Santa Barbara County, CA · Sold

CA-136940

4507 County Road 24

$1,300,900

$10,660/ac · 122 ac

Offer report Market this tract

Acreage122 ac

Price per acre$10,660/ac

ZoningUnzoned

Road accessPaved

UtilitiesPower at road

TopographySloped

ListedDec 7, 2024

Coordinates34.6368, -120.1466

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

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope13.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,218 ft of deeded road frontage.

Power81 ft away

Power at or near the road.

Buildable area92.56 of 122.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,518,968

$1,213,364 – $1,824,572 · $12,446/ac on 122 ac

Asking vs estimate

-14.4%

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 $1,300,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$867,982

$7,112/ac · +30.0% target margin

You need $432,918 off asking to hit this margin.

All-in cost$941,760

Net resale$1,397,451

Projected profit$455,690

ROI+48.4%

Annualized+69.2%

Break-even resale$8,388/ac

Profit if resale lands off target

-20%

$176,200

-10%

$315,945

$455,690

+10%

$595,435

+20%

$735,180

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-187547 Gravel · Power at road	189.4	Jul 27, 2026	$1,418,800	7,489	9,961	5.3 mi	80
CA-687260 Landlocked · Off grid	153.9	Jan 30, 2026	$892,700	5,801	12,872	9.0 mi	79
CA-767900 Paved · Off grid	244.6	Mar 6, 2026	$1,658,800	6,781	9,819	3.9 mi	79
CA-126360 Landlocked · Power at road	80.2	Jul 27, 2026	$743,900	9,279	14,557	10.5 mi	77
CA-986441 Paved · Power at road	85.0	Jan 15, 2026	$1,477,300	17,376	16,280	18.8 mi	73
CA-177330 Paved · Power at road	161.9	Feb 2, 2025	$1,837,500	11,351	13,016	14.2 mi	70
CA-388296 Paved · Off grid	325.9	Feb 24, 2024	$1,448,100	4,443	7,576	1.3 mi	68
CA-208266 Dirt · Power at road	318.9	Jul 5, 2024	$2,275,900	7,136	13,907	10.2 mi	63
CA-465254 Gravel · Power at road	36.0	Nov 9, 2025	$551,400	15,325	14,289	12.5 mi	60
CA-975590 Gravel · Power at road	45.9	May 5, 2024	$564,300	12,295	12,729	16.6 mi	59

Show adjustment detail for the top comp

Tract size (189.44 ac → 122.04 ac)+12.5%
Access (Gravel → Paved)+18.0%

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.

Build the listing kit Post a deal or JV