El Vado Lake Subdivision
Tierra Amarilla, NM 87575

Description

Income producing! Asking price for the entire gated community subdivision of approximate 1,030+ acres remaining on this ranch is now REDUCED to $ 900,000. There are approx. 104 10-acre lots available (this number changes ongoingly) which are on the market for $ 29,000 each, one 10-acre lot at the Rio Nutrias Canyon is offered for $ 45,000 and one 5-acre lot at the Chama River is priced at $ 22,500. There is also a gravel pit included in the acreage which has been used to maintain the roads throughout the subdivision. The total retail value of all lots is $ 3,016,000 at this time.The total wholesale value of the entire ranch is $ 900,000.The entire ranch is surrounded by public lands on three sides: to the north lies the Rio Chama State Wildlife Area which encompasses both the El

Details

MLS#898598
Sub-TypeResale
StatusActive
Days On Site353

Features

ZoningA-2
Acreage1000.00

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Area Information

StateNM
CountyRio Arriba
CityTierra Amarilla
Zip Code87575
Area570 - Rio Arriba
Listing VS Median (in 87575)
Price:
$900,000
low | high
Med:
$530,000
91.111111111111% of Average
On Site:
353
low | high
Med:
185.5
100% of Average
Listing Updated: 07/20/2018
MLS Number: 898598
Listing Provided By:
Wolfgang Rempen  of  New Mexico Ranch Pros