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5 Beds
4 Baths
500,000 sqft

$8,950,000

23820 Potter Road, Salinas CA, 93908

Price per sqft$17.90
Built in1985
Property size500,000 sqft
Property typeResidential

Overview

Active

Listed May 26, 2026

Updated Aug 10

Riverview Farms is a 22.3-acre, two-parcel cannabis cultivation propery 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.

$59,545/mo

Est. mortgage payment based on a $8,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
326045912

Interior Features

Bedrooms
5
Bathrooms
4
Basement
No

Exterior Features

Lot Size
22.85 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Michael J Warm (DRE #02192518) with Warmstone Advisors

Listing Contact:  

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