Land with Sandia Mountain
For Sale
$950,000
S 31 T 13N R 5E Drive, Placitas, NM 87043
LAND - Placitas, NM
Property SizeContact for details
Lot Size24.83 Acres
Days on Market123
Property Features for S 31 T 13N R 5E Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
The Overlook
Lot features
Views
Directions
Take I-25 North toward Santa FeExit at Exit 242 (Placitas / NM-165)Turn right onto NM-165 (Placitas exit)Follow NM-165 into Placitas (you'll pass through the village area)Continue on NM-165 as it winds east toward the foothillsTurn right onto Overlook DrFollow Overlook Dr up into the hillsContinue until you reach 160 Overlook Dr (the pin location--likely on a hillside lot with surrounding homes spaced out)
Standard status
Active
APN
1025073124410
Lot size
24.83 Acres
Taxes and HOA fees
Tax Annual Amount
116
Listing Agency:
Keller Williams Realty
(505) 271-8200
Listed By:
Faithe Real Estate Group
(505) 401-0721
Added: Apr 6
Changed: Aug 4
Last Checked: Aug 6 at 8:06AM
MLS# 1102209
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 24.83-acre land parcel is located in Placitas, New Mexico. The property offers views of the Sandia Mountains and the surrounding desert landscape. It is situated minutes from Albuquerque, providing access to shopping, dining, and amenities. The site is surrounded by custom homes and has nearby utilities. The land provides flexibility, privacy, and potential for building a custom home.
Key Highlights
- Breathtaking views of the Sandia Mountains and surrounding desert landscape.
- Rare opportunity to own land in highly sought‑after Placitas, NM.
- Minutes from Albuquerque for easy access to shopping, dining, and amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 87043, NM
5,090
Population
2,349
Households
2.2
Avg Household Size
62
Median Age
60%
College-Educated
99%
High-School Grad
107.7 sq mi
ZIP Area
47
Density / Sq Mi
$110,268
Median Household Income
$59,185
Median Earnings
$1,869
Median Rent
$520,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 24.83 acres in Placitas, NM with mountain views.
Where is this residential land & home lot located?
The property is located at S 31 T 13N R 5E Drive Placitas, NM.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Breathtaking views of the Sandia Mountains and surrounding desert landscape.; Rare opportunity to own land in highly sought‑after Placitas, NM.; Minutes from Albuquerque for easy access to shopping, dining, and amenities.
