← New search
Santa Barbara County, CA · Sold

CA-187547

2834 County Road 98

$1,359,000
$7,174/ac · 189 ac
Acreage189 ac
Price per acre$7,174/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedOct 19, 2025
Coordinates34.5795, -120.0847
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

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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power32 ft away

Power at or near the road.

Buildable area152.43 of 189.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,756,573
$1,398,573$2,114,573 · $9,272/ac on 189 ac
Asking vs estimate
-22.6%
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 $1,359,000
Maximum allowable offer
$1,003,756
$5,299/ac · +30.0% target margin

You need $355,244 off asking to hit this margin.

All-in cost$1,089,075
Net resale$1,616,047
Projected profit$526,972
ROI+48.4%
Annualized+69.2%
Break-even resale$6,249/ac
Profit if resale lands off target
-20%
$203,762
-10%
$365,367
0%
$526,972
+10%
$688,576
+20%
$850,181
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-767900
Paved · Off grid
244.6Mar 6, 2026$1,658,8006,7817,3995.1 mi
77
CA-687260
Landlocked · Off grid
153.9Jan 30, 2026$892,7005,8019,7006.0 mi
77
CA-126360
Landlocked · Power at road
80.2Jul 27, 2026$743,9009,27910,9695.2 mi
74
CA-136940
Paved · Power at road
122.0Oct 3, 2025$1,146,1009,3917,3345.3 mi
73
CA-177330
Paved · Power at road
161.9Feb 2, 2025$1,837,50011,3519,80810.7 mi
71
CA-986441
Paved · Power at road
85.0Jan 15, 2026$1,477,30017,37612,26813.5 mi
66
CA-208266
Dirt · Power at road
318.9Jul 5, 2024$2,275,9007,13610,4807.4 mi
65
CA-408287
Dirt · Full utilities
323.8Mar 2, 2024$2,845,0008,78610,76410.1 mi
65
CA-388296
Paved · Off grid
325.9Feb 24, 2024$1,448,1004,4435,7094.1 mi
64
CA-129097
Dirt · Full utilities
582.3Nov 14, 2024$3,442,2005,9128,4000.6 mi
62
Show adjustment detail for the top comp
  • Tract size (244.64 ac → 189.44 ac)+7.4%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (5 mo)+1.9%

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.