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Key Facts

1.50Lot (acres)

$23,500

$24,900 · Price reduced

Active1088 days on marketListed February 7, 2023

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Description

Beautiful views of the famous geological formations in this part of Rio Arriba County from this lot amongst low hills and arroyos. Unimproved but utilities in the area. Not far from paved road and convenient to US 84 to Abiquiu and Chama or Espanola.

Property Information

Property Type

Land

Lot Size

1.50 acres

Zoning

Rural Residential

Days on Market

1088

MLS® Listing#

202334758

Property Features

Lot Features:: Rolling Slope, Views
Sewer:: Septic Needed

Schools

Elementary:: Abiquiu
Middle:: Carlos F. Vigil Espanola Middle School
High:: Espanola Valley High

HOA & Tax

HOA:: None
Annual Tax:: $54 (2022)
Parcel #:: 1-038-135-022331

Directions

Take US 285/84 north out of Espanola; stay straight on US 84 where US 285 turns northeast. Turn right on NM 554. Drive 6/10 mile and turn right on NM 142. Drive 1.4 miles and turn left on Poloma Drive. Set your odometer here. Go past Duane drive and veer left at El Mirador. Veer left again at the cluster of signs for Rockview & El Mirador. At 0.5 miles from the intersection of NM 142 and Poloma, turn right on an unmarked dirt road which crosses the arroyo, just before a small square shed with a wooden fence and a white outhouse. Drive 2/10 mile to the southwest corner of the lot. You will see a rebar at the corner with orange and fushia flagging tape. Most of the boundary of the lot is flagged.

Affordability Calculator

Home Price

Down Payment

$4,700

Interest Rate (%)

Loan Term

Estimated monthly payment

$125/mo

Principal $18,800 · Est. interest $26,228 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Medanales, NM

$550,000
Median Listing Price: 168
Median Days on Market: 2,382
Median Sq Ft: $250
Median Price / Sq Ft: 7
Active Listings

This home’s price is 96% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Medanales, NM.

Moving Cost Estimate

Listing Courtesy: Real Broker LLC - 5055574976

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