See all 17 photos
$1,299,000
Est. payment /mo
66.28 Acres Lot
Active
1202 Castroville Road Salinas, CA 93907
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Key Details
Property Type COMM LOTS AND LAND
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82006514
HOA Y/N No
Lot Size 66.280 Acres
Acres 66.28
Property Sub-Type Comm Lots and Land
Property Description
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.
Location
State CA
County Monterey
Zoning agri
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 207011028000

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Celeste Faraola Perie • Schooner Realty
NEARBY SCHOOL & BUSINESS
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