+- acres of actively farmed row crop ground well-suited for lettuces, leafy greens, strawberries, and other high-value coastal crops. The ranch offers a desirable mix of level to gently rolling topography with quality Antioch sandy loam soils and strong farming fundamentals. Building improvements include a 3 bed 2 bath residence, a 2 Bed 1 Bath residence and one uninhabitable residence, along with farm buildings, shop space, barns, and supporting agricultural infrastructure. The existing homes provide potential for additional rental income, employee housing, or owner-operator use. Irrigation water is supplied by an agricultural well. The farmland is currently leased under a net lease through 2028. The property is subject to a 20-year Williamson Act Contract and is Zoned Farmlands (F/40). Easy access from San Jon Road with close proximity to Highway 101, Salinas, and major agricultural operations throughout the Valley. A strong long-term investment opportunity for growers, investors, and legacy agricultural ownership.

ML82044784 MLS

The Struby Ranch presents a rare opportunity to acquire 111.5+- acres in the Boronda-Espinosa Farming District just west of Salinas. Located at 30 San Jon Road, the property features approximately 92.68+- acres of actively farmed row crop ground well-suited for lettuces, leafy greens, strawberries, and other high-value coastal crops. The ranch offers a desirable mix of level to gently rolling topography with quality Antioch sandy loam soils and strong farming fundamentals. Building improvements include a 3 bed 2 bath residence, a 2 Bed 1 Bath residence and one uninhabitable residence, along with farm buildings, shop space, barns, and supporting agricultural infrastructure. The existing homes provide potential for additional rental income, employee housing, or owner-operator use. Irrigation water is supplied by an agricultural well. The farmland is currently leased under a net lease through 2028. The property is subject to a 20-year Williamson Act Contract and is Zoned Farmlands (F/40). Easy access from San Jon Road with close proximity to Highway 101, Salinas, and major agricultural operations throughout the Valley. A strong long-term investment opportunity for growers, investors, and legacy agricultural ownership.

30 San Jon RD, Salinas

$6,450,000

Loma Vista Gardens is a generational asset at the heart of Big Sur. Originally established in 1908, it has operated continuously as a visitor-serving destination, first as an inn, diner, and nursery, and later as the home of the beloved Big Sur Bakery & Restaurant, a globally recognized culinary landmark. In 2024, tragedy struck when the Bakery was destroyed in a kitchen fire. This left a void in the Big Sur community, but has created an extraordinary opening to reimagine one of the most storied commercial properties on the California coast. Loma Vista is one of only approximately 14 commercially zoned properties along this stretch of Highway One, which attracts more than 7 million visitors annually. Its continuous commercial use and established footprint position it uniquely within a regulatory environment where new development is exceptionally constrained. Loma Vista is a direct neighbor to two of the most prestigious hospitality assets in North America: Ventana Big Sur, an Alila Resort, and Post Ranch Inn. Loma Vista is being offered with existing, income-producing businesses, including a well-established wedding venue, the historic Shell gas station, and five retail spaces, three of which will be delivered vacant, providing immediate leasing and repositioning upside.

ML82041153 MLS

Loma Vista Gardens is a generational asset at the heart of Big Sur. Originally established in 1908, it has operated continuously as a visitor-serving destination, first as an inn, diner, and nursery, and later as the home of the beloved Big Sur Bakery & Restaurant, a globally recognized culinary landmark. In 2024, tragedy struck when the Bakery was destroyed in a kitchen fire. This left a void in the Big Sur community, but has created an extraordinary opening to reimagine one of the most storied commercial properties on the California coast. Loma Vista is one of only approximately 14 commercially zoned properties along this stretch of Highway One, which attracts more than 7 million visitors annually. Its continuous commercial use and established footprint position it uniquely within a regulatory environment where new development is exceptionally constrained. Loma Vista is a direct neighbor to two of the most prestigious hospitality assets in North America: Ventana Big Sur, an Alila Resort, and Post Ranch Inn. Loma Vista is being offered with existing, income-producing businesses, including a well-established wedding venue, the historic Shell gas station, and five retail spaces, three of which will be delivered vacant, providing immediate leasing and repositioning upside.

47540 Highway 1, Big Sur

$5,950,000

102 W. Carmel Valley Road is an updated boutique hotel located in the heart of Carmel Valley Village. Situated on approximately 1.34 acres (58,352 SF), the Hidden Valley Inn is a 26-room hotel originally constructed in 1962. Almost completely updated between 2017 and 2025, the property includes high-end furnishings, a pool, an office, and a managers unit. At the top of the property along Carmel Valley Road, there is a two-bedroom two-and-a-half-bath house, a connecting studio suite, a managers unit, and a laundry facility. Down the tree-lined driveway reside three buildings containing the remaining 24 hotel rooms, the office, and the pool. This is a unique opportunity to acquire a turn-key boutique hotel in one of Monterey Countys most sought-after destinations.

ML82056326 MLS

102 W. Carmel Valley Road is an updated boutique hotel located in the heart of Carmel Valley Village. Situated on approximately 1.34 acres (58,352 SF), the Hidden Valley Inn is a 26-room hotel originally constructed in 1962. Almost completely updated between 2017 and 2025, the property includes high-end furnishings, a pool, an office, and a managers unit. At the top of the property along Carmel Valley Road, there is a two-bedroom two-and-a-half-bath house, a connecting studio suite, a managers unit, and a laundry facility. Down the tree-lined driveway reside three buildings containing the remaining 24 hotel rooms, the office, and the pool. This is a unique opportunity to acquire a turn-key boutique hotel in one of Monterey Countys most sought-after destinations.

102 W Carmel Valley RD, Carmel Valley

$5,950,000

A rare opportunity to own a historic family compound spanning 86.9 acres with approximately 4,000 feet of pristine Elkhorn Slough frontage. Rich in history and natural beauty, this remarkable property was first settled over 150 years ago by Captain Charlie Moss, a founding figure of Moss Landing. Set within one of the most ecologically significant areas on the California coast and recognized by Audubon as a Top 10 birdwatching destination, the land offers a rich connection to nature. Enjoy daily encounters with sea otters, birdlife, and sweeping views toward the harbor and Monterey Bay. Designed for multi generational living or a private retreat, the compound includes five dwellings: Main residence ~ 3,500 sq. ft. 4/3, Cottage ~ 600 sq. ft. 1/1, Residence #2 ~ 2,300 sq. ft. 2/2 with garage, Residence #3: ~1,700 sq. ft. 2/2 with garage, Cabin/Studio with kitchen & bath. Agricultural and utility structures include a 4,400 sq. ft. barn (~ 55' x 80'), two more barns, machine shop, milk shack, and chicken coop, offering endless possibilities for farming or recreation. Steeped in history and held by one family for generations, this property is ready for its next steward. A rare chance to own a true piece of Californias coastal heritage, where land, legacy, and lifestyle come together.

ML82043805 MLS

A rare opportunity to own a historic family compound spanning 86.9 acres with approximately 4,000 feet of pristine Elkhorn Slough frontage. Rich in history and natural beauty, this remarkable property was first settled over 150 years ago by Captain Charlie Moss, a founding figure of Moss Landing. Set within one of the most ecologically significant areas on the California coast and recognized by Audubon as a Top 10 birdwatching destination, the land offers a rich connection to nature. Enjoy daily encounters with sea otters, birdlife, and sweeping views toward the harbor and Monterey Bay. Designed for multi generational living or a private retreat, the compound includes five dwellings: Main residence ~ 3,500 sq. ft. 4/3, Cottage ~ 600 sq. ft. 1/1, Residence #2 ~ 2,300 sq. ft. 2/2 with garage, Residence #3: ~1,700 sq. ft. 2/2 with garage, Cabin/Studio with kitchen & bath. Agricultural and utility structures include a 4,400 sq. ft. barn (~ 55' x 80'), two more barns, machine shop, milk shack, and chicken coop, offering endless possibilities for farming or recreation. Steeped in history and held by one family for generations, this property is ready for its next steward. A rare chance to own a true piece of Californias coastal heritage, where land, legacy, and lifestyle come together.

7201 Hwy 1, Moss Landing

$5,495,000

Rare 24.81± acre offering near the northern edge of Salinas, approximately one-quarter mile from Highway 101. Includes 5.17± acres zoned Heavy Commercial and 19.64± acres zoned Farmland (F/40), with approximately 980 feet of Espinosa Road frontage and level terrain. Land of this size and zoning seldom comes available in this area, offering a broad range of potential commercial uses. Four residences will be delivered vacant: a 2,758± SF main home with a stone fireplace, separate dining and family rooms, front porch and garage; a standalone 1BR/1BA home; and a duplex with two 2BR/1BA units. Residences are served by municipal water. A 23-acre row-crop lease generates $41,400 annually. The cultivated land has a history of organic strawberry production and an agricultural well. Estimated residential rents of $11,000/month bring projected gross annual income to $173,400 at full occupancy, before expenses. Residential uses are reported as legal nonconforming. Future uses are subject to County review, applicable approvals and existing lease terms. Buyer to verify property details, allowable uses and income projections.

ML82062986 MLS

Rare 24.81± acre offering near the northern edge of Salinas, approximately one-quarter mile from Highway 101. Includes 5.17± acres zoned Heavy Commercial and 19.64± acres zoned Farmland (F/40), with approximately 980 feet of Espinosa Road frontage and level terrain. Land of this size and zoning seldom comes available in this area, offering a broad range of potential commercial uses. Four residences will be delivered vacant: a 2,758± SF main home with a stone fireplace, separate dining and family rooms, front porch and garage; a standalone 1BR/1BA home; and a duplex with two 2BR/1BA units. Residences are served by municipal water. A 23-acre row-crop lease generates $41,400 annually. The cultivated land has a history of organic strawberry production and an agricultural well. Estimated residential rents of $11,000/month bring projected gross annual income to $173,400 at full occupancy, before expenses. Residential uses are reported as legal nonconforming. Future uses are subject to County review, applicable approvals and existing lease terms. Buyer to verify property details, allowable uses and income projections.

431 Espinosa RD, Salinas

$5,265,000

ML82015608 MLS

5 Harris CT J K L, Monterey

$4,250,000

17-unit multifamily investment opportunity in the coastal market of Castroville. The property features a highly desirable unit mix of 2-bedroom, 1-bath units, well-suited for strong workforce and family rental demand in the area. The asset offers a combination of stable in-place income with value-add potential, supported by newer roofs. Units feature functional layouts with durable finishes, and the property includes on-site coin-operated laundry and designated tenant parking, enhancing convenience and retention. Strategically located with easy access to Highway 1 and Highway 183, providing connectivity to Salinas, Monterey, and Santa Cruz employment hubs. Castroville continues to experience strong rental demand driven by limited housing supply and its position as a more affordable alternative to surrounding coastal markets.

ML82045975 MLS

17-unit multifamily investment opportunity in the coastal market of Castroville. The property features a highly desirable unit mix of 2-bedroom, 1-bath units, well-suited for strong workforce and family rental demand in the area. The asset offers a combination of stable in-place income with value-add potential, supported by newer roofs. Units feature functional layouts with durable finishes, and the property includes on-site coin-operated laundry and designated tenant parking, enhancing convenience and retention. Strategically located with easy access to Highway 1 and Highway 183, providing connectivity to Salinas, Monterey, and Santa Cruz employment hubs. Castroville continues to experience strong rental demand driven by limited housing supply and its position as a more affordable alternative to surrounding coastal markets.

11320 Sanchez ST, Castroville

$4,200,000

Rare opportunity to acquire two adjacent light industrial properties in the Castroville Industrial Park totaling approximately 2.27 acres. Located at 11000 and 11080 Commercial Parkway, this combined offering includes a ±6,585 SF industrial building on one parcel and an additional ±1.02-acre parcel with warehouse providing exceptional flexibility for expansion, storage, or redevelopment. Built out administrative building with reception area, restrooms and conference room. The properties benefit from their strategic location near Highway 156 and Highway 1, offering convenient access to Monterey, Salinas, and Santa Cruz markets. Ideal for owner-users looking to scale operations or investors seeking value-add potential in a tightly held industrial submarket. With ample land, functional improvements, and strong regional connectivity, this is a unique chance to secure a versatile industrial footprint on Californias Central Coast.

ML82042003 MLS ⋅ Castroville Industrial Park BLDG.

Rare opportunity to acquire two adjacent light industrial properties in the Castroville Industrial Park totaling approximately 2.27 acres. Located at 11000 and 11080 Commercial Parkway, this combined offering includes a ±6,585 SF industrial building on one parcel and an additional ±1.02-acre parcel with warehouse providing exceptional flexibility for expansion, storage, or redevelopment. Built out administrative building with reception area, restrooms and conference room. The properties benefit from their strategic location near Highway 156 and Highway 1, offering convenient access to Monterey, Salinas, and Santa Cruz markets. Ideal for owner-users looking to scale operations or investors seeking value-add potential in a tightly held industrial submarket. With ample land, functional improvements, and strong regional connectivity, this is a unique chance to secure a versatile industrial footprint on Californias Central Coast.

11080 Commercial PKWY, Castroville

$4,095,000

743 & 755 La Guardia Street present a rare opportunity to acquire two contiguous Industrial Business Park (IBP) zoned land parcels totaling approximately 4.94 acres within the highly desirable Salinas Airport Business Center. Consisting of approximately 2.47 acres each, the properties offer exceptional flexibility for developers, investors, and owner-users seeking one of the region's increasingly scarce industrial land opportunities. With a 0.40 Floor Area Ratio (FAR), the site offers a preliminary theoretical development capacity of approximately 86,000 square feet when developed as a combined project, or approximately 43,000 square feet per parcel, subject to final site planning, parking requirements, loading configurations, stormwater management, airport overlay review, and City of Salinas approvals.

ML82060477 MLS

743 & 755 La Guardia Street present a rare opportunity to acquire two contiguous Industrial Business Park (IBP) zoned land parcels totaling approximately 4.94 acres within the highly desirable Salinas Airport Business Center. Consisting of approximately 2.47 acres each, the properties offer exceptional flexibility for developers, investors, and owner-users seeking one of the region's increasingly scarce industrial land opportunities. With a 0.40 Floor Area Ratio (FAR), the site offers a preliminary theoretical development capacity of approximately 86,000 square feet when developed as a combined project, or approximately 43,000 square feet per parcel, subject to final site planning, parking requirements, loading configurations, stormwater management, airport overlay review, and City of Salinas approvals.

743 & 755 La Guardia ST, Salinas

$3,995,000

Rare opportunity to acquire a generationally held 22-unit apartment complex in Salinas, owned by the same family since its original construction. The property features a consistent unit mix of two-bedroom, one-bathroom residences that have been well maintained over the years. Comfortable and functional in their present condition, the interiors also offer opportunities for selective modernization as units become available, allowing new ownership to build upon a solid foundation and enhance long-term value. Parking includes 23 covered carport spaces and 13 additional open spaces. An on-site laundry facility offers added convenience for residents. Current rents and future increases are subject to City of Salinas rent regulations and should be independently verified by the buyer.

ML82058355 MLS

Rare opportunity to acquire a generationally held 22-unit apartment complex in Salinas, owned by the same family since its original construction. The property features a consistent unit mix of two-bedroom, one-bathroom residences that have been well maintained over the years. Comfortable and functional in their present condition, the interiors also offer opportunities for selective modernization as units become available, allowing new ownership to build upon a solid foundation and enhance long-term value. Parking includes 23 covered carport spaces and 13 additional open spaces. An on-site laundry facility offers added convenience for residents. Current rents and future increases are subject to City of Salinas rent regulations and should be independently verified by the buyer.

608 N Sanborn RD, Salinas

$3,800,000

Rare opportunity for an almost 16,000 SF retail building on a major Monterey thoroughfare. Busy corner location at the corner of Lighthouse Ave and Dickman Ave. Currently a furniture retailer, could be anything. Roll-up loading door on side street. Owner/user or potential redevelopment. Great opportunity, possible redevelopment or use as is.

ML82053558 MLS

Rare opportunity for an almost 16,000 SF retail building on a major Monterey thoroughfare. Busy corner location at the corner of Lighthouse Ave and Dickman Ave. Currently a furniture retailer, could be anything. Roll-up loading door on side street. Owner/user or potential redevelopment. Great opportunity, possible redevelopment or use as is.

299 Lighthouse AVE, Monterey

$3,690,000

ML82019893 MLS

527-539 Ramona AVE, Monterey

$3,600,000

ML82047454 MLS

1616 N Main ST, Salinas

$3,500,000

ML82066041 MLS ⋅ Fox Theater BLDG.

241 Main ST, Salinas

$3,500,000

Prime commercial / agricultural real estate featuring a dedicated 29,100 square foot specialized food processing warehouse. This facility is designed for efficiency, including refrigeration and ancillary office spaces. The offering comprises a total of 2.58 acres of land. Positioned in a key commercial area, this property is ideal for an operator requiring a large-footprint, specialized industrial space.

ML82048631 MLS

Prime commercial / agricultural real estate featuring a dedicated 29,100 square foot specialized food processing warehouse. This facility is designed for efficiency, including refrigeration and ancillary office spaces. The offering comprises a total of 2.58 acres of land. Positioned in a key commercial area, this property is ideal for an operator requiring a large-footprint, specialized industrial space.

Lewis RD, Royal Oaks

$3,490,000

The Gio Vineyard is an irrigated ranch property located within the Arroyo Seco AVA, and intensively farmed for vineyards and row crops, in an area known for its excellent water resources. The Arroyo Seco Cone is renowned for being a highly permeable groundwater recharge zone and is regarded by local growers as one of the best water regions in the Salinas Valley for both water quality and quantity. Irrigation water is supplied from a single groundwater well drilled in 1992 with a 100hp motor and yielding over 1,000 gpm.

ML82037969 MLS

The Gio Vineyard is an irrigated ranch property located within the Arroyo Seco AVA, and intensively farmed for vineyards and row crops, in an area known for its excellent water resources. The Arroyo Seco Cone is renowned for being a highly permeable groundwater recharge zone and is regarded by local growers as one of the best water regions in the Salinas Valley for both water quality and quantity. Irrigation water is supplied from a single groundwater well drilled in 1992 with a 100hp motor and yielding over 1,000 gpm.

0 Elm, Greenfield

$3,300,000

The Somavia Ranch is a prime, agricultural property in the heart of the Salinas Valley between Salinas and Gonzales. This 66-acre ranch is located within an excellent water resource area that is regarded by local farmers as having a higher-than-average aquifer recharge rate as compared to other areas in the valley. Fertile loam soils are irrigated by one irrigation well that produces approximately 767 gallons per minute and a well pump equipped with a 100 hp motor. This is an excellent opportunity to purchase a prime piece of Salinas Valley farmland!

ML82040178 MLS

The Somavia Ranch is a prime, agricultural property in the heart of the Salinas Valley between Salinas and Gonzales. This 66-acre ranch is located within an excellent water resource area that is regarded by local farmers as having a higher-than-average aquifer recharge rate as compared to other areas in the valley. Fertile loam soils are irrigated by one irrigation well that produces approximately 767 gallons per minute and a well pump equipped with a 100 hp motor. This is an excellent opportunity to purchase a prime piece of Salinas Valley farmland!

Somavia RD, Salinas

$3,295,000

ON the market for the first time, 400 Camino Aguajito in Monterey, CA is a two-level, +/-12,114 SF office building that offers incredible views of El Estero Lake from most suites and includes 30 surface level parking spaces and 8 covered spaces. The building currently has multiple tenants on varying, shorter-term leases, positioning the property well for both investors and owner/users.

ML82060360 MLS

ON the market for the first time, 400 Camino Aguajito in Monterey, CA is a two-level, +/-12,114 SF office building that offers incredible views of El Estero Lake from most suites and includes 30 surface level parking spaces and 8 covered spaces. The building currently has multiple tenants on varying, shorter-term leases, positioning the property well for both investors and owner/users.

400 Camino Aguajito, Monterey

$3,260,000

The Doud 1 Ranch is a 119-acre Arroyo Seco vineyard with 99 acres planted to Clone 4 Chardonnay. The vineyard was planted in 1996-1997 in a region known for excellent water quality and quantity, providing outstanding value for its combination of fruit quality and price along the Central Coast. The fruit from this vineyard is a critical component to sellers chardonnay program, so the seller is willing to lease back the property for 3 years at a pre-established rental rate. This is a great opportunity to purchase the property with excellent water resources, have an immediate cash return on investment, while allowing time for the overall winegrape market to improve.

ML82042318 MLS

The Doud 1 Ranch is a 119-acre Arroyo Seco vineyard with 99 acres planted to Clone 4 Chardonnay. The vineyard was planted in 1996-1997 in a region known for excellent water quality and quantity, providing outstanding value for its combination of fruit quality and price along the Central Coast. The fruit from this vineyard is a critical component to sellers chardonnay program, so the seller is willing to lease back the property for 3 years at a pre-established rental rate. This is a great opportunity to purchase the property with excellent water resources, have an immediate cash return on investment, while allowing time for the overall winegrape market to improve.

38156 Elm AVE, Greenfield

$3,200,000

Welcome to 45470 Carmel Valley Road in Greenfield, a great investment opportunity where peaceful country living meets exceptional income potential. Royal Sierra Mobile Home Park features 21 mobile home spaces plus a spacious main residence that can be owner-occupied or provide additional rental income. The main home offers two private entrances, a 2-car garage, and office space, ideal for on-site management or multi-generational living. Each mobile home has its own fenced yard, creating privacy throughout the community. Residents can enjoy three BBQ areas, a refreshing pool, three fountains, and a natural river providing the perfect setting for relaxing and gathering with family. Additional highlights include 2 10,000-gallon water tanks. A covered open structure for extra vehicle, RV, or golf cart parking. Blending country charm, scenic beauty, many possibilities, and strong investment potential. This unique Greenfield property is an opportunity you won't want to miss!

ML82052474 MLS ⋅ Royal Sierra States M H Park BLDG.

Welcome to 45470 Carmel Valley Road in Greenfield, a great investment opportunity where peaceful country living meets exceptional income potential. Royal Sierra Mobile Home Park features 21 mobile home spaces plus a spacious main residence that can be owner-occupied or provide additional rental income. The main home offers two private entrances, a 2-car garage, and office space, ideal for on-site management or multi-generational living. Each mobile home has its own fenced yard, creating privacy throughout the community. Residents can enjoy three BBQ areas, a refreshing pool, three fountains, and a natural river providing the perfect setting for relaxing and gathering with family. Additional highlights include 2 10,000-gallon water tanks. A covered open structure for extra vehicle, RV, or golf cart parking. Blending country charm, scenic beauty, many possibilities, and strong investment potential. This unique Greenfield property is an opportunity you won't want to miss!

45470 Carmel Valley RD, Greenfield

$3,100,000

Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations. This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.

ML82020072 MLS

Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations. This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.

6 S Wood ST, Salinas

$2,999,000

Exceptional opportunity to acquire a fully improved agricultural/industrial property with significant power capacity and large-scale greenhouse infrastructure. The site features a 6,500-amp electrical upgrade, making it highly suitable for energy-intensive operations including cannabis cultivation, controlled-environment agriculture, manufacturing, or specialty production. Improvements include four greenhouses totaling approximately 165,000 square feet, comprised of three separate greenhouses of approximately 34,000 square feet each and one additional greenhouse of approximately 63,000 square feet. The property also includes two warehouse buildings of approximately 1,441 sq ft and 5,320 sq ft, providing flexible space for processing, storage, distribution, or operational support. Water is supplied by a fully licensed private well, offering reliable on-site water access for agricultural or commercial use. With substantial infrastructure already in place, this property is positioned for immediate operational readiness for cannabis cultivation or a wide range of other agricultural, industrial, or commercial ventures.

ML82035410 MLS

Exceptional opportunity to acquire a fully improved agricultural/industrial property with significant power capacity and large-scale greenhouse infrastructure. The site features a 6,500-amp electrical upgrade, making it highly suitable for energy-intensive operations including cannabis cultivation, controlled-environment agriculture, manufacturing, or specialty production. Improvements include four greenhouses totaling approximately 165,000 square feet, comprised of three separate greenhouses of approximately 34,000 square feet each and one additional greenhouse of approximately 63,000 square feet. The property also includes two warehouse buildings of approximately 1,441 sq ft and 5,320 sq ft, providing flexible space for processing, storage, distribution, or operational support. Water is supplied by a fully licensed private well, offering reliable on-site water access for agricultural or commercial use. With substantial infrastructure already in place, this property is positioned for immediate operational readiness for cannabis cultivation or a wide range of other agricultural, industrial, or commercial ventures.

20180 Spence RD, Salinas

How much is your home worth?

How much is your home worth?

Monterey Peninsula Home Team
Keller Williams Coastal Estates | MCRE Group Inc. DRE #01527814
Jeff Davi, Broker Associate | DRE #00979288

Let's talk real estate!

Mark Bruno

831-917-8190

Jeff Davi

831.594.3290

Resources

Monterey Peninsula Home Team