1202 Castroville RD, Salinas, CA 93907

Listing agent Celeste Faraola Perie License #01077450 Show Phone

Listing office Schooner Realty c***@faraola.com 1015 Cedar St, Santa Cruz, CA Show Phone

Listing date Jun 12, 2026

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MLS# ML82006514

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Overview

Martella Home Farm is being offered as a 20% partnership ownership interest in a cultivated agricultural property totaling 66.28 acres. The farm is structured across four separate parcel numbers, and it includes a family home that is currently rented. The land has been long-term leased to a local farmer, with the current lease term extending through 2029.

The property is located at 1202 Castroville Rd in Salinas, California 93907, and it is zoned agriculture. This structure allows the ownership interest to be separated from the remaining 80%, which is held by family members.

This offering is presented as a passive investment opportunity rather than an operational farming role. For buyers seeking a limited ownership stake, the farm’s existing long-term lease in place through 2029, along with the rented home, supports continuity of cash-flow components associated with the current setup. Income distributions are described as occurring biannually, and the sale is attributed to a motivated ownership group following family-driven dilution of the partnership interests.

Map

City

Salinas

County

Monterey

State

California

Longitude

-121.712309

Latitude

36.708632

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FAQs

What type of property is this?

Farm - 20% ownership in an agriculture-zoned farm with long-term tenant lease through 2029 and a rented family home.

Where is this farm located?

The property is located at 1202 Castroville RD Salinas, CA.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: 66.28 total cultivated acres of farmland (Martella Home Farm) offered as a 20% ownership partnership stake; Farm is long‑term leased to a local farmer, with the current lease continuing through 2029; Family home on the farm is rented