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    E Elk Rd, Unit 2 Ramah, NM 87321

    For Sale
    $39,000

    LAND - Ramah, NM

    Lot size:
    5.58 Acres
    Days on Market:
    296
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for E Elk Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    R194786
    Lot size
    5.58 Acres

    Sandia Peak Realty (505) 401-0496 [email protected]

    Listing agent Adam Pehrson (505) 401-0496 License #REC20250089

    Listing date Feb 13, 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

    Land in Timberlake Ranch

    This 5.58-acre parcel is located in the Timberlake Ranch Subdivision, featuring ponderosa forest. Owner financing is available. The property is relatively flat, with open meadows and trees, and offers views of the red bluffs through the trees. Deer and elk are frequent visitors to the parcel. The location provides access to outdoor activities at the nearby Ramah Lake Reservoir and Cibola National Forest. It is suitable as a getaway or for year-round living. The HOA maintains the roads and there is a Volunteer Fire Station and EMS in the neighborhood. The HOA also provides a community well for camping use, a bath house, and private lake access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Ramah
    County
    Cibola
    State
    New Mexico
    Longitude
    -108.478453
    Latitude
    35.198128

    FAQs

    What type of property is this?
    Land - 5.58 acres in Timberlake Ranch Subdivision with owner financing.
    Where is this land located?
    The property is located at E Elk Rd, Unit 2 Ramah, NM.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: - 5 acre parcel in Timberlake Ranch with available Owner Financing.; - Access to HOA maintained roads, Volunteer Fire Station and EMS in the neighborhood.; - Enjoy close proximity to Ramah Lake Reservoir and Cibola National Forest for outdoor activities.
    (505) 401-0496
    Request Owner's contact information
    E Elk Rd, Unit 2 Ramah, NM 87321
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    E Elk Rd, Unit 2
    Ramah, NM 87321
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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
    E Elk Rd, Unit 2 Ramah, NM 87321
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