- $6M Price
- 11.29 Acres
- 26 DOM
18842 Cachagua Road
Excellent opportunity to own this carmel river front 46 unit mobile home park(state permit allows for 4 more units) with 5 additional homes on site and 1 Fire Station. 52 total units. Potential for 56. State permit for park allows for 50 mobile homes/RV's and currently the park has 46 mobile homes/rv's. There are 4 cabins all fully rented and a vacant Bar/Tavern with plans to convert to an ADU which should rent for an additional $2700 per month. Bar/Tavern exterior in great shape. Fire station is on a long term lease and is operated by Cachagua Fire Department. The park features a gated entrance, paved asphalt roads throughout park, security cameras, laundry room with 2 new washers and 2 new dryers, vending machine room(no vending machine included), solar lighting, a 40,000 gallon water storage facility and well with brand new well pump, well motor and new backup generator, 4 storage buildings, riverfront beach, volleyball court and BBQ area. Rent is due to be increased now by the new buyer. Priced at a 7.1% Cap Rate at current rents! This is truly a remarkable investment property with plenty of value add opportunities remaining to get to an 8%+ Cap!
Essential Information
- MLS® #ML82041267
- Price$6,000,000
- Bathrooms0.00
- Acres11.29
- Year Built1958
- TypeCommercial Sale
- StatusActive
Community Information
- Address18842 Cachagua Road
- Area699 - Not Defined
- CityCarmel Valley
- CountyMonterey
- Zip Code93924
Amenities
- Parking Spaces80
Interior
- CoolingCentral Air
Heating
Central, Electric, Fireplace(s), Propane
Exterior
- Lot DescriptionLevel
- RoofOther
School Information
- DistrictCarmel Unified
Additional Information
- Date ListedApril 6th, 2026
- Days on Market26
- ZoningMDR/5
Listing Details
- AgentSean Griffin
- OfficeAgency One Real Estate
Price Change History for 18842 Cachagua Road, Carmel Valley, (MLS® #ML82041267)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $6,750,000 to $6,000,000 | ||
| Price Reduced from $7,000,000 to $6,750,000 |
Sean Griffin, Agency One Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2026 at 4:35am PDT. 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.