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.
Farm/RanchProperty Type
1985Year Built
11.48 acresLot Size
$1,601Price/Sq.Ft.
2 garage spacesParking
Listed by Charles Allen•DRE #00357826• KW Thrive Santa Cruz
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82049541
Jun 3, 2026
Listed
$8,950,000
$1,601/sq ft
Jun 2, 2026
Listed
$8,950,000
$1,601/sq ft
+23
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.
BAREIS #326045912
May 26, 2026
Listed
$8,950,000
$1,601/sq ft
+38
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.
CRMLS #NS26114496
May 26, 2026
Listed
$8,950,000
$1,601/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Monterey County
APN
137051024
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on May 26, 2026.
F/40
Farmlands District
The purpose of this Chapter is to provide a district to preserve and enhance the use of the prime, productive and unique farmlands in the County of Monterey while also providing opportunity to establish necessary support facilities for those agricultural uses.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Livestock production
Winery & vineyard
Housing-Single unit
Housing-Senior
Housing-Student
Housing-Other
Agriculture-Cropland
Historical weather
Salinas, CA • 93908
Average low and high temperatures (°F)
65
42
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46
69
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67
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71
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76
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76
58
74
54
67
48
65
47
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Feb
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May
Jun
Jul
Aug
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.2 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 23820 Potter Rd
$8,217,759
$732K under list price of $8.95M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $850K to $1.9M.