Overlook Drive Placitas, NM 87043

1,279,357 Sqft lot
29.37 Acre lot
Status: Active
Days on Website: 174

Courtesy of Platinum Properties & Invst..

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 paid at closing). 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!

Open House

Property Details and Features

  • Dues Frequency: Annually
  • Fee: 150
  • Days on Market: 172
  • Listing Price: 275000
  • Status: Active
  • Address: Overlook Drive
  • Area: 180 - Placitas Area
  • City: Placitas
  • State: NM
  • Zip: 87043
  • County: Sandoval
  • Subdivision: The Overlook
  • 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.
  • Features: Views,Acreage,GentleSloping,SteepSlope
  • Acres: 29.37
  • Size: 0
  • Size Source: Survey
  • Topography: Sloping
  • Elementary: Placitas
  • Sewer: None
  • Water Source: CommunityCoop,Other,SeeRemarks
  • Utilities: CableAvailable,ElectricityAvailable,PhoneAvailable,SeeRemarks,WaterAvailable,SewerNotAvailable