Comparable sales & offer analysis
Parcel CA-187547
Santa Barbara County, CA · 189 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,359,000
Adjusted value
$1,765,482
Value range
$1,405,472–$2,125,492
Comp $/acre
$9,319/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.0% versus the adjusted value.
Offer position
Max allowable offer
$1,008,847
Offer $/acre
$5,325/ac
Projected profit
$529,645
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| CA-767900 | 244.6 | Mar 6, 2026 | $1,658,800 | 6,781 | 7,440 | 76 |
| CA-687260 | 153.9 | Jan 30, 2026 | $892,700 | 5,801 | 9,753 | 76 |
| CA-126360 | 80.2 | Jul 27, 2026 | $743,900 | 9,279 | 11,031 | 73 |
| CA-136940 | 122.0 | Oct 3, 2025 | $1,146,100 | 9,391 | 7,374 | 72 |
| CA-177330 | 161.9 | Feb 2, 2025 | $1,837,500 | 11,351 | 9,860 | 71 |
| CA-986441 | 85.0 | Jan 15, 2026 | $1,477,300 | 17,376 | 12,335 | 65 |
| CA-208266 | 318.9 | Jul 5, 2024 | $2,275,900 | 7,136 | 10,534 | 65 |
| CA-408287 | 323.8 | Mar 2, 2024 | $2,845,000 | 8,786 | 10,818 | 64 |
| CA-388296 | 325.9 | Feb 24, 2024 | $1,448,100 | 4,443 | 5,738 | 64 |
| CA-129097 | 582.3 | Nov 14, 2024 | $3,442,200 | 5,912 | 8,444 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.