← New search
San Luis Obispo County, CA · Sold

CA-819763

5703 County Road 46

$4,379,900
$4,643/ac · 943 ac
Acreage943 ac
Price per acre$4,643/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJan 17, 2024
Coordinates35.5078, -120.4382
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

San Luis Obispo County, California. Wide spread between Central Valley ag ground and buildable foothill parcels.

View San Luis Obispo market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands35.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

3,755 ft of deeded road frontage.

Power7,362 ft away

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

Buildable area577.12 of 943.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,565,161
$2,644,256$4,486,066 · $3,779/ac on 943 ac
Asking vs estimate
+22.9%
Priced above the comp set

Weighted from 6 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 $4,379,900
Maximum allowable offer
$2,037,235
$2,160/ac · +30.0% target margin

You need $2,342,665 off asking to hit this margin.

All-in cost$2,210,400
Net resale$3,279,948
Projected profit$1,069,548
ROI+48.4%
Annualized+69.2%
Break-even resale$2,547/ac
Profit if resale lands off target
-20%
$413,558
-10%
$741,553
0%
$1,069,548
+10%
$1,397,543
+20%
$1,725,538
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-849764
Paved · Power at road
944.0May 11, 2026$3,242,0003,4342,9527.3 mi
90
CA-729947
Gravel · Full utilities
1077.8Jul 9, 2026$5,260,9004,8814,20116.5 mi
77
CA-978346
Paved · Off grid
337.9Jul 22, 2026$2,339,5006,9235,0859.5 mi
72
CA-659526
Dirt · Full utilities
794.5Sep 15, 2024$2,448,4003,0823,0193.4 mi
72
CA-629076
Dirt · Off grid
573.5Oct 17, 2025$2,303,3004,0164,8946.7 mi
72
CA-168718
Gravel · Full utilities
442.5Mar 3, 2025$1,627,8003,6792,54715.3 mi
63
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.1%

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.