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    40 Costilla Mdws, Unit 2 Costilla, NM 87524

    For Sale
    Contact for pricing

    LAND - Costilla, NM

    Lot size:
    8.44 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 40 Costilla Mdws

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1081187150440
    Lot size
    8.44 Acres

    Coldwell Banker Legacy (505) 292-8900 [email protected]

    Listing agent Alfred R Unser (505) 401-8599 License #54638

    Listing date Oct 2, 2025

    Copyright © 2025 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.

    Overview

    Costilla Land Near State Line

    This 8.44-acre lot is located in Costilla Meadows, 52 miles from Taos, New Mexico, and directly along the New Mexico/Colorado state line. The property is suitable for horses and offers space from neighbors, with views of the surrounding mountains. Latir Lakes, a series of high mountain trout lakes, are located 15 miles away. The area supports big game hunting for deer, elk, bear, and turkey. Deer are occasionally seen in the meadows. Hiking and mountain climbing opportunities are available within 25 miles. Red River Ski Area is 42 miles away, and Taos Ski Valley is 64 miles away. Colorado ski areas and winter activities are within driving distance. The buyer is responsible for verifying the survey, slope, and zoning.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Costilla
    County
    Taos
    State
    New Mexico
    Longitude
    -105.454697
    Latitude
    36.972227

    Nearby Similar for Sale

    • $1,259,000
      2,530 SF

      Costilla, NM Business Opportunity

      Established Gas Station & Grocery
      2 Off Hwy, Costilla, NM 87524
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 8.44 acre lot near Taos and Colorado border.
    Where is this agricultural land located?
    The property is located at 40 Costilla Mdws, Unit 2 Costilla, NM.
    What is the asking price?
    The asking price for this property is $16,000.
    What are key features of this property?
    This property features: - Large 8.44-acre lot offers space and privacy.; - Enjoy proximity to outdoor recreation: Latir Lakes (15 miles), hiking/mountain climbing (25 miles).; - Located near the New Mexico/Colorado state line, offering access to both states.
    (505) 401-8599
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    40 Costilla Mdws, Unit 2 Costilla, NM 87524
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    Costilla, NM 87524
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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
    40 Costilla Mdws, Unit 2 Costilla, NM 87524
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