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Residential Land Lot in Gated Community
For Sale
$140,000

37 Shiprock Road, Sandia Park, NM 87047

Land, Sandia Park, NM

Property SizeContact for details
Lot Size1.04 Acres
Days on Market558

Property Features for 37 Shiprock Road

General Information

Property type Land
Property subtype Other
Zoning R-2
Subdivision Paa-Ko
Elementary school San Antonito
Middle school Roosevelt
Directions From I-40 take Exit 175. Travel North on Highway 14 for approximate 9 miles to the 2nd Paa-ko entrance. Upon entering the Paa-Ko subdivision turn right onto Paa-ko Drive, left on Raindance Rd to entrance gate. A lockbox is on the gate. Follow the road in until it becomes Shiprock Rd. Lot is on right just before the corner property of 21 Broken Arrow Rd.
Standard status Active
APN 103206621329120110
Lot size 1.04 Acres

Taxes and HOA fees

Tax Description LT 818 FINAL REPLAT OF PAA-KO VILLAGE LOTS 395-413 UNIT 14 LOTS 459-468 UNIT 10 LOTS 792-837 UNIT 4 CONT 1.0400 AC
Tax Annual Amount 900
HOA Fee $188 Monthly
Legal Description LT 818 FINAL REPLAT OF PAA-KO VILLAGE LOTS 395-413 UNIT 14 LOTS 459-468 UNIT 10 LOTS 792-837 UNIT 4 CONT 1.0400 AC
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Elizabeth A. McGuire · License #11197
Added: Apr 21, 2025 Changed: Oct 30 Last Checked: Oct 30 at 10:06PM
MLS# 1083147

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.

Rey
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Investment Insights

Based on property information with market context.

This offering is a residential land lot in the gated subdivision of Paa-Ko Communities. The property is described as offering views from all directions. A set of conceptual home design plans (Lowe-Bo Homes) is included with the lot sale, along with a soil report for that home design and a grading & drainage plan that the buyer may choose to use.

The property is located at 37 Shiprock Road in Sandia Park, New Mexico. Public remarks note that HOA dues are bundled with sewer association and recreational dues, as well as private gated subdivision dues.

The lot size is listed as 1.04 acres. Information for vacant land financing is stated as available.

Key Highlights

  • Located in the desirable, gated Paa‑Ko Communities subdivision.
  • Monthly dues of $188 cover HOA, sewer association, recreational amenities, and private gated subdivision fees.
  • Includes conceptual Home Design Plans (Lowe‑Bo Homes), a soil report for that design, and a grading & drainage plan.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 87047, NM

5,460
Population
2,392
Households
2.3
Avg Household Size
55
Median Age
53%
College-Educated
97%
High-School Grad
139.2 sq mi
ZIP Area
39
Density / Sq Mi
$111,546
Median Household Income
$57,393
Median Earnings
$1,130
Median Rent
$399,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in a gated Paa-Ko Communities subdivision with conceptual home design plans and related reports included.
Where is this residential land & home lot located?
The property is located at 37 Shiprock Road Sandia Park, NM.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Located in the desirable, gated Paa‑Ko Communities subdivision.; Monthly dues of $188 cover HOA, sewer association, recreational amenities, and private gated subdivision fees.; Includes conceptual Home Design Plans (Lowe‑Bo Homes), a soil report for that design, and a grading & drainage plan.
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