150 OVERLOOK DRIVE, Placitas, NM 87043
$399,900
Property Type:
Land
Lot Size (sq. ft.):
2,109,175
Status:
Closed
Current Price:
$399,900
List Date:
8/18/2018
Last Modified:
8/02/2023
Description
19 LOTS IN PLACITAS! OVER 48 ACRES FOR $399,900; that's less than $9,000 per acre! Phenomenal views in all directions! This land is already platted as 19 separate lots! Underground electric, Phone & cable lines are only about 300 feet away. Overlook Drive is a paved, county maintained road. The land includes two ridges with STUNNING 360 DEGREE VIEWS! Huge views of the Sandia Mtns, Mesas, sunsets, city lights, Cabezon, Mt Taylor, Rio Grande valley & even the Ortiz Mtns!!! Good wells in the area. (Well on next door property was just 460 feet deep, estimated at 25 gallons per minute.) Seller has 6 acre feet of water rights for the property that can be included for an additional $100,000. Since the land is already platted as 19 lots, the lots could even be rearranged in many different ways!
More Information MLS# 926615
Status Change Info
Pending Date: 2019-04-03
Closing Date: 2019-06-24
Contract Information
Listing Price: 399900
Current Price: $399,900
List Price/Acre: 8258.98
List Price/Lot SqFt: 0.19
Status: Closed
Bank Owned: No
Location
Street #: 150
Street Name: OVERLOOK DRIVE
County: Sandoval
City/Town Code: Placitas
State/Province: NM
Zip Code: 87043
Geo Lat: 35.318078
Geo Lon: -106.454766
Area: 180 - Placitas Area
Zone Atlas: NOZA
General Property Description
# of Lots: 19
Acres: 48.42
Lot SqFt: 2109175
Lot Size Source: Plat
Apx Lot Dim Front: 2246
Apx Lot Dim Side: 1349
Lot Description: 19 LOTS!
Package Deal: No
Tax & Legal Info
UPC Code: 1025073174504
PID: No
SAD: No
Current Taxes: 3632.42
GRT Code: 29-029
Tax Exemption: No
Legal Description Details
Short Legal Desc: Lots 1-4 & 6-20, Block 3 of The Overlook Subdivision
Tract: n/a
Unit: n/a
Block: 3
Lot: 1-4 & 6-20
Subdivision: The Overlook
Section: 31
Township: 13N
Range: 5E
Remarks & Misc
Directions: From I-25 Placitas Exit (242), go east on Highway 165 for 5 miles. Turn left on Overlook Drive and go 1.5 miles. The land is straight ahead. (The lots begin just after house #144 & #145; the street address number of 150 is not official, just for location/reference purposes.)
Utilities Expnsn Chg
Utilities Expnsn Chg: Yes
Utility Impact Fee
Utility Impact Fee: No
Sales Info
Seller Assist Ofrd: No
Trade/Xch Considered: No
Association Details
Association: Yes
Association Mandatory: Yes
Association Fee: 1428
Association Fee Frequency: Monthly
Association Dues/Month: 1428
Property Features
Distance to Water: None
Dist to Electrical: 0 - 1/4 Mile
Distance to Sewer: None
Distance to Phone: 0 - 1/4 Mile
Distance to Gas: None
Distance to Cable: 0 - 1/4 Mile
Possession: Day of Funding
Type: Acreage; Multiple Dwelling; Res. W/Restrictions
Acc. To Prop Line: Paved Road; Public Road
Topography: Slight Slope; Very Steep
Property Access: E Property Line
Features: Partial Fencing; Views
Utilities: Cable Available; Electric; Phone Available; Phone Available; Underground Utilities
Docs/Data Available: Plat Map; Restrictive Covenant
Wastewater: None
Water Source: Currently Must Drill; Well(S) In Area
Finance Considered: Cash; Conventional
HOA Covers Type: Streets; None
Zoning: R-1; RRA
Documents
Plat/Map Survey ›Listing Office: Placitas Realty Inc.
Last Updated: August - 02 - 2023
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