Overlook Drive, Placitas NM, 87043
(Active)
$275,000
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MLS# 1044560
Last Updated: 4/27/2024 12:12 PM
Description for
Overlook Drive
Placitas, NM 87043
AMAZING INVESTMENT OPPORTUNITY: 10 lot subdivision spanning over 29.3+ acres in The Overlook, a premier Placitas subdivision. Property has commanding views of the Sandia Mountains, Santa Fe, Jemez, Cabazon and the Rio Grande Valley. Property is on a mountain-top at the end of Overlook Drive with a jeep road cut to the lots. Lots include water membership with The Overlook Water Coop ($5,000 per lot hookup fee paid at time you hook up to water). Utilities are run to the last house before the jeep trail. Homes in The Overlook have sold from $500k up to $1.91M. Priced to sell at only $9,300 per acre!
Price
$275,000
The Overlook
Sandoval
1044560
Active
Description
AMAZING INVESTMENT OPPORTUNITY: 10 lot subdivision spanning over 29.3+ acres in The Overlook, a premier Placitas subdivision. Property has commanding views of the Sandia Mountains, Santa Fe, Jemez, Cabazon and the Rio Grande Valley. Property is on a mountain-top at the end of Overlook Drive with a jeep road cut to the lots. Lots include water membership with The Overlook Water Coop ($5,000 per lot hookup fee paid at time you hook up to water). Utilities are run to the last house before the jeep trail. Homes in The Overlook have sold from $500k up to $1.91M. Priced to sell at only $9,300 per acre!
Listing Information
| Property Type: Land, Other | ||
| 29.37 Acres | Residential, Unimproved | |
13N//
The Overlook
Other, See Remarks
None
Cable Available, Electricity Available, Phone Available, See Remarks, Water Available, Sewer Not Available
Residential, Unimproved
Neighborhood
School Information
| Placitas | ||
Room Information
Exterior / Lot Features
R-1
Sloped, Views, Gentle Sloping, Steep Slope
Driving Directions
I-25 to Placitas exit. East on Hwy 165 (5 miles), left on Overlook Drive and follow to the end of the paved road. Overlook turns to gravel and turns in to a jeep trail to the properties.
Financial Considerations
| $150 Annually |
| Multiple |
| $2,323 |
Cash, Conventional, Owner May Carry
Listing Price History
Placitas Real Estate
Placitas is located in New Mexico. Placitas, New Mexico 87043 has a population of 5,195.
The median household income in Placitas, New Mexico 87043 is $80,672. The median household income for the surrounding county is $64,762 compared to the national median of $66,222. The median age of people living in Placitas 87043 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 11/10/2023 | Active | $275,000 USD |
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