Rock Bottom Pricing on Edgewood Building Lots

Vacant Land for Sale
Catylist Listing ID: 29985440
Property Subtypes: Residential (Single Family)
Gross Land Area: 1 - 1.70 Acres
Sale Price: $21,900
Adjacent Parcels Available: Yes
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/6/2018

Overview / Comments

A total of 29 lots in the Saddle Ridge Subdivision are fully developed with water, power, natural gas and paved roads. Four of them are 1.7 acres each and the others are all 1 acre each. All they need is a septic system and a new house built on them. There are also another 32 lots with utilities stubbed in but no paving yet which will be developed once the first 29 lots are sold. The developed lots are priced at $21,900. Owner financing is possible and in some cases construction financing can be offered. Location is East Venus just under a mile from Edgewood Middle School, and a couple of miles from the Edgewood Super WalMart and 3 miles from the Edgewood I-40 exit. As of this date lots sold or under option are Numbers 34, 35, 38, 39, 52, 55, 56, 57 and 58.

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Taxing Authority: Santa Fe County
Tax ID/APN: Various
Zoning: R-1
Property Located Between: Dinkle and Frost Roads
Property Visibility: Good
Legal Description: Saddle Ridge Subdivision
Largest Nearby Street: New Mexico Highway 344
Highway Access: Excellent access to Old U.S. Route 66 and Interstate 40
Airports: Albuquerque, Santa Fe
Site Description: Property is open and level and Venus is paved to within a half mile of the entrance to the subdivision which is called Express Drive.
Area Description: Edgewood is 19 miles by Interstate from Albuquerque city limits. The town has grown quite fast since its incorporation in 1999. It is served by the highly regarded Moriarty -Edgewood School District as well as a fairly new Charter School the Estancia Valley Classical Academy. Climate is both wetter and cooler than Albuquerque as the elevation is 6800 to 7200 feet and typically sees 16-20 inches of rain and/or snow annually. It is east of the Sandias and is considered the "green side" of those mountains.
Lot Frontage: 171
Lot Depth: 254
Zoning Description: Residential, site-buillt homes only.
Part of Planned Development?: Yes
Development Name: Saddle Ridge
Topography: Level
Easements: Utilities
Soil Type: Loam
Available Utilities: Electric, Water, Gas
Water Service: Municipal
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,142 5,642 7,717
Median Age: 42.55 41.78 42.46
Households: 1,165 2,140 2,951


Photograph of Listing Agent

Raymond H. Seagers

ReMax Western Heritage
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