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    48 3 Sisters Cerrillos, NM 87010

    For Sale
    $250,000

    LAND - Cerrillos, NM

    Lot size:
    40.00 Acres
    Days on Market:
    346
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 48 3 Sisters

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Grassed
    Zoning
    Rural Residential
    APN
    099307587
    Lot size
    40.00 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well

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

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

    Listing date Dec 28, 2024

    MLS# 202342070 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

    Cerrillos Land with Exceptional Views

    This 40-acre parcel is located outside of Cerrillos, within the gated community of Ranchitos de Santa Fe. The land features underground power, a shared well, and maintained roads. The shared well has a well house, storage tank, and pump and was estimated at 20 gallons per minute at the time of drilling. The property offers buildable space and views in every direction. A deep arroyo adds to the landscape. The HOA provides a 2.8-mile-long open space suitable for riding or hiking. Horses are welcome. There are no size or style restrictions on site-built homes. The property is situated 22 miles from Santa Fe, closer to Madrid and Cerrillos for dining and entertainment. The adjacent 40-acre parcel is also for sale. The property is zoned for Rural Residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Cerrillos
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.0900029
    Latitude
    35.3810928

    FAQs

    What type of property is this?
    Land - 40 acres near Santa Fe with shared well and underground power.
    Where is this land located?
    The property is located at 48 3 Sisters Cerrillos, NM.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Exceptional views and acres of buildable space.; - Forty acres of land in a gated community with maintained roads and underground power.; - Shared well with well house, storage tank, and pump; estimated at 20 gallons per minute at time of drilling.
    (505) 916-6644
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    48 3 Sisters 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
    48 3 Sisters Cerrillos, NM 87010
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