This 11.32-acre lot is located in what will be the gorgeous community of Tierra Grande in Valencia, New Mexico. This large, flat lot has few trees or shrubs and maintains a relatively consistent elevation throughout. This lot is located in an area that has no recent developments, but plenty of potential.
Close To Major Cities Albuquerque, is just over an hour away and provides endless options for entertainment for the whole family. From a mountain tram that takes you up into the sky for incredible views, to historical museums, nature parks and Walter White’s house from the hit show Breaking Bad, New Mexico has a lot to offer!
Close To Nature The area may be void of large shopping centers and chain restaurants, but what it is not lacking is the opportunity to connect with nature. The Bernardo Wildlife Area is only 35 minutes away and the Cibola National Forest is a 1.5-hour trip from the property. Although many think of New Mexico has a dry and desolate place, there are many opportunities for fishing and water sports. Locals make a day trip to Heron Lake for excellent trout and salmon fishing, as well as small boat sailing. This lake also hosts a variety of hiking trails, suspension bridges and picnic areas that make for a great afternoon adventure. For more great hiking opportunities with stunning mountain views, the Manzano Mountains are just a little over an hour away.
Close To The Local Community There are elementary, middle, and high schools located in the neighboring town of Belen, which is about 40 minutes away. Families in the area have their choice of both public and private schools, and high school grads can stay local and head to University of New Mexico Valencia campus in Tome, about 45 minutes away. Belen is also where you will also find modern conveniences like grocery stores, banks, salons, pharmacies and retail shops. Belen is the second most populated city in Valencia and is home a number of annual festivals and events such as The Hispano Matanza, an annual Spanish style BBQ that breaks records every year.
Lot Acre: 11.32 Subdivision: TIERRA GRANDE Yearly Tax: $92 Zoning: RESIDENTIAL LAND Zoning Code: Rural Residential Zoning Definition: This property is located within the Tierra Grande Association covenant community. All properties overseen by the Association are zoned Rural Residential. All lots are buildable. There are restrictive covenants on the property. Simply, all homes must be site built (no mobile, manufactured or modular housing is allowed). A residence must be a minimum of 2,000 ROOFED sq. ft. (not heated sq. ft.)
This particular lot is located on Paloma Loop off of Mallette Dr. It is located approximately 20 acres away from an existing home. Which means it is also located approximately 20 acres away from power. Public water and sewer are NOT available. Residents generally put in a septic system and drill a well accordingly.
Listing ID: NM-VAL-22/06/TG-13
Please read the following before you bid! YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $15,900. The amount of your Winning Bid will be deducted from the assumable balance as your down payment!
This property comes with a 20-year finance option at 12% simple interest with monthly payments of approximately $175. Monthly Payment may vary slightly based on final Down Payment Amount.
There is no Prepayment Penalty, and we offer a 5 Percent Discount on your unpaid balance when prepaid in full.
ASK ALL OF YOUR QUESTIONS BEFORE YOU BID!
Buyer will receive a 1-Year Parcel Exchange Privilege at no cost. (Some properties may not be available as an exchange.)
This Parcel is offered with Owner Financing and no qualification to own.
This Parcel is within a Legal Recorded Subdivision or Plat. This Parcel may be subject to Protective Covenants. Title insurance is available on all Parcels. We Guarantee a free and clear Title!
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