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Santa Barbara County, CA · Sold

CA-687260

9408 County Road 342

$957,800
$6,224/ac · 154 ac
Acreage154 ac
Price per acre$6,224/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedOct 17, 2025
Coordinates34.5073, -120.1423
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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

2 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,606 ft away

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

Buildable area132.74 of 153.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$856,258
$670,484$1,042,031 · $5,564/ac on 154 ac
Asking vs estimate
+11.9%
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 $957,800
Maximum allowable offer
$489,290
$3,180/ac · +30.0% target margin

You need $468,510 off asking to hit this margin.

All-in cost$530,880
Net resale$787,757
Projected profit$256,877
ROI+48.4%
Annualized+69.2%
Break-even resale$3,750/ac
Profit if resale lands off target
-20%
$99,326
-10%
$178,102
0%
$256,877
+10%
$335,653
+20%
$414,429
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-187547
Gravel · Power at road
189.4Jul 27, 2026$1,418,8007,4894,5916.0 mi
81
CA-767900
Paved · Off grid
244.6Mar 6, 2026$1,658,8006,7814,52610.7 mi
77
CA-136940
Paved · Power at road
122.0Oct 3, 2025$1,146,1009,3914,4869.0 mi
77
CA-126360
Landlocked · Power at road
80.2Jul 27, 2026$743,9009,2796,7107.1 mi
76
CA-177330
Paved · Power at road
161.9Feb 2, 2025$1,837,50011,3515,99915.5 mi
69
CA-986441
Paved · Power at road
85.0Jan 15, 2026$1,477,30017,3767,50412.9 mi
67
CA-388296
Paved · Off grid
325.9Feb 24, 2024$1,448,1004,4433,4928.2 mi
66
CA-208266
Dirt · Power at road
318.9Jul 5, 2024$2,275,9007,1366,41012.9 mi
62
CA-408287
Dirt · Full utilities
323.8Mar 2, 2024$2,845,0008,7866,5844.1 mi
61
CA-975590
Gravel · Power at road
45.9May 5, 2024$564,30012,2955,86714.0 mi
56
Show adjustment detail for the top comp
  • Tract size (189.44 ac → 153.88 ac)+5.8%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%

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.