Planned Residential Development
For Sale
$600,000
Hillcrest, Edgewood, NM 87015
LAND - Edgewood, NM
Lot Size140.00 Acres
Days on Market92
Property Features for Hillcrest
General Information
Property type
Land
Property subtype
Other
Zoning description
RR
Subdivision
HILLCREST
Lot features
Meadow, Views, Stream Creek
Directions
I-40 TO EDGEWOOD EXIT. NORTH PAST WALMART TO LIGHT AT DINKLE RD. EAST ABOUT 1.5 MILES. JUST PAST EPOCH RD WHICH IS AT SW CORNER OF THE 160 ACRES. . RUNS FROM THERE EAST TO WHERE QUAIL TRAIL COMES IN ON RIGHT. SEE MAILBOXES ON LEFT AT SE CORNER OF THE 160 AC.
Standard status
Active
APN
notavailable
Lot size
140.00 Acres
Taxes and HOA fees
Tax Description
Units 12-A-1, 12-A-2, 12-B, Excluding Tract H-2-W.
Tax Annual Amount
500
Legal Description
Units 12-A-1, 12-A-2, 12-B, Excluding Tract H-2-W.
Utilities
Sewer type
Septic Tank
Listing Agency:
Coldwell Banker Legacy · Coldwell Banker Real Estate
(505) 828-1000
Listed By:
Frank Andreone · License #25713
(505) 857-2328
Added: Apr 30
Changed: Jul 28
Last Checked: Jul 30 at 11:06PM
MLS# 1102629
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.
Investment Insights
Based on property information with market context.
Approximately 140+/- acres of development land in Edgewood, NM, offered for sale. The property has a prior planned layout for 54 lots from an established master plan, with an additional 18 lots described as remaining south of Unit 12-C.
Sellers indicate flexibility for buyers and are open to partial exchanges and seller financing. The property can be used to develop the referenced 54-lot project or potentially reconfigured into larger ranchettes, subject to applicable approvals.
This offering is best suited for buyers who want a sizable land holding with an existing lot-planning concept and room to pursue an updated development approach through the local entitlement process.
Sellers indicate flexibility for buyers and are open to partial exchanges and seller financing. The property can be used to develop the referenced 54-lot project or potentially reconfigured into larger ranchettes, subject to applicable approvals.
This offering is best suited for buyers who want a sizable land holding with an existing lot-planning concept and room to pursue an updated development approach through the local entitlement process.
Key Highlights
- Approximately 140+/- acres with prior planned 54 lots from a master plan
- Additional 18 lots left south of Unit 12‑C available
- Sewer: septic tank
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 87015, NM
12,833
Population
6,593
Households
1.9
Avg Household Size
47
Median Age
34%
College-Educated
93%
High-School Grad
131.6 sq mi
ZIP Area
98
Density / Sq Mi
$72,681
Median Household Income
$48,270
Median Earnings
$891
Median Rent
$263,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land package offers a prior master-plan layout for 54 lots, with additional 18 lots south of Unit 12-C.
Where is this residential land & home lot located?
The property is located at Hillcrest Edgewood, NM.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 140+/- acres with prior planned 54 lots from a master plan; Additional 18 lots left south of Unit 12‑C available; Sewer: septic tank
