Santa Barbara County, CA · Sold

CA-685345

5351 County Road 371

$553,900

$14,413/ac · 38.43 ac

Offer report Market this tract

Acreage38.43 ac

Price per acre$14,413/ac

ZoningResidential

Road accessDirt

UtilitiesPower at road

TopographyWooded

ListedDec 25, 2024

Coordinates34.5762, -119.8996

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,451 ft of deeded road frontage.

Power8 ft away

Power at or near the road.

Buildable area34.21 of 38.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$479,024

$413,836 – $544,211 · $12,465/ac on 38.43 ac

Asking vs estimate

+15.6%

Priced above 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 $553,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$273,728

$7,123/ac · +30.0% target margin

You need $280,172 off asking to hit this margin.

All-in cost$296,995

Net resale$440,702

Projected profit$143,707

ROI+48.4%

Annualized+69.2%

Break-even resale$8,400/ac

Profit if resale lands off target

-20%

$55,566

-10%

$99,637

$143,707

+10%

$187,777

+20%

$231,847

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-465254 Gravel · Power at road	36.0	Nov 9, 2025	$551,400	15,325	13,445	4.8 mi	81
CA-944652 Dirt · Off grid	23.3	May 19, 2026	$236,900	10,183	11,169	16.7 mi	77
CA-323990 Dirt · Power at road	14.4	Jul 27, 2026	$223,700	15,536	13,558	5.8 mi	75
CA-126360 Landlocked · Power at road	80.2	Jul 27, 2026	$743,900	9,279	13,697	7.7 mi	74
CA-805348 Dirt · Off grid	38.5	Aug 5, 2024	$338,300	8,783	11,218	11.2 mi	73
CA-975590 Gravel · Power at road	45.9	May 5, 2024	$564,300	12,295	11,977	4.4 mi	72
CA-986441 Paved · Power at road	85.0	Jan 15, 2026	$1,477,300	17,376	15,318	10.6 mi	72
CA-683812 Gravel · Power at road	12.7	Jul 27, 2026	$184,400	14,566	10,792	12.6 mi	67
CA-184772 Paved · Full utilities	25.4	Oct 4, 2024	$576,800	22,728	13,682	11.1 mi	63
CA-136940 Paved · Power at road	122.0	Oct 3, 2025	$1,146,100	9,391	9,158	14.7 mi	59

Show adjustment detail for the top comp

Tract size (35.98 ac → 38.43 ac)-1.2%
Access (Gravel → Dirt)-14.0%
Market time (9 mo)+3.2%

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