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.
Lot/land
Price cut: $13.3K (6/12)
$1,299,000
Castroville Rd, Salinas, CA 93907
--beds
--baths
66.28Acres
Unimproved Land
Built in ----
66.28 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 403 days |
- 134 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Celeste Faraola Perie 01077450 831-239-4646,
Schooner Realty 831-425-1515
Source: MLSListings Inc,MLS#: ML82006514
Facts & features
Property
Features
- Fencing: Other
Lot
- Size: 66.28 Acres
- Features: Agricultural, Mostly Level
Details
- Parcel number: 207011028000
- Zoning: agriculture
- Special conditions: Standard
Utilities & green energy
- Gas: PublicUtilities
- Water: Well
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Salinas
Financial & listing details
- Date on market: 5/12/2025
- Listing agreement: ExclusiveRightToSell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $1,299,000-1% |
Source: | ||
| 5/12/2025 | Listed for sale | $1,312,344 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 93907
Nearby schools
GreatSchools rating
- 2/10University Park Elementary SchoolGrades: K-6Distance: 1.1 mi
- 5/10Washington Middle SchoolGrades: 7-8Distance: 1.6 mi
- 7/10Salinas High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- District: GravesElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Monterey County
- Salinas
- 93907
- Castroville Rd






