Comparable sales & offer analysis
Parcel CA-388296
Santa Barbara County, CA · 326 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$1,740,500
Adjusted value
$2,518,749
Value range
$2,165,051–$2,872,448
Comp $/acre
$7,728/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.9% versus the adjusted value.
Offer position
Max allowable offer
$1,439,285
Offer $/acre
$4,416/ac
Projected profit
$755,625
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 | 6,392 | 86 |
| CA-187547 | 189.4 | Jul 27, 2026 | $1,418,800 | 7,489 | 6,485 | 76 |
| CA-208266 | 318.9 | Jul 5, 2024 | $2,275,900 | 7,136 | 9,051 | 75 |
| CA-687260 | 153.9 | Jan 30, 2026 | $892,700 | 5,801 | 8,380 | 73 |
| CA-136940 | 122.0 | Oct 3, 2025 | $1,146,100 | 9,391 | 6,336 | 73 |
| CA-408287 | 323.8 | Mar 2, 2024 | $2,845,000 | 8,786 | 9,295 | 68 |
| CA-129097 | 582.3 | Nov 14, 2024 | $3,442,200 | 5,912 | 7,255 | 65 |
| CA-979990 | 1111.9 | Jul 27, 2026 | $3,696,400 | 3,324 | 8,442 | 64 |
| CA-177330 | 161.9 | Feb 2, 2025 | $1,837,500 | 11,351 | 8,472 | 62 |
| CA-519521 | 791.6 | Nov 21, 2024 | $3,563,400 | 4,501 | 7,670 | 57 |
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.