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    Subdivision Fullerton Rdg Sandia Park, NM 87047

    For Sale
    $699,900

    Prime NM Ranch Land - 20 Platted Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 4,356,000 square foot property in the Fullerton Ridge Subdivision of Sandia Park, New Mexico, presents a unique development opportunity. The land comprises twenty platted lots, each offering stunning mountain views and varying in size from two to nine acres. The subdivision boasts a desirable blend of wooded areas, meadows, and privacy, creating an idyllic setting. Conveniently located just 25 minutes from Albuquerque and 40 minutes from Santa Fe, this location offers easy access to urban amenities while maintaining a tranquil, rural atmosphere. Nearby recreational opportunities include golfing and skiing. Utilities are available at the subdivision line, including electricity and phone service. Restrictive covenants are in place to maintain the property's aesthetic appeal and value, including a minimum home size of 2,000 square feet. Modular homes are permitted on permanent foundations, and temporary RV living is allowed during construction. Gated access ensures security and privacy. Lots 1-5 are available for individual purchase, with Lots 1-3 priced at $38,000 each and Lots 4-5 priced at $28,000 each. This is an ideal investment for developers seeking to capitalize on the high demand for land in this sought-after area of New Mexico. The property borders National Forest.

    Property Features for Subdivision Fullerton Rdg

    General Information

    Property type
    Farms

    HighLights

    • $699,900 asking price.
    • 100‑acre (4,356,000 sq ft) land parcel in the Fullerton Ridge Subdivision, Sandia Park, NM.
    • 20 platted lots ranging from 2‑9 acres each, offering mountain views and bordering National Forest.
    • Lots 1‑5 available for individual purchase; Lots 1‑3 priced at $38,000 each, Lots 4 & 5 at $28,000 each.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sandia Park
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.3228338
    Latitude
    35.2102646

    Nearby Comparable

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      Sandia Park Ranch Land - $28k

      Mountain Views, Build Your Dream Home
      5 Fullerton Rdg, Sandia Park, NM 87047
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    • $38,000

      Sandia Park Ranch Land - $38K

      119,790 sq ft lot; mountain views; near Albuquerque.
      3 Fullerton Rdg, Sandia Park, NM 87047
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    • $200,000
      105.00 Acres

      Sandia Park Land with Canyon

      105 acres of land with canyon near Santa Fe.
      105 Acres, Sandia Park, NM 87047
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    • $38,000

      Sandia Park Ranch Land - $38K

      Mountain Views, Build Your Dream Home
      1 Fullerton Rdg, Sandia Park, NM 87047
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    • $38,000

      Sandia Park Ranch Land - $38K

      Mountain Views, Build Your Dream Home
      2 Fullerton Rdg, Sandia Park, NM 87047
      View Details
    • Contact for pricing

      Sandia Park Ranch Land - $28k

      Mountain Views, Build Your Dream Home
      4 Fullerton Rdg, Sandia Park, NM 87047
      View Details

    FAQs

    What type of property is this?
    Farm - Prime NM Ranch Land - 20 Platted Lots
    Where is this farm located?
    The property is located at Subdivision Fullerton Rdg Sandia Park, NM.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: $699,900 asking price.; 100-acre (4,356,000 sq ft) land parcel in the Fullerton Ridge Subdivision, Sandia Park, NM.; 20 platted lots ranging from 2-9 acres each, offering mountain views and bordering National Forest.
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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
    Subdivision Fullerton Rdg Sandia Park, NM 87047
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