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Santa Barbara County, CA · Sold

CA-519521

8290 County Road 365

$3,361,700
$4,247/ac · 792 ac
Acreage792 ac
Price per acre$4,247/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedOct 20, 2024
Coordinates34.6466, -119.9241
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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

1 item to verify before you offer.

Risk index
32
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area709.92 of 791.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,788,796
$3,053,133$4,524,459 · $4,786/ac on 792 ac
Asking vs estimate
-11.3%
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 $3,361,700
Maximum allowable offer
$2,165,026
$2,735/ac · +30.0% target margin

You need $1,196,674 off asking to hit this margin.

All-in cost$2,349,053
Net resale$3,485,693
Projected profit$1,136,639
ROI+48.4%
Annualized+69.2%
Break-even resale$3,225/ac
Profit if resale lands off target
-20%
$439,501
-10%
$788,070
0%
$1,136,639
+10%
$1,485,209
+20%
$1,833,778
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-979990
Landlocked · Off grid
1111.9Jul 27, 2026$3,696,4003,3245,31311.2 mi
83
CA-129097
Dirt · Full utilities
582.3Nov 14, 2024$3,442,2005,9124,56810.8 mi
68
CA-767900
Paved · Off grid
244.6Mar 6, 2026$1,658,8006,7814,0238.9 mi
63
CA-208266
Dirt · Power at road
318.9Jul 5, 2024$2,275,9007,1365,6992.9 mi
61
CA-388296
Paved · Off grid
325.9Feb 24, 2024$1,448,1004,4433,10411.7 mi
56
CA-408287
Dirt · Full utilities
323.8Mar 2, 2024$2,845,0008,7865,85319.7 mi
53
Show adjustment detail for the top comp
  • Tract size (1111.92 ac → 791.62 ac)+11.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.