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Santa Barbara County, CA · Sold

CA-979990

8425 County Road 162

$4,395,200
$3,953/ac · 1,112 ac
Acreage1,112 ac
Price per acre$3,953/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJun 19, 2026
Coordinates34.4859, -119.9446
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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

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

View Santa Barbara market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
61
High risk
Wetlands28.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,914 ft away

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

Buildable area752.10 of 1111.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,347,996
$2,696,422$3,999,571 · $3,011/ac on 1,112 ac
Asking vs estimate
+31.3%
Priced above the comp set

Weighted from 5 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 $4,395,200
Maximum allowable offer
$1,913,141
$1,721/ac · +30.0% target margin

You need $2,482,059 off asking to hit this margin.

All-in cost$2,075,758
Net resale$3,080,157
Projected profit$1,004,399
ROI+48.4%
Annualized+69.2%
Break-even resale$2,029/ac
Profit if resale lands off target
-20%
$388,367
-10%
$696,383
0%
$1,004,399
+10%
$1,312,414
+20%
$1,620,430
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-519521
Landlocked · Full utilities
791.6Nov 21, 2024$3,563,4004,5013,02811.2 mi
72
CA-129097
Dirt · Full utilities
582.3Nov 14, 2024$3,442,2005,9122,86410.2 mi
61
CA-208266
Dirt · Power at road
318.9Jul 5, 2024$2,275,9007,1363,5739.7 mi
53
CA-388296
Paved · Off grid
325.9Feb 24, 2024$1,448,1004,4431,94614.2 mi
52
CA-408287
Dirt · Full utilities
323.8Mar 2, 2024$2,845,0008,7863,67013.7 mi
51
Show adjustment detail for the top comp
  • Tract size (791.62 ac → 1111.92 ac)-10.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (21 mo)+7.3%

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.