Listed By:
Jamie Warm with Warmstone Advisors; 805-722-7095
Address
23820 Potter Road, Salinas, CA
Price
$ 8,950,000
Property Attributes
  • MLS#NS26114496
  • TypeSingle Family
  • Listing Status Active
  • CountyMonterey
  • CitySalinas
  • Zip93908
  • Style
  • Year Built1985
  • Price$ 8,950,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size22.85 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Riverview Farms is a 22.3-acre, two-parcel cannabis cultivation property in Monterey County's agricultural corridor. The facility comprises over 483,000 square feet of greenhouse, approximately 15,700 square feet of processing and distribution infrastructure, and two single-family residences, totaling 504,000 square feet of building coverage. Each parcel is independently served by its own agricultural well, water storage, processing center, and residence. The operation is a fully integrated closed-loop system. Genetics are developed, propagated, cultivated, harvested, dried, trimmed, and packaged entirely on site. Soil-based cultivation using steamed and recycled substrate substrate, automated fertigation and climate control, and five harvest rotations per year produce a continuous supply of finished flower currently sold out at market. Both parcels are equipped with 1,000+ amp electrical service, natural gas distribution to all greenhouses, fire suppression infrastructure, underground conduit for supplemental lighting, and 24-hour security with perimeter fencing and camera coverage. The facility carries 39 active cannabis licenses across both parcels. An experienced operations team is in place and prepared to stay on through a transition, with in-house sales maintaining a consistent wholesale pipeline. Riverview Farms is one of the last surviving greenhouse cannabis operations of its scale in Monterey County. Turn-key facility, active licenses, proven infrastructure, and a team that knows how to operate successfully.

Price History
5/27/2026 Listed $8,950,000

General Features

Living Area 4000
Sewer SepticTank
Cooling None
Garage Spaces 2
Pool Features None
Year Built 1985
View Hills
Stories Count 2
Levels Two
Property Subtype MixedUse
Community Features Rural
Additional Parcels Description 137051039
County Monterey
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Driving north on hwy 101 go right on Potter rd. Property will be on the right.
City Salinas
Entry Location floor
Senior Community Y/N false
High School District Other
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 995346
Listing Terms Cash,Conventional
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://app.cloudpano.com/tours/uuGkoMJqf
Structure Type MixedUse
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Year Built Source Other
Property Sub Type Additional MixedUse
PostalCity SALINAS

Interior Features

Interior Amenities Attic,BedroomOnMainLevel,MainLevelPrimary
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Air Conditioning Y/N false
Fireplace Y/N false
Laundry Features WasherHookup,ElectricDryerHookup
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 4

Exterior Features

Lot Features Agricultural,Garden,Greenbelt,StreetLevel
Water Source AgriculturalWell
Total Parking 2
Lot Size Area 22.85
Lot Size Acres 22.85
Private Pool false
Lot Size Source Owner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 93908

Price
AVG $2.24M
$8.95M
Year Built
AVG 1986
1985

Areas We Cover