Mono County, CA · Sold

CA-533746

2848 County Road 184

$116,600

$9,660/ac · 12.07 ac

Offer report Market this tract

Acreage12.07 ac

Price per acre$9,660/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedFeb 27, 2024

Coordinates37.8594, -118.8650

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Mono County, California. Wide spread between Central Valley ag ground and buildable foothill parcels.

View Mono market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope22.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

281 ft of deeded road frontage.

Power2,406 ft away

Service extension needed; get a utility quote.

Buildable area7.09 of 12.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$124,937

$104,319 – $145,555 · $10,351/ac on 12.07 ac

Asking vs estimate

-6.7%

Priced below the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $116,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$71,392

$5,915/ac · +30.0% target margin

You need $45,208 off asking to hit this margin.

All-in cost$77,460

Net resale$114,942

Projected profit$37,481

ROI+48.4%

Annualized+69.3%

Break-even resale$6,976/ac

Profit if resale lands off target

-20%

$14,493

-10%

$25,987

$37,481

+10%

$48,976

+20%

$60,470

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-993678 Paved · Full utilities	11.5	Jul 27, 2026	$192,300	16,740	9,862	7.2 mi	89
CA-664265 Gravel · Power at road	17.6	Jul 27, 2026	$186,200	10,593	9,387	13.4 mi	77
CA-144681 Dirt · Off grid	23.8	Jun 14, 2026	$177,700	7,480	9,476	9.1 mi	73
CA-773884 Landlocked · Power at road	13.3	Jun 3, 2025	$85,000	6,368	8,442	12.5 mi	71
CA-523216 Dirt · Power at road	8.2	Mar 8, 2024	$66,600	8,106	8,566	3.8 mi	71
CA-935392 Gravel · Power at road	39.8	Mar 16, 2026	$499,700	12,568	12,780	3.3 mi	70
CA-954958 Landlocked · Power at road	29.0	Jan 8, 2026	$268,700	9,252	13,215	1.3 mi	70
CA-973901 Landlocked · Power at road	13.5	Jul 28, 2024	$120,500	8,926	12,248	9.8 mi	69
CA-302465 Gravel · Off grid	4.8	Jun 14, 2025	$45,900	9,627	9,503	5.7 mi	67

Show adjustment detail for the top comp

Access (Paved → Gravel)-15.3%
Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV