Residential Development Lots For Sale in Edgewood NM

Vacant Land for Sale
Catylist Listing ID: 30104443
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 45.14 Acres
Sale Price: $425,000
Unit Price: $9,415 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/23/2018

Overview / Comments

Residential lots in Edgewood New Mexico. Periwinkle Ridge at Hillcrest Communities is a master planned community offering 140 proposed residential lots for a three-phased development of affordable housing for young and growing families, features 8 parks containing 9 acres connected by 3 miles of landscaped trails. Builder packages available. Commute to Albuquerque in 20 minutes or Santa Fe in 50 minutes.

Additional Details

Nearest MSA: Albuquerque
County: Santa Fe
Zoning: R-1
Property Located Between: Hwy 344 & East Venus Road
Property Visibility: Excellent
Legal Description: Hillcrest Master Plan, Unit 2, aka Periwinkle Ridge, Town of Edgewood, Santa Fe County, New Mexico.
Largest Nearby Street: Hwy 344
Highway Access: Just east of Hwy 344
Airports: Sandia Airpark Edgewood, Moriarty Municipal Airport, Albuquerque Sunport
Site Description: Most level parcel.
Area Description: Located within the Town of Edgewood New Mexico. Edgewood is a fast growing small town with a rural type lifestyle, centrally located along the I-40 corridor just 20 minutes east of Albuquerque. Amenities include major shopping, banking, medical, restaurants, lodging, schools and churches.
Part of Planned Development?: Yes
Development Name: Hillcrest Communities
Topography: Level
Easements: Ingress/Egress, Utilities, Other
Easements Description: Refer to attached plat.
Available Utilities: Electric, Water, Gas, Internet Access
Water Service: Other
Sewer Type: None

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,142 5,642 9,640
Median Age: 42.55 41.78 43.21
Households: 1,165 2,140 3,731


Photograph of Listing Agent

Myra Oden

United Country Farm & Home Realty
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