NYA E MAIN Street, Farmington, NM 87402
None · San Juan County
Key Facts
Description
''Lakewood Subdivision'' ATTENTION DEVELOPERS & INVESTORS! Rare 40-acre development opportunity ideally positioned in Farmington, New Mexico. The property is currently zoned Rural Agriculture yet benefits from existing, approved subdivision plans, significantly reducing entitlement timelines and upfront risk. An 80-foot access and utility easement from E Main Street provides direct connectivity, with sewer already in place, an exceptional infrastructure advantage for a project of this size. Located just minutes from shopping, San Juan Country Club, and Farmington Lake, and less than an hour from Durango, Colorado, the property is nestled between established neighborhoods with nearby parks. This setting creates a natural and highly desirable transition for residential growth. The site lends itself well to multiple development concepts, including single-family residential neighborhoods, clustered or cottage-style communities, estate-size lots, or thoughtfully designed open-space residential projects that complement surrounding developments. With access, utilities, and preliminary planning already in motion, this property presents a rare combination of scale, location, and readiness. Large tracts with this level of preparation are increasingly scarce, making this an exceptional opportunity with substantial upside.
Property Information
Property Type
Land
Lot Size
40.00 acres
Days on Market
2
MLS® Listing#
26-129
Property Features
Roof
Sewer
Schools
- Elementary:
- Country Club Elementary
- Middle:
- Heights Middle School
- High:
- Piedra Vista High
Financial Details
Annual Taxes
$2,230
Directions
N on Mickey Dr from E Main. E on Santa Clara Dr. E on Jemez St.
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Farmington, NM
- $355,000
- Median Listing Price
- 39
- Median Days on Market
- 2,060
- Median Sq Ft
- $179
- Median Price / Sq Ft
- 111
- Active Listings
- This home’s price is 30% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Farmington, NM.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 30 ROAD 5758, Farmington, NM | $175,000 | 3 | — | 1,296 |
| 9 Road 6885, Farmington, NM | $175,000 | 3 | 1 | 1,477 |
| 502 W ANIMAS Street, Farmington, NM | $179,000 | 3 | — | 1,429 |
| 760 S MILLER Avenue, Farmington, NM | $180,000 | — | — | — |
| 1820 ESCONDIDO Trail, Farmington, NM | $185,000 | — | — | — |
| 3888 N BUTLER Avenue 7, Farmington, NM | $189,000 | 2 | — | 1,020 |
Moving Cost Estimate
Listing Courtesy: EXP Realty, LLC
Presented by: Allen Elmore