Placitas Land with Development
For Sale
$240,000
Pinon Ridge Lot 5 Drive, Placitas, NM 87043
LAND - Placitas, NM
Property SizeContact for details
Lot Size8.29 Acres
Days on Market208
Property Features for Pinon Ridge Lot 5 Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
Pinon Ridge
Lot features
Views, Acreage
Directions
Placitas Exit 242. East approx. 5 miles to Pinon Ridge Subdivision on south side of road just before Placitas Library.
Standard status
Active
APN
R142182
Lot size
8.29 Acres
Taxes and HOA fees
Tax Annual Amount
770
Utilities
Water source
Well, Private
Listing Agency:
EXP Realty LLC
(505) 554-3873
Listed By:
Gilbert S. Gallegos · License #47638
(505) 350-8245
Added: Jan 16
Changed: Jul 28
Last Checked: Aug 12 at 1:06AM
MLS# 1097093
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.
This 8.29-acre land parcel is located in Placitas, New Mexico. A proposed subdivision is in development, offering development or investment potential. The property features a private well and utilities located in the street. It is suited for a small residential subdivision, custom homes, or a private estate. The location offers open views and privacy, with access to nearby amenities. Buyers should verify subdivision status, zoning, and utility access. The property is located across from the Placitas fire station.
Key Highlights
- 8 acres with development/investment potential.
- Proposed subdivision in progress.
- Private well already in place.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 87043, NM
5,090
Population
2,349
Households
2.2
Avg Household Size
62
Median Age
60%
College-Educated
99%
High-School Grad
107.7 sq mi
ZIP Area
47
Density / Sq Mi
$110,268
Median Household Income
$59,185
Median Earnings
$1,869
Median Rent
$520,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 8-acre land parcel in Placitas, NM, ideal for development.
Where is this land located?
The property is located at Pinon Ridge Lot 5 Drive Placitas, NM.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 8 acres with development/investment potential.; Proposed subdivision in progress.; Private well already in place.
