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Monterey County, CA · Sold

CA-337717

2432 County Road 243

$1,601,800
$7,476/ac · 214 ac
Acreage214 ac
Price per acre$7,476/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedMar 8, 2025
Coordinates36.2881, -121.4181
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

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

View Monterey market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands24.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area154.70 of 214.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,369,330
$1,138,180$1,600,480 · $6,391/ac on 214 ac
Asking vs estimate
+17.0%
Priced above the comp set

Weighted from 10 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 $1,601,800
Maximum allowable offer
$782,474
$3,652/ac · +30.0% target margin

You need $819,326 off asking to hit this margin.

All-in cost$848,984
Net resale$1,259,784
Projected profit$410,800
ROI+48.4%
Annualized+69.2%
Break-even resale$4,307/ac
Profit if resale lands off target
-20%
$158,843
-10%
$284,821
0%
$410,800
+10%
$536,778
+20%
$662,756
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-427730
Landlocked · Power at road
216.3Jul 27, 2026$822,4003,8025,89511.0 mi
83
CA-807682
Paved · Off grid
208.9Jul 18, 2025$1,072,0005,1325,57210.9 mi
79
CA-887151
Gravel · Off grid
142.2Jul 27, 2026$731,2005,1425,6884.3 mi
79
CA-706510
Dirt · Off grid
89.4May 13, 2026$654,8007,3278,45311.7 mi
70
CA-377610
Landlocked · Power at road
198.3Sep 23, 2024$613,7003,0955,04510.6 mi
70
CA-547512
Paved · Full utilities
184.7Jan 1, 2025$1,799,1009,7417,27613.9 mi
69
CA-359257
Dirt · Power at road
653.8Aug 4, 2024$2,825,3004,3217,9544.7 mi
66
CA-619217
Paved · Off grid
635.1Oct 27, 2025$2,441,8003,8445,7283.1 mi
65
CA-746436
Landlocked · Power at road
84.7Dec 22, 2025$396,1004,6765,81911.4 mi
63
CA-459313
Dirt · Full utilities
680.9Oct 28, 2023$2,978,1004,3746,88116.0 mi
54
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.