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Mono County, CA · Sold

CA-879345

1851 County Road 56

$4,670,000
$6,701/ac · 697 ac
Acreage697 ac
Price per acre$6,701/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJun 7, 2026
Coordinates37.9218, -118.9533
Loading terrain…
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
19
Low risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,613 ft of deeded road frontage.

Power177 ft away

Power at or near the road.

Buildable area578.60 of 696.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,853,054
$3,465,746$4,240,363 · $5,529/ac on 697 ac
Asking vs estimate
+21.2%
Priced above 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 $4,670,000
Maximum allowable offer
$2,201,745
$3,160/ac · +30.0% target margin

You need $2,468,255 off asking to hit this margin.

All-in cost$2,388,893
Net resale$3,544,810
Projected profit$1,155,917
ROI+48.4%
Annualized+69.2%
Break-even resale$3,726/ac
Profit if resale lands off target
-20%
$446,955
-10%
$801,436
0%
$1,155,917
+10%
$1,510,398
+20%
$1,864,879
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-688841
Dirt · Off grid
483.7Nov 13, 2024$1,867,4003,8615,07412.1 mi
64
CA-658080
Paved · Off grid
278.7Oct 31, 2023$1,917,4006,8795,8279.6 mi
60
CA-616017
Landlocked · Full utilities
62.5Sep 2, 2024$564,4009,0256,0862.6 mi
51
CA-686965
Dirt · Off grid
124.3Oct 16, 2024$647,7005,2124,67610.5 mi
50
CA-965937
Dirt · Off grid
59.0Sep 23, 2024$473,8008,0306,0566.6 mi
49
Show adjustment detail for the top comp
  • Tract size (483.71 ac → 696.86 ac)-10.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (21 mo)+7.4%

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.