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Santa Barbara County, CA · Sold

CA-388296

5698 County Road 20

$1,740,500
$5,340/ac · 326 ac
Acreage326 ac
Price per acre$5,340/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJan 4, 2024
Coordinates34.6260, -120.1284
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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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,852 ft of deeded road frontage.

Power9,378 ft away

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

Buildable area264.43 of 325.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,504,637
$2,152,709$2,856,565 · $7,685/ac on 326 ac
Asking vs estimate
-30.5%
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 $1,740,500
Maximum allowable offer
$1,431,221
$4,391/ac · +30.0% target margin

You need $309,279 off asking to hit this margin.

All-in cost$1,552,875
Net resale$2,304,266
Projected profit$751,391
ROI+48.4%
Annualized+69.2%
Break-even resale$5,179/ac
Profit if resale lands off target
-20%
$290,538
-10%
$520,964
0%
$751,391
+10%
$981,818
+20%
$1,212,244
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-767900
Paved · Off grid
244.6Mar 6, 2026$1,658,8006,7816,3573.3 mi
87
CA-187547
Gravel · Power at road
189.4Jul 27, 2026$1,418,8007,4896,4494.1 mi
77
CA-208266
Dirt · Power at road
318.9Jul 5, 2024$2,275,9007,1369,0049.1 mi
75
CA-687260
Landlocked · Off grid
153.9Jan 30, 2026$892,7005,8018,3348.2 mi
74
CA-136940
Paved · Power at road
122.0Oct 3, 2025$1,146,1009,3916,3021.3 mi
74
CA-408287
Dirt · Full utilities
323.8Mar 2, 2024$2,845,0008,7869,24812.1 mi
69
CA-979990
Landlocked · Off grid
1111.9Jul 27, 2026$3,696,4003,3248,39514.2 mi
66
CA-129097
Dirt · Full utilities
582.3Nov 14, 2024$3,442,2005,9127,2174.3 mi
65
CA-177330
Paved · Power at road
161.9Feb 2, 2025$1,837,50011,3518,42713.1 mi
62
CA-519521
Landlocked · Full utilities
791.6Nov 21, 2024$3,563,4004,5017,63011.7 mi
58
Show adjustment detail for the top comp
  • Tract size (244.64 ac → 325.93 ac)-8.0%
  • 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.