Monterey County, CA · Sold

CA-520530

2847 County Road 178

$15,600

$13,333/ac · 1.17 ac

Offer report Market this tract

Acreage1.17 ac

Price per acre$13,333/ac

ZoningAgricultural

Road accessPaved

UtilitiesOff grid

TopographySloped

ListedSep 6, 2023

Coordinates36.3024, -121.2661

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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

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

3 items to verify before you offer.

Risk index

Low risk

Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope26.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

176 ft of deeded road frontage.

Power1,818 ft away

Service extension needed; get a utility quote.

Buildable area0.70 of 1.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$14,940

$11,439 – $18,441 · $12,769/ac on 1.17 ac

Asking vs estimate

+4.4%

In line with the comp set

Weighted from 9 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 $15,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$8,537

$7,297/ac · +30.0% target margin

You need $7,063 off asking to hit this margin.

All-in cost$9,263

Net resale$13,745

Projected profit$4,482

ROI+48.4%

Annualized+69.3%

Break-even resale$8,605/ac

Profit if resale lands off target

-20%

$1,733

-10%

$3,108

$4,482

+10%

$5,857

+20%

$7,231

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-310481 Gravel · Power at road	1.1	Mar 25, 2026	$18,500	16,407	16,721	2.8 mi	84
CA-780554 Landlocked · Full utilities	1.2	Sep 12, 2025	$9,000	7,489	9,408	10.7 mi	80
CA-961117 Dirt · Off grid	1.8	Jul 27, 2026	$14,600	8,089	11,195	9.5 mi	78
CA-580605 Dirt · Power at road	1.2	Jun 5, 2025	$16,900	13,634	16,711	13.4 mi	77
CA-471425 Landlocked · Power at road	2.3	Jun 30, 2026	$20,400	9,082	13,615	12.3 mi	70
CA-481919 Gravel · Power at road	3.2	Feb 15, 2026	$33,700	10,486	10,957	7.1 mi	70
CA-991439 Gravel · Power at road	2.3	Sep 20, 2025	$16,800	7,418	7,809	12.0 mi	68
CA-531276 Gravel · Off grid	2.0	Jan 25, 2026	$21,300	10,534	12,830	15.3 mi	68
CA-751319 Dirt · Off grid	2.1	Oct 20, 2024	$21,100	10,144	15,122	11.3 mi	67

Show adjustment detail for the top comp

Access (Gravel → Paved)+18.0%
Utilities (Power at road → Off grid)-15.0%
Market time (5 mo)+1.6%

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