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Rural Residential Land Parcel
For Sale
$259,000

156 Wagon Trail, Cerrillos, NM 87010

LAND - Cerrillos, NM

Lot Size40.00 Acres
Days on Market544

Property Features for 156 Wagon Trail

General Information

Property type Land
Property subtype Other
Zoning Other,Rural Residential
Zoning description County Rural
Vegetation Grassed
Lot features Views
Elementary school Amy Biehl Community
Middle school Milagro
High school Santa Fe
Directions Highway 14 to Goldmine, Goldmine to Wagon Trail, Wagon Trail to Pioneer. Property borders both Pioneer and Wagon Trail, better building sites are likely off of Pioneer. Gated, please make an appointment to see.
Standard status Active
APN 990000850
Lot size 40.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description T13N R 8E S 9 TRACT D-3 LOT 1 40.0 AC
Tax Annual Amount 930
HOA Fee $300 Annually
Legal Description T13N R 8E S 9 TRACT D-3 LOT 1 40.0 AC

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: Barker Realty, LLC
Listed By: Michael S. Sanford · License #52569
Added: Feb 2, 2025 Changed: Jul 28 Last Checked: Jul 31 at 2:06AM
MLS# 202500242

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This rural residential land parcel offers approximately 40 acres with an overall gentle, easy-to-build slope, plus one edge that drops into an arroyo. The property is described as having outstanding mountain views and includes underground power. Roads servicing the parcel are noted as well maintained.

The parcel is bounded on three sides by rarely traveled dirt roads. It is located about six miles from dining in Cerrillos and approximately 22 miles from the south side of Santa Fe. HOA fees are currently $300 per year, primarily for road maintenance.

Covenants prohibit manufactured homes, and there are no stated restrictions on home style or size. The seller indicates the owner may finance.

Key Highlights

  • 40‑acre parcel with mountain views in every direction
  • Easy‑to‑build terrain with a gentle, buildable slope and one edge dropping into an arroyo
  • Water source: well needed; sewer: septic needed

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 87010, NM

1,165
Population
898
Households
1.3
Avg Household Size
58
Median Age
63%
College-Educated
100%
High-School Grad
166.7 sq mi
ZIP Area
7
Density / Sq Mi
$45,490
Median Household Income
$21,840
Median Earnings
$1,375
Median Rent
$450,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 40-acre rural residential parcel in Santa Fe County with underground power and maintained access roads.
Where is this residential land & home lot located?
The property is located at 156 Wagon Trail 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 mountain views in every direction; Easy‑to‑build terrain with a gentle, buildable slope and one edge dropping into an arroyo; Water source: well needed; sewer: septic needed
More about this property
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