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Mono County, CA · Sold

CA-688841

6843 County Road 205

$2,189,200
$4,526/ac · 484 ac
Acreage484 ac
Price per acre$4,526/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedNov 14, 2023
Coordinates38.0170, -118.7672
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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

5 items to verify before you offer.

Risk index
55
Moderate risk
Wetlands37.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,848 ft away

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

Buildable area287.66 of 483.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,319,613
$2,061,054$2,578,171 · $4,795/ac on 484 ac
Asking vs estimate
-5.6%
Priced below 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 $2,189,200
Maximum allowable offer
$1,325,493
$2,740/ac · +30.0% target margin

You need $863,707 off asking to hit this margin.

All-in cost$1,438,160
Net resale$2,134,044
Projected profit$695,884
ROI+48.4%
Annualized+69.2%
Break-even resale$3,232/ac
Profit if resale lands off target
-20%
$269,075
-10%
$482,479
0%
$695,884
+10%
$909,288
+20%
$1,122,693
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-879345
Gravel · Power at road
696.9Jul 27, 2026$4,571,9006,5615,37112.1 mi
75
CA-686965
Dirt · Off grid
124.3Oct 16, 2024$647,7005,2123,82014.5 mi
60
CA-658080
Paved · Off grid
278.7Oct 31, 2023$1,917,4006,8794,76020.8 mi
56
CA-965937
Dirt · Off grid
59.0Sep 23, 2024$473,8008,0304,94717.2 mi
54
CA-616017
Landlocked · Full utilities
62.5Sep 2, 2024$564,4009,0254,97211.5 mi
52
Show adjustment detail for the top comp
  • Tract size (696.86 ac → 483.71 ac)+11.7%
  • Access (Gravel → Dirt)-14.0%
  • 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.