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Monterey County, CA · Sold

CA-807682

2849 County Road 141

$1,174,200
$5,621/ac · 209 ac
Acreage209 ac
Price per acre$5,621/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedFeb 23, 2025
Coordinates36.2875, -121.2218
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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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands37.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,990 ft of deeded road frontage.

Power10,526 ft away

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

Buildable area124.43 of 208.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,327,806
$1,109,483$1,546,129 · $6,356/ac on 209 ac
Asking vs estimate
-11.6%
Priced below 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 $1,174,200
Maximum allowable offer
$758,746
$3,632/ac · +30.0% target margin

You need $415,454 off asking to hit this margin.

All-in cost$823,239
Net resale$1,221,581
Projected profit$398,342
ROI+48.4%
Annualized+69.2%
Break-even resale$4,284/ac
Profit if resale lands off target
-20%
$154,026
-10%
$276,184
0%
$398,342
+10%
$520,500
+20%
$642,658
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-427730
Landlocked · Power at road
216.3Jul 27, 2026$822,4003,8025,6760.1 mi
90
CA-887151
Gravel · Off grid
142.2Jul 27, 2026$731,2005,1425,4766.7 mi
80
CA-337717
Dirt · Full utilities
214.3Jun 12, 2025$1,516,9007,0797,15310.9 mi
79
CA-547512
Paved · Full utilities
184.7Jan 1, 2025$1,799,1009,7417,0053.0 mi
77
CA-706510
Dirt · Off grid
89.4May 13, 2026$654,8007,3278,1391.6 mi
76
CA-377610
Landlocked · Power at road
198.3Sep 23, 2024$613,7003,0954,8575.2 mi
73
CA-619217
Paved · Off grid
635.1Oct 27, 2025$2,441,8003,8445,51411.7 mi
64
CA-359257
Dirt · Power at road
653.8Aug 4, 2024$2,825,3004,3217,6586.9 mi
61
CA-746436
Landlocked · Power at road
84.7Dec 22, 2025$396,1004,6765,60316.4 mi
61
CA-459313
Dirt · Full utilities
680.9Oct 28, 2023$2,978,1004,3746,62510.3 mi
52
Show adjustment detail for the top comp
  • Tract size (216.3 ac → 208.9 ac)+1.0%
  • Access (Landlocked → Paved)+73.5%
  • 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.