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Ranch Salinas, CA

$28,500,000

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Property Description

Tim Allen Properties and Bella Vista Land Advisors are pleased to present this unique estate home development opportunity located on scenic Highway 68, between the cities of Monterey and Salinas in Monterey County, CA. Ferrini Ranch is an 870-acre ranch with an approved vesting tentative map for 185 lots, of which 168 are market-rate and 17 reserved for moderate-income buyers. The lots range in size from 1/3 acre to over 1 acre, and most offer panoramic views of the valley below. Over 700 acres of permanent open space surround the 185 building lots. Ferrini Ranch includes an 11.8-acre parcel programmed for an Ag Visitors Center, tasting room featuring wines from the Santa Lucia Highlands AVA, local micro-brews, snacks, and games. The Ranch also includes a 2-acre parcel with cottage and historically significant barn that could be converted into a community center. Located in the Washington Union School District walking distance to Washington Elementary & San Benancio Middle School.

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Property Information

  • Address: Ranch, Salinas, CA 93908. 
  • Price: $28,500,000 
  • MLS #: ML81887377 
  • Listing Courtesy of: Coldwell Banker Realty 
  • City: Salinas 
  • Postal Code: 93908 
  • County: Monterey 

Other

  • Description: Tim Allen Properties and Bella Vista Land Advisors are pleased to present this unique estate home development opportunity located on scenic Highway 68, between the cities of Monterey and Salinas in Monterey County, CA. Ferrini Ranch is an 870-acre ranch with an approved vesting tentative map for 185 lots, of which 168 are market-rate and 17 reserved for moderate-income buyers. The lots range in size from 1/3 acre to over 1 acre, and most offer panoramic views of the valley below. Over 700 acres of permanent open space surround the 185 building lots. Ferrini Ranch includes an 11.8-acre parcel programmed for an Ag Visitors Center, tasting room featuring wines from the Santa Lucia Highlands AVA, local micro-brews, snacks, and games. The Ranch also includes a 2-acre parcel with cottage and historically significant barn that could be converted into a community center. Located in the Washington Union School District walking distance to Washington Elementary & San Benancio Middle School. 
  • List Date: April 18, 2022 
  • Status: Active 

Other

  • Listing Agent State License: 00891159 
  • Listing Office State License: 01908304 

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Based on information from California Regional Multiple Listing Service, Inc. as of July 7th, 2022 at 00:43:28AM UTC. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.