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San Luis Obispo County, CA · Sold

CA-849764

3346 County Road 296

$3,901,300
$4,133/ac · 944 ac
Acreage944 ac
Price per acre$4,133/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedNov 2, 2025
Coordinates35.4017, -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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands24.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

4,645 ft of deeded road frontage.

Power195 ft away

Power at or near the road.

Buildable area676.18 of 943.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,448,429
$3,456,535$5,440,324 · $4,712/ac on 944 ac
Asking vs estimate
-12.3%
Priced below 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 $3,901,300
Maximum allowable offer
$2,541,960
$2,693/ac · +30.0% target margin

You need $1,359,340 off asking to hit this margin.

All-in cost$2,758,027
Net resale$4,092,555
Projected profit$1,334,528
ROI+48.4%
Annualized+69.2%
Break-even resale$3,176/ac
Profit if resale lands off target
-20%
$516,017
-10%
$925,273
0%
$1,334,528
+10%
$1,743,784
+20%
$2,153,039
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-819763
Paved · Off grid
943.3Mar 23, 2025$3,670,4003,8914,8457.3 mi
83
CA-729947
Gravel · Full utilities
1077.8Jul 9, 2026$5,260,9004,8814,94110.8 mi
79
CA-978346
Paved · Off grid
337.9Jul 22, 2026$2,339,5006,9235,9816.8 mi
72
CA-629076
Dirt · Off grid
573.5Oct 17, 2025$2,303,3004,0165,7567.1 mi
69
CA-659526
Dirt · Full utilities
794.5Sep 15, 2024$2,448,4003,0823,5507.8 mi
69
CA-168718
Gravel · Full utilities
442.5Mar 3, 2025$1,627,8003,6792,9959.4 mi
66
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (17 mo)+5.9%

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.