Home | Monterey County | Salinas | 93907 | 1202 Castroville Rd
MLS: ML82006514 | Status: | Price: $1,299,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 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.
| Field | Value |
|---|---|
| MLS # | ML82006514 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 411 |
| Feature | Details |
|---|---|
| Elementary District | Graves Elementary |
| High School District | Salinas Union High |
| Water | Well |
| Zoning | agriculture |
| Feature | Details |
|---|---|
| Development Status | Farm Land |
| Fencing | Other |
| Lot Description | Agricultural Use, Grade - Mostly Level |
| Present Use | Agricultural |
| Utilities | Public Utilities, Public Utilities |
Celeste Faraola Perie
Schooner Realty
License #: 01077450
Phone: (831) 239-4646
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| University Park Elementary School | public | K-6 | 0.89 mi | 2 |
| Boronda Meadows Elementary School | public | K-6 | 0.91 mi | 3 |
| Boronda Elementary | public | K-6 | 1.03 mi | 6 |
| Laurel Wood Elementary School | public | K-6 | 1.16 mi | 3 |
| Roosevelt Elementary School | public | K-6 | 1.29 mi | 4 |
| Graves Elementary School | public | K-8 | 1.39 mi | 8 |
| Mission Park Elementary School | public | K-6 | 1.40 mi | 6 |
| Washington Middle School | public | 7-8 | 1.41 mi | 5 |
| Salinas City Virtual Academy | public | K-6 | 1.65 mi | 4 |
| Henry F. Kammann Elementary School | public | K-6 | 1.73 mi | 2 |
| Salinas High School | public | 9-12 | 1.73 mi | 7 |
| Carr Lake Community Day School | public | 7-12 | 1.97 mi | N/A |
| Mount Toro High School | public | 9-12 | 1.97 mi | 1 |
| El Puente School | public | 7-12 | 2.05 mi | 3 |
| Salinas Adult School | public | UG | 2.06 mi | N/A |
| Lincoln Elementary School | public | K-6 | 2.14 mi | 8 |
| North Salinas High School | public | 9-12 | 2.49 mi | 5 |
| El Gabilan Elementary School | public | K-6 | 2.53 mi | 3 |
| Monterey Park Elementary School | public | K-6 | 2.61 mi | 3 |
| Harden Middle School | public | 7-8 | 2.71 mi | 3 |
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This listing information is up-to-date as of June 12, 2026. For the most current information, please contact Celeste Faraola Perie, (831) 239-4646.