Description
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.
Details
| MLS # | ML82047436 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 109 |
| Listing Provided By | Piini Realty | Joe Piini |
Features
| Zoning | F/40 |
|---|---|
| Acreage | 272.00 |
Exterior
| Fencing | None |
|---|
Utilities
| Utilities | Electricity Available |
|---|
Area Information
| State | CA |
|---|---|
| County | Monterey |
| City | Salinas |
| Zip Code | 93907 |
| Area | 699 Not Defined |
| Listing VS Median (in 93907) | |
Price: $9,250,000 low | high Med: $1,035,000 On site: 109 low | high Med: 168 | |
Market Activity 93907
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Learn More About This Property
| State | CA |
|---|---|
| County | Monterey |
| City | Salinas |
| Zip Code | 93907 |
| Area | 699 Not Defined |
| Listing VS Median (in 93907) | |
Price: $9,250,000 low | high Med: $1,035,000 On site: 109 low | high Med: 168 | |