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Mono County, CA · Sold

CA-658080

1559 County Road 299

$2,031,100
$7,287/ac · 279 ac
Acreage279 ac
Price per acre$7,287/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedOct 2, 2023
Coordinates37.7958, -119.0258
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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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,408 ft of deeded road frontage.

Power6,648 ft away

A long utility run — price in solar/off-grid instead.

Buildable area218.45 of 278.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,103,693
$1,838,426$2,368,960 · $7,548/ac on 279 ac
Asking vs estimate
-3.5%
In line with the comp set

Weighted from 5 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 $2,031,100
Maximum allowable offer
$1,202,110
$4,313/ac · +30.0% target margin

You need $828,990 off asking to hit this margin.

All-in cost$1,304,289
Net resale$1,935,397
Projected profit$631,108
ROI+48.4%
Annualized+69.2%
Break-even resale$5,086/ac
Profit if resale lands off target
-20%
$244,029
-10%
$437,568
0%
$631,108
+10%
$824,648
+20%
$1,018,188
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-879345
Gravel · Power at road
696.9Jul 27, 2026$4,571,9006,5618,6749.6 mi
74
CA-686965
Dirt · Off grid
124.3Oct 16, 2024$647,7005,2126,16811.3 mi
60
CA-688841
Dirt · Off grid
483.7Nov 13, 2024$1,867,4003,8616,69420.8 mi
59
CA-965937
Dirt · Off grid
59.0Sep 23, 2024$473,8008,0307,9893.7 mi
57
CA-616017
Landlocked · Full utilities
62.5Sep 2, 2024$564,4009,0258,0299.3 mi
52
Show adjustment detail for the top comp
  • Tract size (696.86 ac → 278.72 ac)+31.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.