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    Cholla Ln Placitas, NM 87043

    Sponsored
    For Sale
    $45,000

    LAND - Placitas, NM

    Lot size:
    2.05 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for Cholla Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1024073366321
    Lot size
    2.05 Acres

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

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

    Listing date Jan 6, 2026

    MLS# 1096381 Listing URL

    Copyright © 2026 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

    Land with Sandia Views

    This 2.05-acre lot is located in Ranchos De Placitas, approximately 700 feet from a paved road and 5 miles from I-25. The property offers views of the Sandia Mountains and features a level building site near the front. A driveway easement divides the lot, with the back portion being steeper and descending into a large arroyo at the north end. Electricity, natural gas, telephone, and cable services are available in the road fronting the lot. A well will need to be drilled for water, with nearby wells ranging from 225 to 400 feet in depth. Covenants are in place, requiring a minimum house size of 1,200 square feet and a maximum building height of 17 feet. Horses are permitted, but chickens and mobile or modular homes are not allowed. Bank financing is available with a 25% down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Placitas
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.466056
    Latitude
    35.312606

    FAQs

    What type of property is this?
    Land - Two-acre lot in Placitas with utilities and mountain views.
    Where is this land located?
    The property is located at Cholla Ln Placitas, NM.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Affordable: Priced at just $45,000.; - Conveniently located: Only 700 feet from a paved road and 5 miles from I-25.; - Utilities available: Electricity, natural gas, telephone, and cable are in the road in front of the lot.
    (505) 867-8000
    Request Owner's contact information
    Cholla Ln Placitas, NM 87043
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    Cholla Ln
    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
    Cholla Ln Placitas, NM 87043
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