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    Top Magdalena Mt Magdalena Mtn Magdalena, NM 87825

    For Sale
    $877,500

    65 Acres, Scenic NM Mountain Property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 65-acre property, located atop Magdalena Mountain in Socorro County, New Mexico, presents a unique investment opportunity. Situated just six miles from Magdalena, NM, and a convenient 1.5-hour drive from Albuquerque, this land boasts breathtaking panoramic views in all directions. The property, which includes historic patented mining claims dating back to 1892 (survey available), has not been offered for sale in over a century. Imagine mountain living at its finest, with endless recreational possibilities. Hunt, hike, prospect, or simply enjoy the tranquility and stargaze under pristine skies. The diverse landscape features a rich tapestry of vegetation, including ponderosa pine, pinon, oak, red cedar, alligator juniper, fir, and a variety of wildflowers and grasses. The high elevation reaches 9,380 feet, offering a cool, refreshing climate. This land is nestled within the Cibola National Forest, providing access to abundant natural beauty and recreational opportunities. Priced at $877,500, this is a rare chance to own a piece of New Mexico history and enjoy the unparalleled beauty of the Magdalena Mountains. The property is classified as recreational land and is ideal for those seeking a secluded mountain retreat or a unique investment in a stunning natural setting.

    Property Features for Top Magdalena Mt Magdalena Mtn

    General Information

    Property type
    Specialty properties
    Lot Size
    2,831,400 SF

    HighLights

    • 65‑acre recreational property atop Magdalena Mountain in Socorro County, NM.
    • Located six miles from Magdalena, NM, and 1.5 hours from Albuquerque.
    • Features breathtaking panoramic views and historic patented mining claims dating back to 1892.
    • Offers abundant recreational opportunities including hunting, hiking, and prospecting.
    • Boasts diverse vegetation, high elevation (9,380 feet), and a cool climate.
    • Nestled within the Cibola National Forest.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magdalena
    County
    Socorro
    State
    New Mexico
    Longitude
    -107.1853129
    Latitude
    34.0483977

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      Magdalena Commercial Corner Lot

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    FAQs

    What type of property is this?
    Specialty property - 65 Acres, Scenic NM Mountain Property
    Where is this specialty property located?
    The property is located at Top Magdalena Mt Magdalena Mtn Magdalena, NM.
    What is the asking price?
    The asking price for this property is $877,500.
    What are key features of this property?
    This property features: 65-acre recreational property atop Magdalena Mountain in Socorro County, NM.; Located six miles from Magdalena, NM, and 1.5 hours from Albuquerque.; Features breathtaking panoramic views and historic patented mining claims dating back to 1892.
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    Top Magdalena Mt Magdalena Mtn Magdalena, NM 87825
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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

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    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
    Top Magdalena Mt Magdalena Mtn Magdalena, NM 87825
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