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$20,900,000
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

$12,950,000
ML82045778 MLS
This iconic six-story property is located in the heart of downtown Salinas and just blocks away from the Taylor Farms Headquarters and Monterey County Superior Courthouse. The ground floor of the building is leased to Alvarado Street Brewerys art deco styled restaurant, Alvarado on Main. Floors 2 - 6 were converted from office space in 2022 to fifty (50) residential studio apartment units. The apartments are equipped with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. Approximately 5,000 SF of Trex decking has been installed on the roof of the building, as well as a viewrail glass railing around the perimeter of the roof space. The building is equipped with a ButterflyMX Smart Intercom service, laundry rooms on each floor (2 washers and 2 dryers per residential floor), mail room, storage spaces located in the basement (available at an additional cost), on-site manager, and internal ground floor access to the Alvarado on Main restaurant. The property has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.

301 Main ST, Salinas

$11,490,000
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

$10,500,000
ML82021643 MLS
The Gaver Ranch is a large, 341-acre agricultural holding located at the north end of the Salinas Valley featuring rolling topography, a cool coastal climate and good water supply that is ideal for growing strawberries. The ranch is supplied by two new irrigation wells, one developed in 2024 and the 2nd well just completed in 2025, which together can supply upwards of 2,000 gallons per minute. The soils found on the Gaver are mostly fine sandy loam soils that are moderately well drained and common in the area that are ideally suited for strawberry production. The ranch is further improved with drainage culverts and retention ponds designed to minimize erosion and protect habitat areas. With frontage along Highway 156 and Blackie Road, the location provides excellent linkage to Highway 1 and Highway 101 and convenient access to the main strawberry and vegetable processing facilities in Salinas and Watsonville. The ranch is currently leased to six tenants, with terms expiring between 2024 and 2026 with possible early termination clauses, providing an opportunity to both strawberry growers and farmland investors.

0 CA-156, Salinas

$9,250,000
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
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

$6,500,000
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
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
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
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
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

$5,600,000
ML82048377 MLS
HUGE PRICE REDUCTION! 113 Gonda Street presents a rare opportunity to acquire a 16-unit multifamily investment property located in unincorporated Monterey County near the Watsonville city limits. The property features an attractive unit mix comprised entirely of spacious three-bedroom floorplans, including a combination of 3 Bed / 2 Bath and 3 Bed / 1.5 Bath units, catering to strong family-oriented and workforce housing demand throughout the Central Coast region. The property offers onsite laundry, ample resident parking, functional layouts, and strong occupancy supported by limited housing supply and high rental demand. Large three-bedroom rental units remain limited throughout the surrounding market, positioning the property for continued demand and future rental growth. Strategically located near Highway 1, the property provides convenient access to Watsonville, Santa Cruz County, Monterey Bay, Salinas, and major employment centers. The surrounding area benefits from a diverse economic base supported by agriculture, healthcare, education, hospitality, logistics, and service industries. 113 Gonda Street represents an exceptional multifamily investment opportunity.

113 Gonda ST, Royal Oaks

$4,600,000
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

$4,395,000
ML82053148 MLS
3108 Seacrest Avenue is a brand new eleven-unit apartment complex located in the City of Marina, California. Built in 2025 and delivered in excellent condition, this Class A apartment building represents an extremely unique opportunity to acquire a newly constructed and institutionally finished multifamily investment in the supply-constrained Monterey Bay rental market. Each unit is +/-542 SF, with 8 of the units being one bedroom one bath units, and three being studios. All units feature an open living and kitchen layout, wood imitation vinyl flooring, painted gypsum walls, and tile bathrooms. Ground floor units enjoy private outdoor patios, while second and third floor units have their own decks. Each floor has a dedicated laundry room, generating $5,700 in annual laundry income. The building is served by individual utility meters for each unit, which reduces the owners operating expenses significantly. The property provides eleven (11) on-site parking spaces, including nine (9) surface stalls and two (2) tuck-under spaces, offering approximately one space per unit. The building is walk-up access via staircases on the north and south ends, and includes owner storage, maintenance rooms, and a front server room for building security and alarm systems.

3108 Seacrest AVE, Marina

$4,200,000
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

$3,489,000
ML82023121 MLS Morton Mobile Home Park BLDG.
Rare opportunity to acquire the Morton Mobile Home Park, a portfolio of six legal parcels in North Monterey County offered together. The property includes four single-family residences, six mobile homes, and an onsite management/office unit within a registered 7-space mobile home park (6 currently utilized). The units are well maintained and the property provides in-place income with additional upside through lease-up, rent stabilization, and reconstruction of a fire-damaged residence. Each parcel is legally separate and may be conveyed individually, offering long-term flexibility and potential exit strategies. Tenant-paid utilities and septic systems contribute to a low-expense operating profile. Located in a highly functional area with strong access to Highway 101, nearby services, and a favorable walkable environment supporting tenant convenience and demand. Onsite office space allows for active management. Tenants rights prevail. Do not disturb occupants.

17653-63 Vierra Canyon RD, Salinas

$3,200,000
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

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