Mono County, CA · Sold

CA-965937

7987 County Road 323

$456,500

$7,736/ac · 59.01 ac

Offer report Market this tract

Acreage59.01 ac

Price per acre$7,736/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedJan 16, 2024

Coordinates37.8280, -118.9727

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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

Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope29.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,477 ft of deeded road frontage.

Power3,148 ft away

Service extension needed; get a utility quote.

Buildable area34.98 of 59.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$434,893

$357,161 – $512,625 · $7,370/ac on 59.01 ac

Asking vs estimate

+5.0%

In line with the comp set

Weighted from 7 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 $456,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$248,510

$4,211/ac · +30.0% target margin

You need $207,990 off asking to hit this margin.

All-in cost$269,633

Net resale$400,101

Projected profit$130,468

ROI+48.4%

Annualized+69.2%

Break-even resale$4,967/ac

Profit if resale lands off target

-20%

$50,448

-10%

$90,458

$130,468

+10%

$170,478

+20%

$210,488

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-616017 Landlocked · Full utilities	62.5	Sep 2, 2024	$564,400	9,025	8,712	5.8 mi	78
CA-935392 Gravel · Power at road	39.8	Mar 16, 2026	$499,700	12,568	8,647	4.2 mi	77
CA-144681 Dirt · Off grid	23.8	Jun 14, 2026	$177,700	7,480	6,411	10.7 mi	72
CA-686965 Dirt · Off grid	124.3	Oct 16, 2024	$647,700	5,212	6,693	8.4 mi	70
CA-954958 Landlocked · Power at road	29.0	Jan 8, 2026	$268,700	9,252	8,941	6.9 mi	68
CA-664265 Gravel · Power at road	17.6	Jul 27, 2026	$186,200	10,593	6,351	12.7 mi	65
CA-945544 Gravel · Power at road	44.4	May 10, 2024	$314,600	7,087	5,358	13.3 mi	63

Show adjustment detail for the top comp

Tract size (62.53 ac → 59.01 ac)+1.2%
Access (Landlocked → Dirt)+26.5%
Utilities (Full utilities → Off grid)-30.3%
Market time (23 mo)+8.2%

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