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    156 Wagon Trail Rd Cerrillos, NM 87010

    For Sale
    $259,000

    LAND - Cerrillos, NM

    Lot size:
    40.00 Acres
    Days on Market:
    308
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 156 Wagon Trail Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Grassed
    Zoning
    Other,Rural Residential
    APN
    990000850
    Lot size
    40.00 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    Barker Realty LLC (505) 982-9836 [email protected]

    Listing agent Michael S. Sanford (505) 916-6644 License #52569

    Listing date Feb 2, 2025

    MLS# 202500242 Listing URL

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    40 Acres in Cerrillos, NM

    This 40-acre parcel offers views and maintained roads. Underground power is available. The property is bounded on three sides by rarely traveled dirt roads. The majority of the parcel features a gentle slope suitable for building, with one edge dropping into an arroyo. Mountain views are available in every direction, with clear night skies. It is located six miles from dining in Cerrillos and 22 miles from the south side of Santa Fe. HOA fees are currently $300 per year, primarily for road maintenance. Covenants forbid manufactured homes but have no style or size restrictions. The owner may finance the purchase. An adjacent parcel is also for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cerrillos
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.103342
    Latitude
    35.367016

    FAQs

    What type of property is this?
    Land - Land with views, underground power, and maintained roads near Santa Fe.
    Where is this land located?
    The property is located at 156 Wagon Trail Rd Cerrillos, NM.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - 40-acre parcel with outstanding mountain views and starlit night skies.; - Gentle, easy-to-build slope with underground power and well-maintained roads.; - Conveniently located 6 miles from Cerrillos dining and 22 miles from Santa Fe.
    (505) 916-6644
    Request Owner's contact information
    156 Wagon Trail Rd Cerrillos, NM 87010
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    Cerrillos, NM 87010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Wagon Trail Rd Cerrillos, NM 87010
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