Comparable sales & offer analysis
Parcel CA-685345
Santa Barbara County, CA · 38.43 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$553,900
Adjusted value
$481,605
Value range
$416,091–$547,120
Comp $/acre
$12,532/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.0% versus the adjusted value.
Offer position
Max allowable offer
$275,203
Offer $/acre
$7,161/ac
Projected profit
$144,482
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-465254 | 36.0 | Nov 9, 2025 | $551,400 | 15,325 | 13,518 | 80 |
| CA-944652 | 23.3 | May 19, 2026 | $236,900 | 10,183 | 11,231 | 76 |
| CA-323990 | 14.4 | Jul 27, 2026 | $223,700 | 15,536 | 13,633 | 74 |
| CA-126360 | 80.2 | Jul 27, 2026 | $743,900 | 9,279 | 13,774 | 73 |
| CA-805348 | 38.5 | Aug 5, 2024 | $338,300 | 8,783 | 11,276 | 73 |
| CA-975590 | 45.9 | May 5, 2024 | $564,300 | 12,295 | 12,038 | 72 |
| CA-986441 | 85.0 | Jan 15, 2026 | $1,477,300 | 17,376 | 15,402 | 71 |
| CA-683812 | 12.7 | Jul 27, 2026 | $184,400 | 14,566 | 10,853 | 66 |
| CA-184772 | 25.4 | Oct 4, 2024 | $576,800 | 22,728 | 13,753 | 63 |
| CA-136940 | 122.0 | Oct 3, 2025 | $1,146,100 | 9,391 | 9,208 | 58 |
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.