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    700 State Highway 165 Placitas, NM 87043

    Sponsored
    For Sale
    $34,000

    LAND - Placitas, NM

    Lot size:
    1.37 Acres
    Days on Market:
    45
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 700 State Highway 165

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1027073220230
    Lot size
    1.37 Acres

    Placitas Realty Inc (505) 263-2266 [email protected]

    Listing agent David Harper (505) 867-8000 License #14820

    Listing date Nov 25, 2025

    MLS# 1089684 Listing URL

    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

    Placitas Land with Mountain View

    This 1.37-acre lot is located along Highway 165, just west of the 7-mile marker in Placitas, NM. The property features a mountain view and is situated next to the Arroyo Del Oso. The lot is suitable for a tiny home or casita, and a larger home could also be accommodated with proper layout. There are no covenants or restrictions, and minimal zoning regulations apply. Off-site built homes are permitted. Electricity, phone, and cable/internet are available via overhead lines. A natural gas line is also located nearby. Wells in the area range between 100 and 300 feet in depth. The Arroyo Del Oso is a deep, seasonal stream filled with trees. The property allows for chickens, goats, and other animals. Bank financing is available with a 25% down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Spa & Massage Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Accounting Firm Grocery Store Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Placitas
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.418612
    Latitude
    35.3105

    FAQs

    What type of property is this?
    Land - Affordable 1.37-acre lot with mountain views near Arroyo Del Oso.
    Where is this land located?
    The property is located at 700 State Highway 165 Placitas, NM.
    What is the asking price?
    The asking price for this property is $34,000.
    What are key features of this property?
    This property features: - Big mountain view.; - No covenants or restrictions.; - Ideal for tiny home or casita; larger home possible.
    (505) 263-2266
    Request Owner's contact information
    700 State Highway 165 Placitas, NM 87043
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    Placitas, NM 87043
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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
    700 State Highway 165 Placitas, NM 87043
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